Cantor Expands Prime Brokerage Offerings

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."


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Opportunities Ahead: Asian Fixed Income and Currency Markets

Apr 24 2015 | 6:18am ET

For hedge funds focusing on Asia, the policy uncertainty, unclear interest rate...

 

Editor's Note