Difference between revisions of "Cantor Fitzgerald"

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It serves more than 5000 institutional clients around the world.  
It serves more than 5000 institutional clients around the world.  


The Cantor Fitzgerald franchise also includes investment banking and real estate private equity. Cantor has also become involved in new marketplaces through CantorCO2e, [[Cantor Gaming]], Cantor Index, Cantor LifeMarkets, Cantor Entertainment, Cantor Real Estate, Cantor Exchange and other ventures.<ref>{{cite web|url=http://www.cantor.com/public/aboutus|name=About Us|org=Cantor Fitzgerald|date=March 10, 2009}}</ref>  
The Cantor Fitzgerald franchise also includes investment banking and real estate private equity. Cantor has also become involved in new marketplaces through CantorCO2e, [[Cantor Gaming]], Cantor Index, Cantor LifeMarkets, Cantor Entertainment, Cantor Real Estate, Cantor Exchange and other ventures.<ref>{{cite web|url=http://www.cantor.com/public/aboutus|name=About Us|org=Cantor Fitzgerald|date=March 10, 2009}}</ref>
 
On August 21, 2012, Cantor Fitzgerald announced a partnership with [[Sungard]] to create Cantor Clearing, a service that will provide  [[clearing]], [[settlement]] and technology solutions for financial services firms utilizing [[Sungard]] Solutions. The clearing service will target middle market clients [[institutional investors]] and asset managers. The service plnas to become operational in the 4th quarter of 2012, subject to [[FINRA]] approval. <ref>{{cite web|url=http://finance.yahoo.com/news/cantor-fitzgerald-launch-cantor-clearing-140000205.html|name=Cantor Fitzgerald to Launch Cantor Clearing|org=Yahoo Finance|date=August 22, 2012}}</ref> <ref>{{cite web|url=http://online.wsj.com/article/BT-CO-20120821-707889.html?mod=WSJ_FinancialServicesAndInsurance_middleHeadlines|name=Cantor Fitzgerald to Expand Clearing Services in Fourth Quarter|org=WSJ.com|date=August 22, 2012}}</ref>


== History ==
== History ==

Revision as of 11:00, 22 August 2012

ProOpticus.jpg

Cantor Fitzgerald, LP
Founded 1945
Headquarters New York City, USA
Key People Chairman/CEO Howard Lutnick
Employees 3,000+
Products financial services
Website www.cantor.com

Cantor Fitzgerald L.P. is a financial services firm specializing in bond trading, as well as investment banking, asset management, market data and brokerage services. Cantor operates trading desks in every major financial center in the world, with 41 offices. It is one of 21 primary dealers who are permitted to trade U.S. government securities directly with the Federal Reserve Bank of New York.

It serves more than 5000 institutional clients around the world.

The Cantor Fitzgerald franchise also includes investment banking and real estate private equity. Cantor has also become involved in new marketplaces through CantorCO2e, Cantor Gaming, Cantor Index, Cantor LifeMarkets, Cantor Entertainment, Cantor Real Estate, Cantor Exchange and other ventures.[1]

On August 21, 2012, Cantor Fitzgerald announced a partnership with Sungard to create Cantor Clearing, a service that will provide clearing, settlement and technology solutions for financial services firms utilizing Sungard Solutions. The clearing service will target middle market clients institutional investors and asset managers. The service plnas to become operational in the 4th quarter of 2012, subject to FINRA approval. [2] [3]

History[edit]

Cantor Fitzgerald was founded in 1945 by Bernard Gerald Cantor and John Fitzgerald as a limited partnership. It began as a voice brokerage for Wall Street's fixed income inter-dealer community.

The September 11, 2001 World Trade Center terrorist attacks claimed the lives of 658 of the company’s 960 New York-based employees. Since then, Cantor has provided more than $180 million to help the families of the firm’s colleagues. Each September 11th, 100 percent of Cantor’s and BGC Partners' global revenues have been donated to worthy causes to commemorate their employees who perished that day.

Products and Services[edit]

The Cantor Exchange[edit]

Cantor Fitzgerald developed the Cantor Futures Exchange (also called the Cantor Exchange) to trade futures on movie box office receipts but abandoned the project after it had received CFTC approval because of an expected government ban on such trading.[4] The leader of that project was Richard Jaycobs, CEO of Cithaeron Partners, a division of Cantor Fitzgerald.

Since 2001, Cantor has owned the Hollywood Stock Exchange, an online fantasy market that allows users to simulate an investment in movies, actors and studios. Trading is limited to "Hollywood dollars" that have no value. [5] On November 25, 2008, Cantor applied to the CFTC for designation of the Cantor Futures Exchange (the Cantor Exchange) as a designated contract market. [6]

The Cantor Exchange plans to launch DBOR Movie Futures, taking the former Hollywood Stock Exchange from a virtual exchange to a real-money exchange. [7]

Cantor Fitzgerald won approval from the Commodity Futures Trading Commission on April 21, 2010 to launch the Cantor Exchange as a contract market for the trading of box office futures; however the CFTC is still deciding whether to approve the contracts themselves for trading.[8]

Debt Capital Markets[edit]

Equity Capital Markets[edit]

Investment Banking[edit]

Asset Management[edit]

Cantor Clearing Services (CCS)[edit]

CantorCO2e[edit]

(Environmental and alternative energy markets worldwide; headquartered in London and San Francisco) [9]

Cantor LifeMarkets[edit]

Founded in 2004, Cantor LifeMarkets involves development of new and innovative methods that bridge the financial and life insurance industries. LexNet, built and operated by Cantor LifeMarkets, is an online marketplace dedicated to trading of life insurance policies, also known as life settlements. The first of its kind, LexNet’s auction model provides transaction privacy protection and full transparency of bids, offers, commissions, fees and documentation. Systems are capable of handling large volumes of trades and are hosted in a secure environment.[10]

Key People[edit]

Howard-lutnick-(van 832896b.jpg Howard Lutnick Chairman and CEO
Dashonly.gif Philip Marber CEO/President
Dashonly.gif Thomas Anzalone EVP/Director, Global Operations
Dashonly.gif Stuart Fraser Vice Chairman
Dashonly.gif Douglas R. Barnard CFO


References[edit]

Registration[edit]


Resources[edit]

www.cantor.com