BGC Partners Approved for Principal Bond Trading in Korea

BGC Partners, Inc. BGCP ("BGC Partners," "BGC," or "Company"), a leading global brokerage company servicing the wholesale financial and real estate markets, announced Thursday that its Korean entity, BGC Capital Markets and Foreign Exchange Broker (Korea) Limited, has been granted a licence by the Financial Services Commission (FSC) to offer principal bond trading to financial institutions in Korea. (Logo: http://photos.prnewswire.com/prnh/20110720/MM38935LOGO) BGC is the first foreign interdealer broker to be granted this licence in Korea. Offering Korean won-denominated bond products will complement BGC's existing foreign exchange, interest rate swap, cross currency swap, forward rate agreement and basis swap brokerage services in Korea.      Len Harvey, Executive Managing Director and General Manager, Asia Pacific said, "I am delighted that we have become the first foreign brokerage firm in Korea to receive this approval. Our ability to offer an even broader range of products in Korea marks an exciting chapter that underscores our mission to offer clients a valuable array of services." About BGC Partners, Inc. BGC Partners is a leading global brokerage company primarily servicing the wholesale financial and real estate markets.  Products include See full press release