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Segment, Geographic and Product Information
9 Months Ended
Sep. 30, 2024
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, ECS, 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 EMEA, the Americas and APAC. Revenues and long-lived assets are attributed to geographic areas based on the location of the particular subsidiary. Information regarding revenues is as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Revenues:
EMEA1
$280,883 $241,011 $864,697 $758,233 
Americas2
204,811 172,048 603,434 541,673 
APAC75,417 69,635 222,355 208,735 
Total revenues$561,111 $482,694 $1,690,486 $1,508,641 
____________________________
1For the three and nine months ended September 30, 2024 and 2023, the U.K. accounted for 10% or more of total revenues. U.K. revenues for the three months ended September 30, 2024 and 2023 were $189.6 million and $172.3 million, respectively. U.K. revenues for the nine months ended September 30, 2024 and 2023 were $591.3 million and $537.8 million, respectively.
2For the three and nine months ended September 30, 2024 and 2023, the U.S. accounted for 10% or more of total revenues. U.S. revenues for the three months ended September 30, 2024 and 2023 were $187.7 million and $152.9 million, respectively. U.S. revenues for the nine months ended September, 30 2024 and 2023 were $550.4 million and $484.6 million, respectively.
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; rent and other deposits; excluding goodwill and other intangible assets, net) in the applicable geographic area is as follows (in thousands):

September 30,
2024
December 31, 2023
Long-lived assets:
EMEA1
$388,669 $385,210 
Americas2
252,956 225,950 
APAC
92,477 75,496 
Total long-lived assets$734,102 $686,656 
____________________________
1For the three and nine months ended September 30, 2024 and 2023, the U.K. accounted for 10% or more of total long-lived assets. U.K. long-lived assets as of September 30, 2024 and December 31, 2023 were $285.1 million and $306.1 million, respectively.
2For the three and nine months ended September 30, 2024 and 2023, the U.S. accounted for 10% or more of total long-lived assets. U.S. long-lived assets as of September 30, 2024 and December 31, 2023 were $246.7 million and $220.1 million, respectively.
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, ECS, 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,
2024202320242023
Revenues:
Rates$174,313 $145,703 $515,442 $454,649 
ECS112,921 93,120 349,128 281,467 
FX92,076 79,795 265,045 237,480 
Credit68,000 63,747 224,973 219,102 
Equities53,336 52,665 167,599 178,152 
Total brokerage revenues$500,646 $435,030 $1,522,187 $1,370,850 
All other revenues60,465 47,664 168,299 137,791 
Total revenues$561,111 $482,694 $1,690,486 $1,508,641