Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
MERKEL STEPHEN M
  2. Issuer Name and Ticker or Trading Symbol
BGC Partners, Inc. [BGCP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, General Counsel and Sec.
(Last)
(First)
(Middle)
C/O BGC PARTNERS, INC., 499 PARK AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
12/17/2007
(Street)

NEW YORK, NY 10022
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock, par value $0.01 per share 12/17/2007   J   1,335 D $ 10.2 75,999 D  
Class A Common Stock, par value $0.01 per share 12/28/2007   J   668 D $ 10.82 75,331 D  
Class A Common Stock, par value $0.01 per share 12/15/2008   J   1,152 D $ 2.94 74,179 D  
Class A Common Stock, par value $0.01 per share 12/15/2009   J   1,356 D $ 4.24 72,823 D  
Class A Common Stock, par value $0.01 per share 08/12/2010   D   53,945 (1) D $ 5.29 18,878 (2) D  
Class A Common Stock, par value $0.01 per share               7,299 (3) I By 401(k) Plan
Class A Common Stock, par value $0.01 per share               2,250 I Owned by the Reporting Person's spouse.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MERKEL STEPHEN M
C/O BGC PARTNERS, INC.
499 PARK AVENUE
NEW YORK, NY 10022
      EVP, General Counsel and Sec.  

Signatures

 Stephen M. Merkel, Executive Vice President, General Counsel and Secretary   08/16/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents shares of Class A Common Stock of BGC Partners, Inc. ("BGCP") distributed by Cantor Fitzgerald, L.P. to the Reporting Person and sold by the Reporting Person to BGCP.
(2) Includes (i) 8,872 shares of BGCP Class A Common Stock held outright by the Reporting Person; (ii) 3,268 shares of BGCP Class A Common Stock underlying BGCP Restricted Stock Units that wil vest on December 15, 2010 and that are subject to tax withholding upon vesting; and (iii) 6,738 shares of BGCP Class A Common Stock that are subject to distribution rights provided by Cantor to the Reporting Person and that have not yet been distributed to the Reporting Person. Of these 6,738 distribution rights shares, 3,369 will be available to the Reporting Person in October 2010, and the remainig 3,369 will be available to the Reporting Person in April 2011.
(3) Between January 1, 2010 and June 30, 2010, the Reporting Person acquired 652 shares of BGCP Class A Common Stock under the BGCP 401(k) plan. The information in this report is based on a plan statement dated as of June 30, 2010.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.