Cantor Fitzgerald Opens New Office In Singapore

Cantor Fitzgerald announces the opening of a new office in Singapore following the grant of a Capital Markets Services Licence by the Monetary Authority of Singapore to Cantor Fitzgerald (Singapore) Capital Markets Ltd.

SINGAPORE – 7 May 2008 – Cantor Fitzgerald, a leading financial services firm serving the world’s institutional equity and fixed income markets, and one of 20 financial institutions designated by the U.S. Federal Reserve as a primary dealer in the United States, today announced the opening of a new office in Singapore following the grant of a Capital Markets Services Licence by the Monetary Authority of Singapore to Cantor Fitzgerald (Singapore) Capital Markets Ltd.

Based in the heart of Singapore’s financial district, the new office extends Cantor Fitzgerald’s growing presence in Asia, enabling the firm to provide new and existing clients with Pan-Asian execution services in cash equities and equity derivatives markets.

William Selig has been appointed Managing Director at the new office and will initially head up a team of five sales traders focused on the Asia Pacific region. Mr. Selig will report to Jason Boyer, Executive Managing Director of Asian Equities & Global Equity Derivatives.

Cantor Fitzgerald views Singapore as an important centre from which to serve its clients locally and, subject to official approval, will look to further expand its existing product lines within the region as the business develops.  With the addition of Singapore to its global network, Cantor Fitzgerald now has offices in 30 locations around the world.

Commenting on the launch, Mr. Boyer said, “We’re delighted to receive approval from the Monetary Authority of Singapore to offer our clients extraordinary, high-quality local coverage and look forward to aiding and developing the expanding equities market within the region.  By growing and expanding in Singapore, we are well placed to deliver first-class execution services to our clients and to enhance the firm’s franchise in the global capital markets.”

Mr. Selig said, “Participants in the markets are looking for solutions that enable them to focus on reducing expenses and increasing returns.  Our model helps our clients do both by providing better, more cost effective executions.  We look forward to working closely with our existing and future clients to help them achieve their execution goals.”


About Cantor Fitzgerald

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 over 60 years, Cantor Fitzgerald, a proven and resilient leader, has been committed to delivering a unique brand of unparalleled product expertise, innovative technology and customer service to its clients around the world.

For more information, please visit www.cantor.com.

Note to Editors: Cantor Fitzgerald, L.P. is the parent company of Cantor Fitzgerald & Co.

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Annabelle Duncan                          Asia Timo Kindred                                 UK  Robert Hubbell – US 
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