BGC Group, Inc (NYSE:BGC) Q3 2023 Earnings Call Transcript

I think if you undervalue our U.S. treasury platform, wildly, I think they have no idea of the incredible value that the infrastructure and connectivity this company has to the world’s capital markets players and that opportunity in futures. You have the CMEs worth between $70 billion and $80 billion and we have around $3 billion. That is just illogical. I think that illogic will come over time as we go pounding forward. And we are very, very excited about our prospects for FMX.

Patrick Moley : All right. That’s great, guys. I think that’s it for me. Congrats on the strong quarter.

Operator: Thank you. We have reached the end of our question-and-answer session. I would now like to turn the floor back over to Chairman and Chief Executive Officer, Mr. Lutnick for any closing comments.

Howard Lutnick: Thank you all for joining us today. We look forward to reporting a meeting with you next quarter and where we will have again, we look forward to a very positive call. Thank you. We’ll see you then.

Operator: Thank you. This does conclude today’s teleconference. We appreciate your participation. You may disconnect your lines at this time. Enjoy the rest of your day.