This acquisition marks a strategic step in expanding BGC’s agency business by integrating Macro Hive’s advanced AI-powered technology into the company’s Rates and FX market operations. The move aims to enhance BGC’s global broking and execution platform, driving greater innovation and client value across financial markets.
Macro Hive’s co-founders — CEO Bilal Hafeez and COO Andrew Simon — will join BGC to further strengthen its leadership and technological capabilities. Their expertise in data-driven market analysis will play a key role in elevating BGC’s institutional services.
“Integrating Macro Hive’s innovative insights into our platform will allow us to deliver even greater value to our clients,” said Richard Leighton, Senior Managing Director at BGC Group. “We’re excited to collaborate with Bilal and Andrew to ensure a smooth and impactful transition.”
Bilal Hafeez, Founder and CEO of Macro Hive, added: “Our goal has always been to deliver AI-driven research and actionable strategies that help institutional investors make smarter decisions. Joining BGC enables us to scale our vision globally and create superior client outcomes.”
Through this acquisition, BGC continues to reinforce its commitment to digital innovation, combining human expertise with cutting-edge AI to redefine standards in market intelligence and client service.
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