Bgc Group, Inc. · NASDAQ:BGC
Bgc — Merger or Acquisition (April 2024)
14 slides from Bgc's merger presentation, Apr 25, 2024
Slide 1: FMX, A BGC Company - April 2024
FMX A BGC COMPANY April 2024 Exhibit 99.2
Slide 2: Partners Join BGC in the creation of FMX
Partners Join BGC in the creation of FMX REPRESENTING 10 OF THE MOST IMPORTANT INVESTMENT BANKS AND MARKET MAKERS INVESTMENT BANKS MARKET MAKERS
Slide 3: Provide significant growth capital for FMX
Provide significant growth capital for FMX $172mm of cash proceeds to FMX TRANSACTION DETAILS CASH INVESTMENT FROM PARTNERS OWNERSHIP AND VALUATION Ownership (%) Pre-Money Valuation Post-Money Valuation Equity Partners SIGNIFICANT OPPORTUNITY1 Source: Bloomberg. Data as of 4/23/2024. Investor Opport
Slide 4: FMX is built for success
FMX is built for success Leveraging market leading front-end FMX UST technology that powers the fastest growing cash U.S. Treasury platform POWERFUL TECHNOLOGY 1 BGC has strong global connectivity and deep, long-standing relationships with the largest banks and market makers GLOBAL DISTRIBUTION 2 FM
Slide 5: FMX to challenge CME's dominant market position
FMX To challenge CME’s DOMINANT MARKET POSITION FMX is now a powerful player in the largest financial markets in the world, competing with CME’s highly valuable U.S. interest rate and foreign exchange businesses CME Revenue by Business 38% Interest Rates & FX 62% Other FOLLOWING THE BLUEPRINT OF GRE
Slide 6: The futures market opportunity is enormous
Source: CME Monthly Volumes multiplied by respective reported contract sizes; For Eurodollar and SOFR futures estimated contract size of $1mm Source: Bloomberg & FINRA Treasury Statistics …the futures market opportunity is enormous FMX FUTURES U.S. INTEREST RATE FUTURES1 Narrowest spreads & better p
Slide 7: FMX strong market share and volume growth
FMX strong market share and volume growth… FMX UST FMX UST ADV FMX UST Market Share1 Sources: Coalition Greenwich; Bloomberg; SIFMA Central limit order book (“CLOB”) market share. Tradeweb acquired Nasdaq’s U.S. Fixed Income platform on 6/25/2021; Dealerweb prior period includes Nasdaq U.S. Fixed In
Slide 8: FMX Foreign Exchange
FMX Foreign exchange FULLY-CONNECTED, STATE-OF-THE-ART FX PLATFORM NOW SUPERCHARGED FOR GROWTH WITH THE SUPPORT OF OUR PARTNERS While FMX Foreign Exchange has delivered market leading growth, it competes with significantly larger FX trading platforms. Source: BIS Triennial Survey. Volumes reported a
Slide 9: FMX Market Data
FMX MARKET DATA Source: Burton Taylor FMX WILL PROVIDE UNIQUE, HIGHLY VALUABLE MARKET DATA ACROSS THE WORLD’S MOST IMPORTANT INTEREST RATES AND FOREIGN EXCHANGE MARKETS Global Market Data Spend Global Market Data Spend1 FMX offers the narrowest trading spreads which provides unique and highly valuab
Slide 10: LCH Partnership providing significant portfolio-margining efficiencies
LCH Partnership PROVIDING significant PORTFOLIO-margining Efficiencies 2023 INTEREST RATE DERIVATIVES CLEARED VOLUMES1 OVERVIEW LARGEST IRS INITIAL MARGIN MARKET SHARE Clearing Partnership with LCH, the largest clearer of interest rate swaps globally Unique opportunity to cross margin U.S. Interest
Slide 11: Why the market needs a second U.S. rates exchange
Why THE MARKET NEEDs A SECOND U.S. RATES EXCHANGE LIQUIDITY, COMPETITION AND RESILIENCY SUPPORTS FINANCIAL STABILITY AND REDUCES SYSTEMIC RISK ENHANCED LIQUIDITY Ultra-low latency execution Reduced transaction costs and tighter bid/ask spreads and lower exchange fees As market volumes grow, total ma
Slide 12: Leadership
Leadership MULTI-DECADE EXPERIENCE IN BUILDING AND MONETIZING INNOVATIVE PLATFORMS, TECHNOLOGIES AND SOLUTIONS Louis Scotto CEO Howard W. Lutnick Chairman 40+ years experience in financial services Chairman of FMX Chairman and CEO of BGC Group 40+ years experience in financial services CEO of FMX Fo
Slide 13: Disclaimer
Disclaimer DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT BGC Statements in this document regarding BGC that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statemen
Slide 14: Contact
ir.bgcg.com twitter.com/bgcgroupinc linkedin.com/company/bgc_group Media Contact: Erica Chase +1 212-610-2419 Investor Contact: Jason Chryssicas +1 212-610-2426