Segment, Geographic and Product Information

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Segment, Geographic and Product Information

Segment, Geographic and Product Information

Segment Information

The Company currently operates in one reportable segment, brokerage services. The Company provides or has provided brokerage services to the financial markets, through integrated Voice, Hybrid and Fully Electronic brokerage in a broad range of products, including fixed income (Rates and Credit), FX, Equities, Energy and Commodities, and Futures and Options. BGC also provides a wide range of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, consulting, and other back-office services to a broad range of financial and non-financial institutions.

Geographic Information

The Company offers products and services in the U.K., U.S., Asia (including Australia), Other Europe, MEA, France, and Other Americas. Information regarding revenues is as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Revenues:
U.K.	$	174,334	$	158,578	$	365,518	$	339,458
U.S.	162,387		131,959		331,724		280,779
Asia	67,729		64,236		139,100		141,285
Other Europe/MEA	44,270		40,843		99,159		93,948
France	25,407		23,345		52,545		53,607
Other Americas	18,953		16,795		37,901		33,143
Total revenues	$	493,080	$	435,756	$	1,025,947	$	942,220

Information regarding long-lived assets (defined as loans, forgivable loans and other receivables from employees and partners, net; fixed assets, net; ROU assets; certain other investments; goodwill; other intangible assets, net of accumulated amortization; and rent and other deposits) in the geographic areas is as follows (in thousands):

	June 30, 2023		December 31, 2022
Long-lived assets:
U.S.	$	794,990	$	787,321
U.K.	398,176		401,823
Asia	74,536		76,870
Other Europe/MEA	49,082		46,413
Other Americas	18,782		17,736
France	17,721		13,019
Total long-lived assets	$	1,353,287	$	1,343,182

Product Information

The Company’s business is based on the products and services provided and reflects the manner in which financial information is evaluated by management.

The Company specializes in the brokerage of a broad range of products, including fixed income (Rates and Credit), FX, Equities, Energy and Commodities, and Futures and Options. It also provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post-trade, information, consulting, and other back-office services to a broad range of financial and non-financial institutions.

Product information regarding revenues is as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Revenues:
Rates	$	144,209	$	137,129	$	308,946	$	295,938
Energy and Commodities	98,688		66,687		188,347		149,082
FX	77,527		74,347		157,685		154,372
Credit	65,806		61,257		155,355		145,165
Equities	57,373		58,291		125,487		125,419
Total brokerage revenues	$	443,603	$	397,711	$	935,820	$	869,976
All other revenues	49,477		38,045		90,127		72,244
Total revenues	$	493,080	$	435,756	$	1,025,947	$	942,220