Cantor Fitzgerald Undertakes Aggressive Expansion of Energy Services Practice; Haroon Imtiaz Joins Cantor Fitzgerald to Lead Energy Services Group.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. , L.P., 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. provider to the institutional equity and fixed income markets, today announced that it has hired Haroon Imtiaz as Vice President to set up its Energy Services Group. Mr. Imtiaz, with 10 years of energy sector experience, 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. Imtiaz was at Sempra Energy Sempra Energy NYSE: SRE is a San Diego, California-based energy services holding company that was founded in 1998. Sempra owns the Southern California Gas Company, San Diego Gas & Electric, Sempra Commodities, and Sempra Generation. Solutions where he served as head of the Commodity Structuring Group which he formed in 2001 to evaluate, structure, and price Power and Natural Gas transactions. His group played a pivotal role in Sempra Energy Solutions' success in the commodity business and he was presented with the Chairman's award for his contribution in 2003. Before Sempra, Mr. Imtiaz was at TXU TXU Texas Utilities (Electric and Gas Company) TXU Transmitter Unit where he founded a group responsible for focusing on wholesale structured transactions and the valuation of TXU's generation portfolio, pipelines and storage assets. At Cantor, Mr. Imtiaz will be responsible for developing the energy infrastructure, staffing and sales effort across the country. The group will cover Natural Gas, Power, Refined Fuel Products and Coal markets and will provide a wide array of services including brokerage, structured & risk management products and fee based advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal . "We are excited about entering the energy markets and pleased that Haroon has decided to spearhead this effort at Cantor Fitzgerald," said Josh Margolis, Managing Director of Cantor Fitzgerald's Energy and Environmental Services Group. "For more than 13 years Cantor Fitzgerald has provided energy sector clients with emissions and environmental brokerage services. Now we are providing integrated energy and environmental coverage in multiple energy commodities and offering both financial and physical trading and hedging capabilities to our customers. Based on our relationships and Cantor's market leading distribution capabilities we will serve a wide variety of clients including financial institutions, hedge funds hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" , industrials, corporations, municipalities, utilities, and independent power producers." "I am thrilled to join Cantor Fitzgerald and look forward to leading and building Cantor's efforts within the energy services sector" said Mr. Imtiaz. "Cantor's leading brand and its commitment to building a platform to serve its energy sector clients, coupled with the current energy environment, and the signing of the multi-billion dollar energy bill makes it a compelling opportunity for Cantor and, most certainly, our clients." Mr. Imtiaz joins other energy sector seasoned veterans at Cantor Fitzgerald including Bill Ross, Director of Cantor Fitzgerald Brokerage, L.P.'s Structured Power Transaction Group, and Brent Lewis, Managing Director of Cantor's Investment Banking Group. About Cantor Fitzgerald Cantor Fitzgerald, L.P. 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 See resiliency. 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 phil·an·throp·ic also phil·an·throp·i·cal adj. 1. Of, relating to, or marked by philanthropy; humanitarian. 2. Organized to provide humanitarian or charitable assistance: endeavors, including the firm's pledge to donate 25% of the profits it would otherwise distribute to its partners through 2006 to benefit the families of the employees lost on September 11, 2001. For more information, please visit www.cantor.com. |
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