BGC Partners - 4Q15 post - distributable earnings of $ 76.7 m , up 26 % YoY , while revenue was $ 692 m , up 34 % YoY. CEO , Howard Smith , said this strong performance was offset by the addition of GFI , success of the Grubb Knight Frank , and a 112 % YoY revenue growth driven by the new high volume fully electronic FENICS[4 ] business .
BGC Partners - 4Q15 post tax distributable earnings of $76.7m, up 26% YoY, while revenue was $692m, up 34% YoY. CEO, Howard Lutnick, said this strong performance was driven by the addition of GFI, success of Newmark Grubb Knight Frank, and a 112% YoY revenue increase generated by the firms high margin fully electronic FENICS[4] business.