BGC Gets FCA Benchmark Nod
Posted by Colin Lambert. Last updated: January 28, 2026
BGC Group says it inter-dealer brokerage unit, BGC Brokers, is now authorised as a UK-registered benchmark administrator by the Financial Conduct Authority.
The firm’s benchmark offering will start with swaps pricing in EUR IRS, GBP IRS, and cross-currency swaps, as well as EU and UK Inflation swaps. BGC says this provides clients with an FCA-regulated reference page, which is available on Bloomberg and LSEG Workspace, thus bringing improved data quality, and a strong alternative benchmark solution for issuance activities.
“BGC is one of the world’s leading interest rate derivatives brokers with a comprehensive benchmark reference page for EUR, GBP swaps, inflation, and cross-currency products, covering the full forward curve,” says Nadim Mourad, executive managing director at BGC. “This registration enables us to provide clients with regulated benchmark reference data that supports valuation and risk management activities across key rates markets.”
BGC says it plans on extending the range of products and markets covered by the benchmark licence.
