Industry Veteran, John Baldo, Joins Cantor Fitzgerald’s Debt Capital Markets Team

New York – January 13, 2009 – Cantor Fitzgerald & Co. announced today that John Baldo has joined its Debt Capital Markets team as Senior Managing Director and Head of National Fixed Income Sales.  He will be responsible for further building on the firm’s rapidly growing primary dealership platform.  Mr. Baldo will report to Shawn Matthews, Executive Managing Director and Head of Debt Capital Markets. [br][br]Mr. Baldo joins Cantor from UBS where he was Managing Director and Head of U.S. Structured Products Distribution.  Earlier, Mr. Baldo held several sales management positions, including Head of Rates Sales and MBS/ABS Sales.  He also was formerly with Paine Webber and Merrill Lynch.  Mr. Baldo received his undergraduate degree from Pace University and has a total of 24 years of industry experience.[br][br]“Adding a high caliber professional like John with his extensive industry knowledge and expertise in the marketplace further illustrates our commitment to being a client focused firm,” said Shawn Matthews.  “Providing exceptional customer service by focusing on each client’s unique needs is our goal. John’s history of building top distribution teams will fit perfectly with our goals for build out,” concluded Mr. Matthews.[br][br]Cantor’s Debt Capital Markets group added nearly a hundred sales and trading professionals over the past year, and continues to grow its fixed income business.  Mr. Matthews encourages inquiries from professionals and recommends you call John at 212-829-4910. [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 for excellence in providing 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 17 primary dealers in the marketplace, with a fixed income team of approximately 250 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]Melanie Gordon-Felsman[br]Cantor Fitzgerald[br](212) 610 2314[br]mgordon@cantor.com