Industry Veteran Dean Schultz Joins Cantor Fitzgerald Debt Capital Markets

New York – (October 31, 2007) – Cantor Fitzgerald & Co. has announced the addition of Dean Schultz to its Debt Capital Markets business, further strengthening its fixed income sales and trading team.  Mr. Schultz, who will be working out of Boca Raton, Florida, will report to Larry Haag, Cantor’s Head of Credit Sales. He joins the firm from RBC/Dain, and has also served in fixed income sales and trading positions at Wachovia and Morgan Stanley.  [br][br]In announcing the appointment, Mr. Haag said, “Dean is a highly regarded professional who has built a long list of client relationships based on his knowledge and experience in the fixed income marketplace. He brings to Cantor an extensive background in several areas of specialization including structured credit, corporate credit, derivatives, and mortgage-backed securities. In addition to contributing to the further strengthening of Debt Capital Markets’ business and client relationships, Dean also will assist us in the recruitment of other marketplace professionals.”[br][br]Against the backdrop of the current disturbance in the credit markets, Mr. Haag indicated that Cantor Fitzgerald Debt Capital Markets is continuing to expand, attracting sales and trading professionals as the firm broadens the scope and depth of its fixed income team.  Mr. Haag encourages inquiries from professionals, and can be reached at the firm’s New York offices at 212-829-4870. [br][br]About Cantor Fitzgerald, L.P.[br][br]The Debt Capital Markets business of Cantor Fitzgerald & Co is a world-class dealer across a broad spectrum of fixed income wwwucts.  Known for its personal commitment to clients and state-of-the-art electronic trading platform providing superior liquidity and transaction execution, Cantor Fitzgerald Debt Capital Markets offers services in repo and securities lending, mortgage-backed and asset-backed securities, corporate bonds, interest rate wwwucts, agencies, SBA securities and structured wwwucts. One of 21 primary dealers in the marketplace, with a fixed income team of more than 200 professionals, Cantor serves over 4,000 customers worldwide.[br][br]Cantor Fitzgerald is a leading global financial services firm.  The Cantor Fitzgerald franchise includes institutional debt and equity sales and trading, investment banking, private equity, and asset management, as well as other businesses and ventures.  For nearly 60 years, Cantor Fitzgerald, a proven and resilient leader, has been committed to delivering a unique brand of unparalleled wwwuct expertise, innovative technology and customer service to its clients around the world. [br][br]For more information, please visit aws-dev1.cantor.com. [br][br]Note to Editors: Cantor Fitzgerald, L.P. is the parent company of Cantor Fitzgerald & Co.[br][br]Contacts[br]Nneoma Njoku      [br]Cantor Fitzgerald     [br]212-610-2297      [br]nnjoku@cantor.com    [br][br]Robert Hubbell[br]Cantor Fitzgerald[br]212-294-7820[br]rhubbell@cantor.com