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Subsequent Events
 6 Months Ended
Jun. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Second Quarter 2022 Dividend
On August 2, 2022, the Company’s Board of Directors declared a quarterly cash dividend of $0.01 per share for the second quarter of 2022, payable on September 6, 2022 to BGC Class A and Class B common stockholders of record as of August 23, 2022.
CEO Program
On July 8, 2022, the Company filed an amendment to the March 2021 Form S-3 with respect to the issuance and sale of up to an aggregate of $300.0 million of shares of BGC Class A common stock from time to time on a delayed or continuous basis. On August 3, 2022, the March 2021 Form S-3 was declared effective by the SEC.
Corporate Conversion
The Joint Committee of BGC Partners' independent Directors of the Board, which was constituted to consider the conversion to a corporate structure, has agreed to pursue and move forward with a conversion of the Company's corporate structure from an Umbrella Partnership/C-Corporation ("Up-C") to a "Full C-Corporation." This conversion is intended to be effective January 1, 2023, subject to customary closing conditions in the agreement and regulatory approvals.