BGC Group said on Monday that she had acquired Macro Hive Limited, a leading company in the field of analyzes and global macroeconomic strategy, in a move that strengthens the growth agency of the Mediation and Financial Technology Company.
The deal will integrate data analyzes and strategic capabilities that are on behalf of AI through BGC prices and foreign exchange markets, which enhances the brokerage platform and global implementation of institutional customers.
The founders participating in Macro Hive, Bilal Havez and Andrew Simon, will join BGC to help pay innovation and accelerate the integration of analyzes into the company’s commercial infrastructure.
“The addition of HIVE Macro Hive to our institutional services set enhances our platform through the visions of technology and installed experiences, and setting a new standard for agency’s services,” said Richard Leiton, the first administrative director of the BGC Group.
Havez said that the acquisition will allow Macro Hive to present its research and analyzes to a broader customer base.
He said: “Our mission has always been to provide innovative visions and strategies supported by artificial intelligence that enable investors and institutional companies to make better decisions.” “By combining our experience with the global BGC platform, we can provide unparalleled customer solutions.”
Its headquarters in New York and the school in NASDAQ, BGC Group provides market services, data and financial technology across multiple assets categories, including fixed income, foreign currency exchange, energy, and stocks.
The company also runs Exchang FMX Futures, which is part of the technology wallet and data expanding.