London, 22 July 2009 

BGC Partners, Inc. (Nasdaq: BGCP), a leading inter-dealer broker of financial instruments, today announced the addition of a Precious Metals desk to work alongside its existing Base Metals desk of eleven years standing. 

The Precious Metals desk will provide broking services in Options, Forwards, IRS, EFP, and Nymex Clearport products and will be managed by Richard Yeabsley, head of FX Options in London. BGC Partners will also provide global coverage in broking the precious metals via offices in London, New York, Sydney, Singapore, Tokyo and Hong Kong.

BGC Partners are also pleased to announce that Bob Davis has joined the team. Bob has 22 years experience in the bullion market and will manage the Forwards, IRS and EFP broking. Previously Bob was global head of Precious Metals Sales and Marketing at BNP Paribas in London.

Shaun Lynn, President and CEO, BGC Partners said: "The creation of this desk is closely aligned to BGC Partners' overall growth strategy and will both add to and strengthen our existing commodities franchise.”

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