
BGC Brokers L.P. has been officially authorised as a UK-registered benchmark administrator by the Financial Conduct Authority (FCA) under the UK Benchmarks Regulation.
This licence allows BGC Brokers to operate as a recognised benchmark administrator within the UK financial markets, ensuring compliance with regulatory standards for benchmark administration.
Forex traders should note that this development reinforces BGC Brokers’ position and credibility in providing benchmark-related services, potentially impacting the reliability and governance of benchmarks used in trading activities.
Original Source: FX News Group







