BGC Group Launches Opti Match First Fully Electronic Platform for U.S. Dollar Swaps

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09/18/2025 - 09:00 AM

NEW YORK--(BUSINESS WIRE)-- BGC Group, Inc. (Nasdaq: BGC), a leading global brokerage and financial technology company, today announced the launch of Opti Match, the company’s new fully electronic trading platform for U.S. dollar swaps offered through BGC Derivatives Markets, L.P.

Institutional investors can access Opti Match either directly if they are SEF Participants or through their BGC or GFI broker.

The Opti Match is designed to streamline execution, enhance transparency, and deliver superior liquidity across the U.S. dollar swaps landscape and will initially support a comprehensive suite of products, including:

SOFR Flies & Spreads
SOFR Feds Basis Term & FOMC
FOMC Rates SOFR & OIS
CME/LCH Outrights & Switches

“The launch of Opti Match underscores our continued investment in technology and our commitment to delivering best-in-class solutions for our clients,” said Charles Veneziano, Head of Rates at BGC Group. “As a full-service provider, we are focused on providing our clients with the flexibility to choose how they trade with us – fully electronic, hybrid, or voice – ensuring seamless connectivity and efficiency across every execution style.”

Briana Grazioso, Director of eSales at BGC Group, will lead the Opti Match business and oversee strategy, product development, and client adoption. Bradley Barclay, a senior broker in the U.S. interest rates swap market, will join BGC Group with a particular focus on the growth of the new platform. Mr. Barclay was previously at TP ICAP and brings 10+ years of deep market expertise and a strong track record in interdealer broking, further strengthening BGC’s capabilities in the U.S. dollar swaps space. He will report to Charles Veneziano, Executive Managing Director, and Head of Rates at BGC Group.

About BGC Group, Inc.

BGC Group, Inc. (Nasdaq: BGC) is a leading global marketplace, data, and financial technology services company for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and now includes the FMX Futures Exchange. BGC’s clients are many of the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms.

BGC and leading global investment banks and market making firms have partnered to create FMX, part of the BGC Group of companies, which includes a U.S. interest rate futures exchange, spot foreign exchange platform and the world’s fastest growing U.S. cash treasuries platform.

For more information about BGC, please visit www.bgcg.com.