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History

We are proud of Cantor Fitzgerald's distinguished history and unwavering commitment to meeting our clients' needs.

Formed in 1945 as an investment bank and brokerage business, Cantor Fitzgerald became known for its innovation in computer-based bond brokerage, the quality and success of its institutional distribution business model, and as the market’s premier dealer of government securities. Today, Cantor is a preeminent capital markets investment bank serving more than 5,000 institutional clients around the world, recognized for its strengths in equity and fixed income capital markets, and for its expanding presence serving the middle market with investment and merchant banking services, prime brokerage, and commercial real estate financing. Capitalizing on the firm’s financial acumen and technology prowess, Cantor’s portfolio of businesses also includes Cantor Commercial Real Estate, Cantor Gaming, Delivery.com, Cantor Index, Cantor Insurance Group,

A snapshot of selected milestones and events provides a window into the Cantor Fitzgerald story:

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1945

Bernie Cantor and John Fitzgerald team up to create bond brokerage firm, Cantor Fitzgerald

Bernie Cantor and John Fitzgerald team up to create bond brokerage firm, Cantor Fitzgerald

1965

Cantor Fitzgerald establishes an Institutional Equities Sales and Trading Division, which offers large block trading to asset managers, pension funds, and portfolio managers.

Cantor Fitzgerald establishes an Institutional Equities Sales and Trading Division, which offers large block trading to asset managers, pension funds, and portfolio managers.

1972

Cantor Fitzgerald purchases controlling interest in Telerate and pioneers “screen brokerage,” introducing the world’s first electronic marketplace for US Government Securities.

Cantor Fitzgerald purchases controlling interest in Telerate and pioneers “screen brokerage,” introducing the world’s first electronic marketplace for US Government Securities.

1983

Cantor Fitzgerald becomes the first firm to offer worldwide screen brokerage services in US Government Securities.

Cantor Fitzgerald becomes the first firm to offer worldwide screen brokerage services in US Government Securities.

1984

Japan office opens brokering Eurobonds

Japan office opens brokering Eurobonds

1991

Howard Lutnick is named CEO & President of Cantor Fitzgerald.

Howard Lutnick is named CEO & President of Cantor Fitzgerald.

1999

The first fully-electronic transaction via the eSpeed platform is executed by a Cantor Fitzgerald client.

The first fully-electronic transaction via the eSpeed platform is executed by a Cantor Fitzgerald client.

2000

Cantor Fitzgerald Investment Banking Group is founded.

Cantor Fitzgerald Investment Banking Group is founded.

2001

Cantor Fitzgerald loses 658 of it's 960 New York based employees in the September 11 World Trade Center attacks.
Cantor Fitzgerald Relief Fund created
Cantor Market Data launches
eSpeed purchases stake in Freedom International Brokerage, Inc., Canada’s leading full-service interdealer broker.

Cantor Fitzgerald loses 658 of it's 960 New York based employees in the September 11 World Trade Center attacks.

Cantor Fitzgerald Relief Fund created

Cantor Market Data launches

eSpeed purchases stake in Freedom International Brokerage, Inc., Canada’s leading full-service interdealer broker.

2002

Cantor Fitzgerald and its affiliates raise over $5 million on their 1st Annual Charity Day from their New York and London offices.

Cantor Fitzgerald and its affiliates raise over $5 million on their 1st Annual Charity Day from their New York and London offices.

2003

Debt Capital Markets launches
Risk Arbitrage and Relative Value Investing added to Sales and Trading offerings
More than $7 million raised on 2nd annual Charity Day

Debt Capital Markets launches

From 2000 to 2003, Cantor expanded and strengthened its Institutional Sales and Trading franchise worldwide through an increased presence in Investment Banking and Portfolio Trading. The firm also launched Debt Capital Markets and added Risk Arbitrage and Market Commentary.

Risk Arbitrage and Relative Value Investing added to Sales and Trading offerings

More than $7 million raised on 2nd annual Charity Day

2004

New global headquarters in midtown Manhattan established
BGC Partners LP formed
More than $6 million raised on 3rd annual Charity Day

New global headquarters in midtown Manhattan established

BGC Partners LP formed

In 2004, Cantor Fitzgerald separated its wholesale voice brokerage business, creating BGC Partners L.P., which was named after brokerage innovator, B. Gerald Cantor. Today, BGC offers a full range of voice brokerage services – price quotes, execution, straight-through-processing, clearing and settlement – to wholesale fixed income, interest rate, foreign exchange and derivative markets worldwide.

More than $6 million raised on 3rd annual Charity Day

2005

First wireless bond trading takes place on Blackberry platform
More than $6 million raised in 4th annual Charity Day
Cantor Market Data launches G3 Vision, the first ever 3-D desktop application of U.S. Treasury Cash and Futures Markets.

First wireless bond trading takes place on Blackberry platform

More than $6 million raised in 4th annual Charity Day

Cantor Market Data launches G3 Vision, the first ever 3-D desktop application of U.S. Treasury Cash and Futures Markets.

2006

Cantor Fitzgerald & Co. added to the US Federal Reserve’s Primary Dealer list.
CastleOak Securities is Founded
More than $6 million raised in 5th annual Charity Day

Cantor Fitzgerald & Co. added to the US Federal Reserve’s Primary Dealer list.

Effective August 1, 2006, Cantor Fitzgerald became the 21st primary dealer trading with the Federal Reserve. Cantor now bids directly in all Treasury bill, note, bond and TIPS auctions, participates in coupon passes, and provides flow and market commentary to the Fed.

CastleOak Securities is Founded

CastleOak Securities, a minority-owned investment bank, is formed to provide sales & trading, capital markets and financial advisory services. Headquartered in New York, with regional offices in Chicago and Atlanta, the firm is managed by a team of seasoned bankers with an average of 15 years experience on Wall Street.

More than $6 million raised in 5th annual Charity Day

2007

eSpeed launches Aqua, a venture that brings new liquidity to the global equities markets.
Cantor Environmental Brokerage and CO2e join forces to become CantorCO2e.
The Leverage Finance Group is created

eSpeed launches Aqua, a venture that brings new liquidity to the global equities markets.

Cantor Environmental Brokerage and CO2e join forces to become CantorCO2e.

The Leverage Finance Group is created

2008

BGC and eSpeed merge, creating BGC Partners, Inc.one of the world’s leading interdealer brokers.
Cantor Exchange is created.

BGC and eSpeed merge, creating BGC Partners, Inc.one of the world’s leading interdealer brokers.

Cantor Exchange is created.

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2009

London's Debt Capital Markets group is established
Prime Brokerage Services is established

London's Debt Capital Markets group is established

Prime Brokerage Services is established

2010

Merchant Banking and Commercial Real Estate Groups are established

Merchant Banking and Commercial Real Estate Groups are established

New York
110 East 59th Street
New York, New York 10022
United States
Tel: +1 212-938-5000