Segment, Geographic and Product Information

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Revenues:
U.K.	$	172,309	$	149,281	$	537,827	$	488,739
U.S.	152,918		126,917		484,642		407,696
Asia	69,635		65,761		208,735		207,046
Other Europe/MEA	47,893		36,695		147,052		130,643
France	20,809		20,218		73,354		73,825
Other Americas	19,130		17,695		57,031		50,838
Total revenues	$	482,694	$	416,567	$	1,508,641	$	1,358,787

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):

	September 30, 2023		December 31, 2022
Long-lived assets:
U.S.	$	808,081	$	787,321
U.K.	380,881		401,823
Asia	89,681		76,870
Other Europe/MEA	57,606		46,413
France	21,725		13,019
Other Americas	18,575		17,736
Total long-lived assets	$	1,376,549	$	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 September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Revenues:
Rates	$	145,703	$	129,971	$	454,649	$	425,909
Energy and Commodities	93,120		68,975		281,467		218,057
FX	79,795		73,481		237,480		227,853
Credit	63,747		58,187		219,102		203,352
Equities	52,665		48,384		178,152		173,803
Total brokerage revenues	$	435,030	$	378,998	$	1,370,850	$	1,248,974
All other revenues	47,664		37,569		137,791		109,813
Total revenues	$	482,694	$	416,567	$	1,508,641	$	1,358,787