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Segment, Geographic and Product Information | 9 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
Segment, Geographic and Product Information | Segment, Geographic and Product Information Segment Information The Company currently operates in one reportable segment, brokerage services. The Company provides or has provided brokerage services to the financial markets, through integrated Voice, Hybrid and Fully Electronic brokerage in a broad range of products, including fixed income (Rates and Credit), FX, Equities, Energy and Commodities, and Futures and Options. BGC also provides a wide range of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, consulting, and other back-office services to a broad range of financial and non-financial institutions. Geographic Information The Company offers products and services in the U.K., U.S., Asia (including Australia), Other Europe, MEA, France, and Other Americas. Information regarding revenues is as follows (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Revenues: |  |  |  |  |  |  |
U.K. | $ | 172,309 |  |  | $ | 149,281 |  |  | $ | 537,827 |  |  | $ | 488,739 |
U.S. | 152,918 |  |  | 126,917 |  |  | 484,642 |  |  | 407,696 |
Asia | 69,635 |  |  | 65,761 |  |  | 208,735 |  |  | 207,046 |
Other Europe/MEA | 47,893 |  |  | 36,695 |  |  | 147,052 |  |  | 130,643 |
France | 20,809 |  |  | 20,218 |  |  | 73,354 |  |  | 73,825 |
Other Americas | 19,130 |  |  | 17,695 |  |  | 57,031 |  |  | 50,838 |
Total revenues | $ | 482,694 |  |  | $ | 416,567 |  |  | $ | 1,508,641 |  |  | $ | 1,358,787 |
Information regarding long-lived assets (defined as loans, forgivable loans and other receivables from employees and partners, net; fixed assets, net; ROU assets; certain other investments; goodwill; other intangible assets, net of accumulated amortization; and rent and other deposits) in the geographic areas is as follows (in thousands):
| September 30, 2023 |  | December 31, 2022
Long-lived assets: |  |  |
U.S. | $ | 808,081 |  |  | $ | 787,321 |
U.K. | 380,881 |  |  | 401,823 |
Asia | 89,681 |  |  | 76,870 |
Other Europe/MEA | 57,606 |  |  | 46,413 |
France | 21,725 |  |  | 13,019 |
Other Americas | 18,575 |  |  | 17,736 |
Total long-lived assets | $ | 1,376,549 |  |  | $ | 1,343,182 |
Product Information The Company’s business is based on the products and services provided and reflects the manner in which financial information is evaluated by management. The Company specializes in the brokerage of a broad range of products, including fixed income (Rates and Credit), FX, Equities, Energy and Commodities, and Futures and Options. It also provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post-trade, information, consulting, and other back-office services to a broad range of financial and non-financial institutions. Product information regarding revenues is as follows (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Revenues: |  |  |  |  |  |  |
Rates | $ | 145,703 |  |  | $ | 129,971 |  |  | $ | 454,649 |  |  | $ | 425,909 |
Energy and Commodities | 93,120 |  |  | 68,975 |  |  | 281,467 |  |  | 218,057 |
FX | 79,795 |  |  | 73,481 |  |  | 237,480 |  |  | 227,853 |
Credit | 63,747 |  |  | 58,187 |  |  | 219,102 |  |  | 203,352 |
Equities | 52,665 |  |  | 48,384 |  |  | 178,152 |  |  | 173,803 |
Total brokerage revenues | $ | 435,030 |  |  | $ | 378,998 |  |  | $ | 1,370,850 |  |  | $ | 1,248,974 |
All other revenues | 47,664 |  |  | 37,569 |  |  | 137,791 |  |  | 109,813 |
Total revenues | $ | 482,694 |  |  | $ | 416,567 |  |  | $ | 1,508,641 |  |  | $ | 1,358,787 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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