Cantor Fitzgerald Continues Expansion of Emissions and Gas Brokerage; Cory Eckhardt Joins Cantor Fitzgerald.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 -- Cantor Fitzgerald Cantor Fitzgerald L.P. is a global financial services firm specializing in bond trading, as well as investment banking, asset management, market data and brokerage services. Brokerage L.P., an affiliate of Cantor Fitzgerald, L.P., and a leading environmental brokerage, today announced that it has hired Cory Eckhardt as a NOx and SO2 emissions broker to support its emissions and natural gas business. Mr. Eckhardt, with seven years of experience working with institutional clients, will report to Josh Margolis, Managing Director of Cantor Fitzgerald's Energy and Environmental Services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric, Group. Prior to joining Cantor Fitzgerald, Mr. Eckhardt worked for Advest, Inc., where he brokered and consulted energy derivative Also known as energy trade, oil trade, gas trade, power trade. Major players include: Mitsui & Co. Energy Risk Management, major trading houses, oil companies, utilities, financial institutions. strategies to corporations. His ability to analyze the energy markets has allowed him to effectively advise multi-billion dollar institutions to trade and hedge energy commodities. Before Advest, Inc., Mr. Eckhardt was at Fidelity Investments Fidelity Investments is a group of privately held companies in the financial services industry. It is made up by two independent but closely cooperating companies, Fidelity Management and Research Corporation (FMR Co. where he cultivated new business and generated over $1 billion in new assets. At Cantor, Mr. Eckhardt will be responsible for brokering NOx and SO2 emission allowances and emission reduction credits, as well as natural gas and derivative products. He will support Lauren Kisling, manager of Cantor's eastern NOx and SO2 desk and Haroon Imtiaz, Vice President of Cantor's Energy and Environmental Services Group. "We are pleased that Cory has decided to join Cantor Fitzgerald," said Josh Margolis, Managing Director of Cantor Fitzgerald's Energy and Environmental Services Group. "His extensive experience in brokering energy products and his ability to support our emissions desk will add tremendous value to our core utility and large industrial client base." "This is an exceptional opportunity and I look forward to making an immediate difference for Cantor and its clients," said Mr. Eckhardt. "I am very focused on identifying and assisting our clients to take full advantage of the synergies between the natural gas and emissions markets." About Cantor Fitzgerald Brokerage Cantor Fitzgerald Brokerage, L.P. is an affiliate of Cantor Fitzgerald, L.P., a leading financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. institution that offers clients an array of financial products and services in the power, environmental, equity and fixed income capital markets and corporate finance. Established in 1992, Cantor Environmental Brokerage is the oldest environmental brokerage in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . It has brokered billions in environmental credits through five regional offices, and is staffed with professionals with more than sixty years of emissions trading Emissions trading (or cap and trade) is an administrative approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants. experience. Cantor Environmental Brokerage is active in more than 30 markets. For more information, please visit www.cantor.com and www.emissionstrading.com. |
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