BGC Compute Infrastructure Markets is the new division BGC Group launched to target the secondary market for compute and memory capacity.
The company said the unit will operate within its Energy, Commodities and Shipping business. It will first target the over-the-counter market. Meanwhile, Marc Kuber and Zach Espinosa will co-lead the division and manage dedicated brokerage support for clients in this market.
BGC Group said the new business aims to bring institutional-grade market structure to a fast-growing segment. The firm added that it plans to offer price transparency, real-time risk management, and more efficient trade execution. As a result, the company is positioning the unit around rising demand tied to global AI adoption.
BGC Compute Infrastructure Markets Focus
BGC Group said compute and memory capacity have become more important as AI use expands. Therefore, the firm is building BGC Compute Infrastructure Markets around those assets. The company also said clients will be able to use other parts of the BGC Group network.
That access includes Fenics Market Data and Lucera, the firm’s connectivity platform. BGC said those services should help support a more transparent and efficient market for AI infrastructure. Additionally, the company linked the new division to its broader brokerage and market data capabilities.
Executives Outline the New Market
John Abularrage, Co-Chief Executive Officer of BGC Group, said compute and memory capacity share traits with commodity markets. He pointed to supply and demand swings and forward price risk. Because of that, he said BGC has relevant experience for this market through its energy brokerage business.
Abularrage said BGC can help clients with execution and liquidity as AI demand grows.
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