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

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...