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Cantor Fitzgerald's Institutional Equity Sales & Trading Division Adds New Senior Market Maker, Sales Trader.


NEW YORK--(BUSINESS WIRE)--Feb. 4, 1999--Cantor Fitzgerald & Co. today announced two key appointments to its Institutional Equity Sales & Trading Division (ITD ITD Idaho Transportation Department
ITD Information Technology Division (at NRL)
ITD Information Technology Division (MMDS)
itd I Tak Dalej (Polish: And So On) 
). Jim Martello has been named senior NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 market maker and Bojan Kostic has been named senior sales trader.

Mr. Martello joins Cantor Fitzgerald from Bear Stearns where he spent 15 years -- most recently, as co-manager of Bear Stearns' NASDAQ Trading Desk Trading Desk

A desk where transactions for buying and selling securities occur. Trading desks can be found in most organizations (banks, finance companies, etc.) involved in trading investment instruments such as equities, fixed-income securities, futures, commodities and foreign
. He will report to Tim Grazioso gra·zi·o·so  
adv. & adj. Music
In a graceful, smooth manner. Used chiefly as a direction.



[Italian, from Latin gr
, senior vice president and manager of NASDAQ Trading.

Mr. Kostic, a specialist in marketing U.S securities to European accounts -- specifically, customers in Germany and Luxembourg -- will also sell foreign securities to these clients, working with the firm's offices in London, Frankfurt and Luxembourg. Prior to joining Cantor Fitzgerald, he spent five years in institutional equity sales with Troster Singer/Spear Leeds Kellogg. Mr. Kostic will report to Pat Dwyer, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 sales manager; and to Phil Marber, senior managing director and head of equities.

Cantor Fitzgerald provides a broad spectrum of institutional brokerage and execution services to global financial markets. It operates the world's largest electronic marketplace for G-10 sovereign debt, emerging markets, and Eurobonds and is also one of the largest "third market" equity operations in the U.S. In 1998, Cantor Fitzgerald and the New York Board of Trade introduced the Cantor Exchange, the first full-time electronic exchange for the trading of U.S. Treasury futures contracts.

Headquartered in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, Cantor Fitzgerald currently employs more than 2,200 people in offices throughout the U.S., Canada, Europe and Asia, serving the world's largest banks and securities houses.
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 4, 1999
Words:261
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