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BGC Partners closes acquisition of Sunrise Brokers

BGC Partners Inc. has completed its acquisition of Sunrise Brokers Group, an independent equity derivatives brokerage.

Terms of the deal were not disclosed.

Sunrise Brokers, which was founded in 1991, offers brokerage services across multiple asset classes including equities, credit, foreign exchange, hybrid and derivative products. Sunrise Brokers LLP is regulated in the U.K. by the Financial Conduct Authority, while Sunrise Brokers (Hong Kong) Ltd. is licensed in Hong Kong by the Securities and Futures Commission. Sunrise Brokers LLC is a FINRA member company in the U.S.