QUICK to distribute kACE Treasury and kACE Market Aggregation to Japanese market.
LONDON – 01 October 2018 – Fenics Software Limited, a subsidiary of BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC” or “the Company”), a leading global brokerage company servicing the financial and real estate markets, today announced it entered into an agreement with QUICK Corp Japan to distribute products through its kACE brand including the kACE Treasury and kACE Market Aggregator solutions.
Under the agreement, QUICK will offer an integrated solution to their clients combining QUICK market data with kACE Analytics for FX and Interest Rate products.
Mr. Richard Brunt, Managing Director, FENICS Software Limited, commented: “We are delighted to be working with QUICK on this collaboration, bringing the market leading kACE solutions to the Japanese market”, Brunt continued, “the combination of kACE Analytics and the power of QUICK Market data is very compelling and feedback from clients has been very positive”.
Mr. Katsuyoshi Kondo, CEO of QUICK Corp, commented: “We have a long standing relationship with Fenics Software Limited and are looking forward to extending this to include their kACE product range, powered by QUICK market data”.
About Fenics Software Limited
Since 1987 Fenics Software Limited has been providing award winning solutions to the FX derivatives market from pre-trade analysis, risk management, automated client price distribution, and post trade processing.
kACE is the product brand for the solutions provided by Fenics Software Limited. kACE was launched in July 2018 following the acquisition of Kalahari Limited by Fenics Software Limited. The product range includes pricing, analytics, distribution and trading tools for a broad range of asset classes.
Both Fenics Software Limited and Kalahari have over 30 years’ experience providing intuitive pre-trade analysis, risk management, automated client price distribution, post trade processing and innovative pricing solutions for the FX derivatives and financial markets. The extensive range of APIs facilitate connectivity to third parties and bespoke front-end solutions.
About BGC Partners, Inc.
BGC Partners is a leading global brokerage company servicing the financial and real estate markets. BGC’s Financial Services offerings include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, and structured products. BGC’s Financial Services customers include many of the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC, BGC Trader, GFI, Fenics, Fenics Market Data, Capitalab, and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC Partners, Inc. and/or its affiliates. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC offers Real Estate Services through its publicly traded subsidiary Newmark Group, Inc. (NASDAQ: NMRK). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com. You can also follow BGC at https://twitter.com/bgcpartners, https://www.linkedin.com/company/bgc-partners, and/or http://ir.bgcpartners.com.
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 statements. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC’s Securities and Exchange Commission filings, including, but not limited to, the risk factors set forth in these filings and any updates to such risk factors contained in subsequent Forms 10-K, Forms 10-Q or Forms 8-K.
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