BGC BGC Group Inc.

BGC Group, Inc. has announced a definitive agreement to sell its kACE Financial business to smartTrade Technologies SAS for an estimated $119 million. The deal includes an initial payment of $80 million and up to $39 million in contingent cash consideration. This strategic move allows BGC to focus on its high-margin, technology-driven Fenics platforms, while smartTrade expands its multi-asset trading and payments offering with kACE's FX derivatives expertise.

BGC Group, Inc. has entered a definitive agreement to sell its kACE Financial business, a provider of FX derivatives pricing and analytics, to smartTrade Technologies SAS for up to $119 million. This transaction aims to unlock shareholder value and allows BGC to focus on expanding its Fenics platforms. smartTrade gains complementary FX derivatives expertise, enhancing its multi-asset trading and payments solutions.

Bgc Group Inc - Class A (BGC), Sun Life Financial Inc (SLF), and Manulife Financial Corp (MFC) are set to trade ex-dividend on November 26, 2025. Investors can expect their stock prices to adjust downwards by the dividend percentage when trading opens. Historical dividend data is provided to help assess the stability and potential continuity of future dividends.

BGC Group Inc. (NASDAQ: BGC) is highlighted as a top cheap stock under $10, following a Buy rating from Piper Sandler and a $14 price target. The company reported record Q3 2025 revenues of $737 million, up 31% year-over-year, and expects a $25 million cost reduction program to boost margins. BGC provides brokerage and financial technology services across various asset classes, demonstrating strong growth despite a mixed macroeconomic environment.

BGC Group (NASDAQ:BGC) reported impressive financial results for Q3 2025, with Forex revenues increasing by 15.9% to $106.7 million and equities revenues growing by 13.2% to $60.4 million. Overall, total revenues climbed 31.3% to $736.8 million year-over-year, and the company achieved record Adjusted Earnings. BGC also announced a reapproved $400 million Share Repurchase Authorization and a quarterly cash dividend.

This article from Investing.com India discusses BGC Group's Q2 2025 presentation, highlighting record revenues that surged by 42%. This significant growth is attributed to strong performance in electronic trading.