BGC Partners Selects Gissing's ConteX MCS
BGC Partners, a provider of brokerage services to wholesale fixed income, interest rate, foreign exchange and derivatives markets worldwide, has gone live with ConteX MCS, a tool for real-time price contributions. BGC is using ConteX MCS to provide a centralized output for contributions across various business areas including both swaps and derivatives. Prices are routed from BGC’s offices around the world to its market data platform in London. The information then goes to the ConteX MCS input handler and is routed to the output handler, which sends the prices to Bloomberg and also internally to the company. As BGC’s contributions business grows, ConteX MCS can expand to support multiple feeds to Bloomberg and to other providers such as Reuters.