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Cantor Fitzgerald Hires Mason Henderson to Head up Emissions Credit Desk; Houston Operation Continues Rapid Expansion with Additional Key Hire.


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., a leading energy and environmental brokerage and an affiliate of Cantor Fitzgerald, L.P., today announced that Mason Henderson has joined the firm as Manager of its Sulfur Dioxide sulfur dioxide, chemical compound, SO2, a colorless gas with a pungent, suffocating odor. It is readily soluble in cold water, sparingly soluble in hot water, and soluble in alcohol, acetic acid, and sulfuric acid.  (SO2) and Nitrogen Oxide Noun 1. nitrogen oxide - any of several oxides of nitrogen formed by the action of nitric acid on oxidizable materials; present in car exhausts
pollutant - waste matter that contaminates the water or air or soil
 (NOx) allowance and emission credit desk.

Mr. Henderson has over 15 years experience in emissions, energy, metals, and other commodity markets. Reporting 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, Mr. Henderson will run the NOx and SO2 allowance and emission credit desk from Cantor Fitzgerald's expanding office in Houston.

Prior to joining Cantor Fitzgerald, Mr. Henderson was the Senior Real Time Power Trader at Calpine Corporation, where he analyzed and executed physical and financial trades and specialized in arbitrage arbitrage: see foreign exchange.
arbitrage

Business operation involving the purchase of foreign currency, gold, financial securities, or commodities in one market and their almost simultaneous sale in another market, in order to profit from price
 opportunities. Before joining Calpine, Mr. Henderson developed the emissions and emissions Option Brokerage Desk at Amerex Energy. At Amerex, his main focus was building and maintaining relationships in the federal Sulfur Dioxide (SO2) and Nitrogen Oxide (NOx) markets. He also served the Houston/Galveston Area NOx market and various regional Emission Reduction Credit (ERCs) markets.

"We are delighted that Mason has joined us," said Mr. Margolis. "His experience as a broker and a power and commodities trader will clearly aid our clients in the development and execution of a variety of single and cross commodity trading strategies In finance, a trading strategy (see also trading system) is a predefined set of rules to apply.

Usually, this refers to a means used to replicate an option in order to give it an arbitrage free value in the sense that the cost of buying some financial assets to give the same
."

"Heading up Cantor's SO2 and NOx SIP Call desk is a great opportunity for me," said Mr. Henderson. "I am very much looking forward to leveraging my insights and skills, together with Cantor's strong relationships, in order to deliver profitable trading solutions for our clients."

About Cantor Environmental and Energy Brokerage

Cantor Environmental and Energy Brokerage, a division of Cantor Fitzgerald, the 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.
 provider, provides a marketplace where industry, government, and the public can take full advantage of environmental credit and energy trading opportunities. Established in 1992, it 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. . Over the prior 24 years on behalf of thousands of clients Cantor has brokered environmental credits in more than 30 markets valued at more than 2.5 billion dollars. The recent addition of energy brokerage offers clients the opportunity to also transact An earlier e-commerce system for the Web from Open Market that included order capture and secure order fulfillment using credit cards, ecash and other payment systems. It included customer service and subscription administration capabilities as well as an integrated database for reporting  crude oil products, natural gas, power, and related derivatives. Cantor Environmental and Energy Brokerage is active in more than 30 markets. For more information, please visit www.emissionstrading.com.

About Cantor Fitzgerald, L.P.

Cantor Fitzgerald & Co. is a leading financial services provider to the institutional equity and fixed income markets, with products and services including sales and trading, investment banking, asset management, market data, and market commentary. For nearly 60 years, Cantor Fitzgerald, a proven and resilient leader, has been committed to delivering a unique brand of unparalleled trading and distribution services, product expertise, innovative technology and customer service to its clients around the world. This commitment also extends to numerous philanthropic endeavors, including the firm's pledge to donate for five years 25% of the profits it would otherwise distribute to its partners to benefit the families of the employees lost on September 11, 2001. For more information, please visit www.cantor.com .
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 10, 2006
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