Stephen Merkel - BGC Partners Executive VP, General Counsel and Secretary
| BGCPDelisted Stock | USD 4.43 0.00 0.00% |
EVP
Mr. Stephen M. Merkel is Executive Vice President, General Counsel of BGC Partners, Inc. Mr. Merkel was our Senior Vice President, General Counsel and Secretary from June 1999 to September 2001. Mr. Merkel was our Secretary from September 2001 until January 2019. Mr. Merkel served as a director of our Company from September 2001 until October 2004. Mr. Merkel was Executive Managing Director, General Counsel and Secretary of Cantor since December 2000 and was Senior Vice President, General Counsel and Secretary of Cantor from May 1993 to December 2000. Mr. Merkel has served as Chief Legal Officer at Newmark since January 2019 and served as Secretary from December 2017 to January 2019. Mr. Merkel also holds offices at and provides services to various other affiliates of Cantor and provides services to our operating partnerships and subsidiaries, including BGC U.S. OpCo, BGC Global OpCo and Newmark OpCo. Prior to joining Cantor, Mr. Merkel was Vice President and Assistant General Counsel of Goldman Sachs Co. from February 1990 to May 1993. From September 1985 to January 1990, Mr. Merkel was an associate with the law firm of Paul, Weiss, Rifkind, Wharton Garrison. Mr. Merkel is a founding board member of the Wholesale Markets Brokers Association, Americas. In addition, Mr. Merkel serves as the Executive Vice President, General Counsel and Secretary of the Cantor SPAC since 2019.
| Age | 64 |
| Tenure | 5 years |
| Phone | 212 610 2200 |
| Web | https://www.bgcpartners.com |
Stephen Merkel Latest Insider Activity
Tracking and analyzing the buying and selling activities of Stephen Merkel against BGC Partners stock is an integral part of due diligence when investing in BGC Partners. Stephen Merkel insider activity provides valuable insight into whether BGC Partners is net buyers or sellers over its current business cycle. Note, BGC Partners insiders must abide by specific rules, including filing SEC forms every time they buy or sell BGC Partners'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Stephen Merkel over six months ago Newmark exotic insider transaction detected | ||
Stephen Merkel over six months ago Sale by Stephen Merkel of 35006 shares of Newmark |
BGC Partners Management Efficiency
The company has return on total asset (ROA) of 0.0105 % which means that it generated a profit of $0.0105 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0629 %, meaning that it created $0.0629 on every $100 dollars invested by stockholders. BGC Partners' management efficiency ratios could be used to measure how well BGC Partners manages its routine affairs as well as how well it operates its assets and liabilities.BGC Partners currently holds 1.05 B in liabilities with Debt to Equity (D/E) ratio of 1.63, which is about average as compared to similar companies. BGC Partners has a current ratio of 1.23, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about BGC Partners' use of debt, we should always consider it together with its cash and equity.
BGC Partners, Inc. operates as a financial brokerage and technology company in the United States, France, other Europe, the United Kingdom, other Americas, Asia, Australia, Africa, and the Middle East. BGC Partners, Inc. was founded in 1945 and is headquartered in New York, New York. Bgc Partners operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 20 people. BGC Partners (BGCP) is traded on NASDAQ Exchange in USA and employs 3,780 people. Management Performance
| Return On Equity | 0.0629 | |||
| Return On Asset | 0.0105 |
BGC Partners Leadership Team
Elected by the shareholders, the BGC Partners' board of directors comprises two types of representatives: BGC Partners inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BGC. The board's role is to monitor BGC Partners' management team and ensure that shareholders' interests are well served. BGC Partners' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BGC Partners' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Steven Sadoff, Chief Officer | ||
| Jason Hauf, Chief Officer | ||
| Karen LaureanoRikardsen, Chief Officer | ||
| Adrian Thomas, Director Communications | ||
| Stephen Merkel, Executive VP, General Counsel and Secretary | ||
| Jason Chryssicas, Head Relations | ||
| Howard Lutnick, Chairman and CEO | ||
| Daniel LaVecchia, Ex Products | ||
| Sean Windeatt, Chief Officer | ||
| Lori Pennay, MD Partnership |
BGC Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is BGC Partners a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0629 | |||
| Return On Asset | 0.0105 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 2.45 B | |||
| Shares Outstanding | 338.49 M | |||
| Shares Owned By Insiders | 9.68 % | |||
| Shares Owned By Institutions | 67.97 % | |||
| Number Of Shares Shorted | 6.47 M | |||
| Price To Earning | 19.32 X |
Pair Trading with BGC Partners
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BGC Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BGC Partners will appreciate offsetting losses from the drop in the long position's value.Moving against BGC Stock
| 0.4 | MCHB | Mechanics Bank | PairCorr |
| 0.34 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
The ability to find closely correlated positions to BGC Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BGC Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BGC Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BGC Partners to buy it.
The correlation of BGC Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BGC Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BGC Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BGC Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in BGC Stock
If you are still planning to invest in BGC Partners check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BGC Partners' history and understand the potential risks before investing.
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