C&W, BGC Launch Euro Derivatives JV

NEW YORK CITY-Cushman & Wakefield Finance Ltd, the FSA-regulated European finance arm of global real estate services firm Cushman & Wakefield, and BGC International, an inter-dealer brokerage firm, have signed of a 50-50 joint venture agreement in which the two firms will cooperate to provide strategic solutions and execution services in the growing property derivatives market across Europe.

This joint venture, marketed as “Cushman & Wakefield BGC,” intends to make sure that the firms become leading players in the evolving property derivatives market, and that they can provide strategic solutions to clients through a combination of market insight, pricing information, structuring of products and trade execution services.

Cushman & Wakefield BGC expects to significantly increase liquidity in the market by offering vanilla derivatives priced against indices such as the Investment Property Databank (IPD). In addition to growing liquidity and trading volumes, Cushman & Wakefield BGC is committed to developing innovative, structured products that are tailored to end user’s specific requirements, thereby helping the market reach its full potential.