BGC Group, Inc. — Director's Dealing 2011

Jan 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BGC Partners, Inc. (BGCP)
CIK: 0001094831
Period of Report: 2011-01-18

Reporting Person: MERKEL STEPHEN M (EVP, General Counsel and Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-18	Class A Common Stock, par value $0.01 per share	M	11000	$5.10	Acquired	25153	Direct
2011-01-18	Class A Common Stock, par value $0.01 per share	F	8668	$8.99	Disposed	16485	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-18	Option to Purchase Class A Common Stock, par value $0.01	$5.10	M	11000	Disposed	2011-10-19	Class A Common Stock, par value $0.01 (11000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock, par value $0.01 per share	7526	Indirect
Class A Common Stock, par value $0.01 per share	2250	Indirect

Footnotes

F1: Between June 30, 2010 and December 31, 2010, the reporting person acquired 227 shares of BGC Partners, Inc. (the "Company") Class A Common Stock under the Company's 401(k) plan. The information in this report is based on a plan statement dated as of December 31, 2010.

F2: The options generally vest ratably on a quarterly basis over a four year period beginning on the date of grant, October 19, 2001.