name: BGC Group Plans And Pricing
description: |
  Commercial offering surface for BGC Group products across FMX execution venues, Fenics Market Data,
  Lucera trading infrastructure, and Capitalab post-trade optimization. BGC does not publish self-service
  developer pricing; every channel is sales-onboarded with negotiated terms based on counterparty type,
  asset class, volume, and connectivity profile. The plans below are descriptive of the commercial model,
  not a public rate card.
url: https://github.com/api-evangelist/bgc-partners/blob/main/plans/bgc-partners-plans-pricing.yml
specificationVersion: API Commons Plans 0.1
created: '2026-05-23'
modified: '2026-05-23'
provider:
  name: BGC Group, Inc.
  url: https://www.bgcg.com

plans:
  - id: fmx-futures-exchange-membership
    name: FMX Futures Exchange Membership
    audience: Banks, broker-dealers, market makers, prop trading firms
    surface: FMX Futures Exchange
    description: |
      Trading participation on the FMX Futures Exchange, including SOFR and U.S. Treasury futures, with
      access to FIX connectivity, market data, drop copy, and clearing through LCH Limited. Membership and
      transaction economics are negotiated; LCH cross-margining with cleared interest rate swaps is a key
      capital-savings benefit.
    pricingModel: Negotiated execution fees plus member/clearing economics
    contact: https://www.fmxfutures.com/contact/
    publicPriceList: false
  - id: fmx-ust-execution
    name: FMX UST Execution
    audience: U.S. Treasury market dealers, banks and prop trading firms
    surface: FMX UST CLOB
    description: |
      Central limit order book execution in U.S. Treasuries via FIX 4.4 or proprietary BOP/BIMP binary
      feeds, including Drop Copy and STP services. Pricing is per-trade, negotiated by counterparty.
    pricingModel: Per-trade execution fees, negotiated
    contact: https://www.fenicsust.com/contact/
    publicPriceList: false
  - id: fmx-fx-execution
    name: FMX FX Execution
    audience: FX dealers, banks, hedge funds, asset managers
    surface: Fenics FX Spot / Forwards / NDF / Options
    description: |
      Electronic FX execution across spot, forwards, NDFs and options with FIX or ITCH/OUCH integration.
      Commercials are negotiated by relationship and asset coverage.
    pricingModel: Negotiated execution fees
    contact: https://www.fenicsfx.com/contact/
    publicPriceList: false
  - id: fenics-market-data-subscription
    name: Fenics Market Data Subscription
    audience: Buy-side, sell-side, vendors, risk and valuation teams
    surface: Fenics Market Data (FX, Rates, Inflation, Fixed Income, Energy/Commodities, Equity Derivatives)
    description: |
      Subscription access to Fenics market data with packages tailored by asset class, delivery channel
      (Direct Feed/API, Desktop, Excel, Cloud, FTP/SFTP, On-prem Server), frequency (streaming, intra-day,
      end-of-day, historical) and licensed use (internal, display, redistribution). Distributed directly
      and via partners such as LSEG Workspace.
    pricingModel: Per-package subscription with channel, frequency and license-tier modifiers
    contact: https://www.fenicsmd.com/contact-us/
    publicPriceList: false
  - id: lucera-platform
    name: Lucera Platform
    audience: Trading firms, exchanges, brokers
    surface: Lucera Connect, Lucera Compute, LumeMarkets, LumeFX
    description: |
      Software-defined connectivity (Connect), on-demand compute infrastructure, and the LumeMarkets
      single-API cross-asset trading platform spanning FX, Rates, Futures, Crypto and Credit. Pricing
      bundles connectivity, hosting, and API entitlements.
    pricingModel: Bundled platform pricing with venue and capacity components
    contact: https://www.lucera.com/contact/
    publicPriceList: false
  - id: capitalab-optimization
    name: Capitalab Optimization Runs
    audience: Banks and dealers with cleared and bilateral derivatives portfolios
    surface: Capitalab compression and IM optimization service
    description: |
      Periodic, multi-bank initial-margin optimization and compression runs across interest rate, FX,
      inflation and credit derivatives portfolios. Commercials are typically per-run plus annual program
      participation.
    pricingModel: Per-run / annual program fees, negotiated
    contact: https://www.capitalab.com/contact/
    publicPriceList: false

notes:
  - All BGC product surfaces require KYC/AML onboarding, regulatory eligibility checks, and connectivity provisioning before live access.
  - No self-service tier, free tier, or developer sandbox is publicly advertised across BGC, FMX, Fenics, Lucera, or Capitalab.
  - Where third-party platforms (e.g., LSEG Workspace) distribute Fenics data, those carriers' pricing applies on top of Fenics licensing.