Large Outflow of Money Witnessed in BGC Partners

BGC Partners (BGCP) : Fridays money flow analysis of BGC Partners (BGCP) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $3.88 million. In comparison, the inflow of money on upticks was a meager $0.84 million. The dollar value of composite uptick trades minus the downtick trades was negative $3.05 million. The uptick to downtick ratio of 0.22 in the money flow shows weakness. The downtick transaction value was high at $2.8 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($2.8 million). BGC Partners (BGCP) gained $0.1 at $9.04, a change of 1.12% over the previous days close.


BGC Partners (NASDAQ:BGCP): stock turned positive on Friday. Though the stock opened at $8.97, the bulls momentum made the stock top out at $9.09 level for the day. The stock recorded a low of $8.87 and closed the trading day at $9.03, in the green by 1.01%. The total traded volume for the day was 938,265. The stock had closed at $8.94 in the previous days trading.

In a related news, Curwood Stephen T, director of Bgc Partners, Inc., unloaded 4,000 shares at an average price of $9.16 on June 8, 2015. The total amount of the transaction was worth $36,640, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

BGC Partners Inc. (BGC) is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services, which offers fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures and structured products, and Real Estate Services (or Newmark Grubb Knight Frank (NGKF)), which is a full-service commercial real estate platform that consists of its Real Estate Services segment. Through NGKF, the Company offers commercial real estate tenants, owners, investors and developers a range of services, including leasing and corporate advisory, investment sales and financial services, consulting, project management, and property and facilities management. The Company also provides broker-dealer services, clearing, processing, information, and other back-office services to a range of financial and non-financial institutions.

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