Cantor Fitzgerald Launches Web-Site for Institutional Investors Providing Popular Morning News Research Bulletin.NEW YORK--(BUSINESS WIRE)--March 18, 1997--Cantor Fitzgerald's Institutional Equity Sales and 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) ) today released its proprietary "Morning News" research bulletin on the World Wide Web, enabling clients to receive the critical market-impacting information anywhere, at any time. The site address is www.mornnews.com. "Morning News" has traditionally been delivered by fax before 8 a.m. EST EST electroshock therapy. EST abbr. electroshock therapy each day to approximately 1,000 institutional and corporate clients 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. . "Delivery via the World Wide Web will also provide customer on demand access to Morning News Archives," noted Steve McMenamin, "Morning News" publisher. "Additionally, in the near future, the site will carry proprietary material derived from institutional conferences and events as well as links to other institutional research sites. "Our goal is to help streamline access to the wealth of information available on the web for our clients," Steve Montano, who edits the service, added. "`Morning News,'in its hard copy form, has built a loyal readership because it captures the essence of what is important to institutions every morning. We recognize that our clients are overwhelmed o·ver·whelm tr.v. o·ver·whelmed, o·ver·whelm·ing, o·ver·whelms 1. To surge over and submerge; engulf: waves overwhelming the rocky shoreline. 2. a. with information so we cut through the noise and deliver only what impacts the markets." ITD recently captured the number one ranking for listed equities trading in the Plexus Plexus - A modular World-Wide Web server written in Perl by Tony Sanders <sanders@earth.com>. Comes with interfaces to allow many other information services to be served via the Web. Version 3.0m 1994-07-22. Group's BrokerEDGE survey of institutional trading firms. Plexus Group derives its ranking from detailed analysis of over 1 million institutional trades in the fourth quarter of 1996. The study considers market impact, opportunity-cost, and quality of execution. ITD is a division of Cantor Fitzgerald & Co., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Cantor Fitzgerald, L.P. Cantor Fitzgerald L.P. provides a broad spectrum of institutional brokerage and execution services to the global financial markets. Cantor Fitzgerald is the world's largest broker of U.S. Government securities, Eurobonds and sovereign debt and one of the largest equity third market firms in the U.S. The firm also actively brokers mortgage-backed, municipal and corporate fixed income securities as well as emerging markets and futures. 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 L.P. currently employs over 2,200 people in offices throughout the U.S., Europe, and Asia. CONTACT: Cantor Fitzgerald, L.P. Debra Walton-Collings, 212/938-7235 |
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