Friday, 29 August 2014
Last updated 4 min ago
Aug 27 2012 | 12:06pm ET
Cantor Fitzgerald, which launched a prime brokerage business three years ago, is expanding its suite of services for financial firms.
Cantor is planning Cantor Clearing. The new business will offer clearing services, of course, as well as settlement and technology solutions, the firm said, using SunGard's clearing and settlement solutions system.
Cantor Clearing remains subject to Financial Industry Regulatory Authority approval.
"The formation of Cantor Clearing will complement our comprehensive suite of products and services, and is a natural extension of our growing prime services platform," Noel Kimmel, who leads both Cantor Prime Services and Cantor Clearing, said. "By leveraging existing in-house capabilities, our robust global infrastructure, cross-asset expertise and SunGard's technology, we will provide a comprehensive solution tailored to the needs of middle market clients."
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...