Cantor Prime Brokerage Adds Securities Lending Duo

Apr 21 2011 | 9:46am ET

Cantor Fitzgerald has hired the co-founders of securities lending firm Hedge Source to add the service to its own menu of offerings.

Allen Wolkow and Janah Angelou will lead Cantor Prime Services Group's securities lending effort, the firm said. Before setting up Hedge Source, both worked at Ramius Capital Group, where Wolkow set up the securities lending department.

"Allen and Janah have a proven track record and have both built and managed securities lending businesses during their respective careers that were widely recognized within the industry for outstanding execution and exceptional client service," Noel Kimmel, Cantor's head of prime services. "Their experience and breadth of relationships in this marketplace, combined with Cantor’s financial strength, are tremendous assets as we continue to expand the capabilities we offer Prime Services’ clients."


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.