Mr. Benfield, who will be based in the Company's Asia Pacific region, will have global responsibility for BGC Market Data and will report to Shaun Lynn, President of BGC Partners. Mr. Benfield is taking over from Bernie Weinstein, who will continue to oversee Kleos, BGC's technology infrastructure and system operations hosting service, and will also be responsible for the Company's Intellectual Property business.
Shaun Lynn, President of BGC Partners commented: "Mark brings a wealth of experience and leadership as a leading professional in the financial information arena. His appointment underscores BGC Market Data's commitment to meeting the specific needs of each customer for world-class, real-time trading data and analytics as the marketplace continues to evolve with new financial products and expanding trading volumes."
Mr. Lynn added: "I would like to thank Bernie for his contributions and look forward to his ongoing success in his new role."
Mr. Benfield said: "As the global market expands, the need for the provision of accurate pricing and data inventories increases. I am looking forward to working with the professionals in our global offices and BGC's e-Commerce team to ensure that we are maximising our overall data inventories so that BGC can best serve our valued clients and the wider financial marketplace."
Mr. Benfield joins BGC from ICAP plc where he was Regional Managing Director for ICAP Information Services in the Asia Pacific region. He was responsible for building ICAP's information franchise in Asia Pacific and managing global strategic marketing for the ICAP Information Services Group.