Cantor Fitzgerald

Asset-Backed & Mortgage-Backed Securities

Cantor Fitzgerald is a full service Debt Capital Markets Broker Dealer specializing in sales and trading of Treasuries, agencies, corporates, mortgages, and repurchase agreements.  We have a distribution-based model that focuses on building long-term relationships based on our client’s financing needs, and we strive to create optimal funding solutions for every endeavor we take on.

Cantor has dedicated itself to creating one of the largest repo sales forces in the business, which generated economies of scale that ultimately benefit our clients. Our Repo Desk provides financing against U.S. Treasuries, Agency Debentures, Agency MBS, Agency CMOs and TLG collateral, and it offers a full range of Repo & Security Lending in most USD Fixed Income assets.

Cantor Fitzgerald maintains an active presence in the secondary securitized markets, with an average monthly trading volume of over $36 billion—and that number has been steady since the middle of 2008, through one of the most tumultuous times in the securitized markets.

Our products include the following:

• Agency pass through securities
• Agency and private label fixed rate CMOs
• Agency and private label Arms
• Agency derivatives
• Consumer ABS
• Residential ABS
• Commercial ABS
• Whole loans
• CLOs/CDOs

Average monthly volume by desk:

Agency pass-through    $28.0 billion
CMOs                               $  4.5 billion
Arms                                 $  2.4 billion
ABS                                   $  1.5 billion

Today our main focus has been client facilitation and broad based distribution through an active presence in the market and our use of analytical modeling tools and loan performance resources. We make markets in the liquid sectors, and we assist clients who have identified assets for liquidation in less liquid markets. Our success stems from our great understanding of the markets, our knowledge of the collateral in deals, our ability to model cash flows, and to provide stress runs—which illustrate the bond’s performance in a multitude of interest rate and economic scenarios.