Home » News

Fenics Market Data announces strategic partnership with ZE PowerGroup to distribute Energy and Commodities Market Data

Fenics Market Data announces strategic partnership with ZE PowerGroup to distribute Energy and Commodities Market Data
October 13, 2023, VANCOUVER, B.C., Canada -

Fenics Market Data, a division within BGC Group, Inc. (Nasdaq: BGC) (“BGC Group” or “BGC” or the “Company”), today announced it is partnering with ZE PowerGroup (“ZE”) to bring its full suite of energy and commodities pricing data to clients through ZE’s award winning data management solution, ZEMA™. The timing of this strategic partnership is reflective of BGC Group’s expansion through the acquisitions of Ginga and Trident to complement GFI’s strong commodities franchise.

This partnership will provide a comprehensive over-the-counter data solution, empowering users to gain deeper insights into market dynamics and make better informed decisions. By leveraging Fenics Market Data’s expertise in pricing data and ZEMA’s complete end-to-end automated data, analytics, and integration service, the partnership aims to provide clients with enhanced services to manage their entire energy and commodities portfolios from a single source.

Rich Winter, Global Head, Fenics Market Data, said, “energy and commodity trading firms require consolidated data solutions to manage increasing market volatility. Delivering our unique datasets through a best-in-class data management tool such as ZEMA allows businesses to reduce manual intervention through enhanced data accuracy and consistency. This leads to faster trade execution and risk assessment while improving risk mitigation and reporting capabilities, benefiting all counterparties involved in the trade cycle.

“ZE is thrilled to be partnering with Fenics Market Data, the exclusive distributor of high value energy and commodities data for the BGC Group and its affiliates. The addition of Fenics Market Data provides ZE with important access to strategic energy and commodities data that will enhance our mutual clients’ understanding of the markets they participate in,” said Aiman El-Ramly, Chief Business Officer, ZE PowerGroup. “The ability to integrate and analyze a broad range of data within ZEMA provides our mutual clients with a powerful mechanism to advance their market positioning,” continues Mr. El-Ramly.

About Fenics Market Data

Fenics Market Data is a leading provider and generator of global financial and commodities market data. Fenics Market Data is a division within BGC Group, Inc. (Nasdaq: BGC) and the distributor of data for the BGC Group of companies, including but not limited to, BGC, GFI, RP Martin, Freedom, Amerex, Aurel BGC, Sunrise, BGC Liquidez and Perimeter Markets, as well as our flagship Fenics Market Data packages. Data is sourced directly from the global broking operations of BGC Group, Inc, including electronic and voice broking, global pricing systems and analytics, with enhanced coverage through Fenics Market Data proprietary data packages. Fenics Market Data contracts for its services via the BGC Group UK subsidiary Fenics Software Limited.

About BGC Group, Inc.

BGC Group, Inc. (“BGC”) is a leading global brokerage and financial technology company. BGC, through its various affiliates, specializes in the brokerage of a broad range of products, including Fixed Income (Rates and Credit), Foreign Exchange, Equities, Energy and Commodities, Shipping, and Futures. BGC, through its various affiliates, also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through its brands, including Fenics®, FMX™, FMX Futures Exchange™, Fenics Markets Xchange™, Fenics Digital™, Fenics UST™, Fenics FX™, Fenics Repo™, Fenics Direct™, Fenics MID™, Fenics Market Data™, Fenics GO™, Fenics PortfolioMatch™, BGC®, BGC Trader™, kACE2™, and Lucera®, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Group, BGC Partners, BGC Trader, GFI, GFI Ginga, CreditMatch, Fenics, Fenics.com, FMX, Sunrise Brokers, Poten & Partners, RP Martin, kACE2, Capitalab, Swaptioniser, CBID, Caventor, LumeMarkets and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC and/or its affiliates.

BGC’s customers include many of the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC’s Class A common stock trades on the Nasdaq Global Select Market under the ticker symbol “BGC”. BGC is led by Chairman of the Board and Chief Executive Officer Howard W. Lutnick.

For media inquiries please contact:

Michelle Mollineaux,
Director of Marketing and Channel Partnerships
Office: 604-244-1469, ext. 216
Direct: 778-296-4189
Fax: 604-244-1675
Email: michelle.mollineaux@ze.com