Keefe, Bruyette & Woods Comments On BGCP

According to a recent report from Keefe, Bruyette & Woods, BGC Partners (NASDAQ: NGCP) held an Investor Day to discuss past goals and plan for new financial goals.

In the report, Keefe, Bruyette & Woods said, "A look for the first time at the 49% operating margin in the electronic business is promising for the long-term potential upside, in our view."

BGC Partners closed Friday at $7.85.