Wednesday, 1 October 2014
Last updated 7 hours 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."
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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