Cantor Fitzgerald Announces Its Debt Capital Markets Management Team.

Strong Lineup Reflects Strength and Continuing Growth Across Cantor's Debt Capital Markets Business

NEW YORK -- Cantor Fitzgerald & Co. has announced the promotion of Shawn Matthews as Executive Managing Director, heading the firm's Debt Capital Markets group. Underscoring its success and continuing momentum in the marketplace, Cantor further strengthened its global fixed income leadership team with several other key appointments. In addition to Mr. Matthews, the Debt Capital Markets management team includes Jim Bond, Chief Operating Officer; Brian Edmonds, Senior Managing Director, primary dealership; William Lawhorn, Senior Managing Director, agency securities; Scott Moore, Senior Managing Director, mortgage securities; Tom Sapio, Senior Managing Director, repos; and Carmine Urciuoli, Senior Managing Director, credit products.

Howard W. Lutnick, Cantor's Chairman and Chief Executive Officer, said: "The deep experience and strong customer relationships of this exceptional management team have been key factors in our achieving year-over-year growth of more than 70%. Added to the depth and breadth of their knowledge and skills, we have a sales force uniquely capable of meeting our customers' needs and delivering unbiased advice and service in these turbulent markets. We are growing quickly and substantially, with over a dozen fixed income sales/trading veterans joining our Debt Capital Markets group in the past several weeks alone."

"Customer service is our watchword," said Mr. Matthews. "Our unwavering focus on meeting each customer's unique needs and relentlessly building out our distribution model are the keys to our performance and growth. This represents an extremely attractive platform for our customers and our sales/trading team alike." He noted that Cantor is continuing to seek seasoned professionals throughout the Debt Capital Markets group, adding: "We're proud to have earned the distinction as one of the industry's fastest growing trading desks and excited about our prospects for continuing expansion, particularly at such an extraordinary time in the credit markets."

About Cantor Fitzgerald, L.P.

The Debt Capital Markets business of Cantor Fitzgerald & Co. is a world-class dealer across a broad spectrum of fixed income products. Known for its personal commitment to clients and for providing superior liquidity and transaction execution, Cantor Fitzgerald Debt Capital Markets offers services in repo and securities lending, mortgage-backed and asset-backed securities, corporate bonds, interest rate products, agencies, SBA securities and structured products. One of 20 primary dealers in the marketplace, with a fixed income team of more than 200 professionals, Cantor serves over 4,000 customers worldwide.

Cantor Fitzgerald is a leading global financial services firm. The Cantor Fitzgerald franchise includes institutional debt and equity sales and trading, investment banking, private equity, and asset management, as well as other businesses and ventures. For over 60 years, Cantor Fitzgerald, a proven and resilient leader, has been committed to delivering a unique brand of unparalleled product expertise, innovative technology and customer service to its clients around the world.

For more information, please visit www.cantor.com.

Note to Editors: Cantor Fitzgerald, L.P. is the parent company of Cantor Fitzgerald & Co.