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The Company primarily engages in the business of operating interactive electronic marketplaces designed to enable market participants to trade financial and non-financial products.
As interest rates rise when all the US govt borrowing comes to roost, this stock will profit exponentially! Already doing well to boot.
True, when the Gov starts to unwind these positions BGCP will benefit greatly. Also when this happens interest rates will have bottomed and cause others to unwind their positions further benefiting BGCP. Management stated in the last conference call that they expect to continue paying .12 cent quarterly div, nice to get while you wait.
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