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Exhibit 25.3

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM T-1

STATEMENT OF ELIGIBILITY

UNDER THE TRUST INDENTURE ACT OF 1939 OF A

CORPORATION DESIGNATED TO ACT AS TRUSTEE

o CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A

TRUSTEE PURSUANT TO SECTION 305(b)(2)

ARGENT INSTITUTIONAL TRUST COMPANY

(Exact name of trustee as specified in its charter)

Corporation duly organized and existing under the laws of the State of Florida		56-2075834
(Jurisdiction of incorporation of organization if not a U.S. national bank)		(I.R.S. Employer Identification Number)

1715 North Westshore Blvd., Suite 750, Tampa, FL		33607
(Address of principal executive offices)		(Zip Code)

Dennis Gillespie

Argent Institutional Trust Company

1715 North Westshore Blvd, Suite 750

Tampa, FL

800-580-2933

(Name, address and telephone number of agent for service)

BGC Group, Inc.

(Exact name of obligor as specified in its charter)

Delaware

86-3748217

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification Number)

499 Park Avenue

New York, New York

10022

(Address of principal executive offices)

(Zip Code)

DEBT SECURITIES

(Title of the indenture securities)

Item 1.

General Information. Furnish the following information as to the trustee:

(a)

Name and address of each examining or supervising authority to which it is subject.

Florida Office of Financial Regulation
200 E. Gaines Street

Tallahassee, FL 32399

(b)

Whether it is authorized to exercise corporate trust powers.

The trustee is authorized to exercise corporate trust powers.

Item 2.

Affiliations with the obligor. If the obligor is an affiliate of the trustee, describe such affiliation.

None.

Items 3-15.

Items 3-15 are not applicable because, to the best of the trustee’s knowledge, the obligor is not in default under any Indenture for which the trustee acts as trustee.

Item 16.

List of exhibits. List below all exhibits filed as a part of this statement of eligibility.

1. A copy of the articles of association of the trustee as now in effect.

2. A copy of the certificate of authority of the trustee to commence business.

3. A copy of the authorization of the trustee to exercise corporate trust powers. (See also exhibits 1 and 2).

4. A copy of the existing bylaws of the trustee, as now in effect.

5. Not Applicable.

6. The consent of the Trustee required by Section 321(b) of the Act.

7. A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.

8. Not Applicable.

9. Not Applicable.

[Signature Pages and Exhibits Follow]

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, the trustee, ARGENT INSTITUTIONAL TRUST COMPANY, a corporation duly organized and existing under the laws of the State of Florida, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Grand Rapids, and State of Michigan, on the 3rd day of November, 2025.

ARGENT INSTITUTIONAL TRUST COMPANY

By:	/s/ Patrick O’Donnell
	Name:	Patrick O’Donnell
	Title:	Director

EXHIBIT 2

CERTIFICATE OF AUTHORITY

EXHIBIT 3

CERTIFICATE OF CORPORATE TRUST POWERS

EXHIBIT 4

BYLAWS OF THE TRUSTEE

EXHIBIT 6

CONSENT OF THE TRUSTEE

Pursuant to the requirements of Section 321(b) of the Trust Indenture Act of 1939, and in connection with the proposed issue of debt securities, Argent Institutional Trust Company hereby consents that reports of examinations by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon request therefore.

	ARGENT INSTITUTIONAL TRUST COMPANY

	By:	/s/ Patrick O’Donnell
		Name: Patrick O’Donnell Title: Director
Grand Rapids, Michigan November 3, 2025

EXHIBIT 7

CONSOLIDATED REPORT OF CONDITION OF
ARGENT FINANCIAL GROUP AND ITS SUBSIDIARIES
(INCLUDING ARGENT INSTITUTIONAL TRUST COMPANY)

As of December 31, 2024