Cantor Fitzgerald Strengthens Equities Trading Execution Capabilities.Edward Laux and William Clark Are Promoted, and Industry Veteran Michael Ferry Joins Equity Capital Markets 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. & Co. today announced that it is strengthening its equities trading business with the appointment of Edward Laux, currently Head of Listed Trading, to the new role as Head of Trading in the U.S. In addition, William Clark, senior OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). trader, along with Michael Ferry, who is joining Cantor, have been named to the new positions of Co-heads of OTC Trading. Tony Manzo, who has served as Managing Director of OTC Trading, is retiring from that position, and will continue to serve Cantor's equities trading team in a consulting role. In announcing the appointments, Philip Marber, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cantor Fitzgerald Equity Capital Markets, said, "Ed Laux's deep knowledge of the marketplace and unwavering commitment to outstanding service and execution, combined with his leadership strengths, make him an ideal choice to take on his new role as Head of Trading in the U.S. We look forward to Ed's further contributions in meeting our clients' needs and driving the growth of our business." Mr. Marber added, "We are indebted in·debt·ed adj. Morally, socially, or legally obligated to another; beholden. [Middle English endetted, from Old French endette, past participle of endetter, to oblige to Tony for his deep commitment, passion and vigor in growing our business over the past six years. His work in re-building the OTC Desk after 9/11 is a testament to his dedication and skill." "As we marshal our resources in new ways to create greater efficiencies in serving our clients," Mr. Marber said, "Billy Clark Billy Clark (born 1967-05-19) is a former professional footballer, and is a youth team coach with the Bristol Rovers. Clark was born in Christchurch, Dorset on the south coast of England and began his footballing career as a trainee with A.F.C. Bournemouth. will leverage his proven trading skills in the new role as Co-head of OTC Trading. In Billy's six years with Cantor, he's demonstrated time and again the ability to help clients achieve their strategic objectives. Adding further to our team, we're also delighted to welcome Michael Ferry to Cantor as Co-head of OTC Trading. Mike brings a strong record of outstanding client service and exceptional effectiveness in trading execution." About Cantor Fitzgerald, L.P. The Equity Capital Markets business of Cantor Fitzgerald & Co., a leading global 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. firm, is one of the world's largest third-market brokers. Known for efficiency and effectiveness of execution and cross-ratios, Cantor Fitzgerald Equity Capital Markets offers clients trading services in exchange-traded and over-the-counter cash equities, equity and index options, convertible and structured products, and risk arbitrage The purchase of stock in a corporation that appears to be the target of an imminent takeover in the hope of making large profits if the takeover occurs. Risk arbitrage is practiced by investors called risk arbitrageurs. , program trading program trading, a form of securities trading, also known as index arbitrage. Program traders exploit the price discrepancies between indexes of stocks and futures contracts by using sophisticated computer models to hedge positions. , and stock lending services. Combined with Cantor's broad distribution network and global trading platform, our U.S. equity research adds value and visibility to small and mid-cap companies in key sectors of the economy. The Cantor Fitzgerald franchise includes institutional equity and fixed income sales and trading, investment banking, private equity, and asset management, as well as other businesses and ventures. For nearly 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. |
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