NEW YORK and DUBLIN, June 7, 2013 /PRNewswire/ -- Cantor Fitzgerald, a leading financial services firm, today announced that the National Treasury Management Agency (NTMA), which is responsible for the management of Ireland's national debt, has recognised Cantor Fitzgerald Ireland Limited as a Primary Dealer in Irish Government bonds, effective immediately. This recognition further strengthens the broad range of products and services offered by Cantor to its clients globally. A primary dealer in the U.S. since 2006, Cantor now adds Irish primary dealership to its market leading U.S. Treasury Bond business.
"We are delighted to partner with the NTMA and the Irish Stock Exchange as a Primary Dealer in Irish Government bonds and look forward to making a strong contribution to their global distribution," said Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co. and Chairman of Cantor Fitzgerald Ireland Limited. "Achieving recognition as a Primary Dealer demonstrates our commitment to the Irish marketplace and the region, and to providing domestic liquidity to our clients. This is a natural step in the continued growth of Cantor's franchise in the fixed income market, and in the continuing strengthening and expansion of our overall distribution platform to service clients globally."
"Our fixed income clients have been impressed with the great strides made by the Irish Government both in restructuring the country's finances and returning to the debt capital markets," said Ronan Reid, Chief Executive Officer of Cantor Fitzgerald Ireland Limited. "Cantor is an active participant in the Irish Government bond market and recognizes the market's potential, which offers excellent diversification opportunities for clients."
A full-service sales and trading, research and advisory business, Cantor Fitzgerald Ireland Limited provides institutional, corporate and retail clients in Ireland with access to the firm's global distribution platform and breadth of financial products. Cantor Fitzgerald Ireland offers clients institutional bond and equity market trading and dealing, investment banking services, retail stock broking, currency broking, sale of structured products, and pension services, as well as management and advisory services.
About Cantor Fitzgerald
Cantor Fitzgerald, a leading global financial services firm at the forefront of financial and technological innovation has been a proven and resilient leader for over 65 years. Cantor is a preeminent capital markets investment bank serving more than 5,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking services, prime brokerage, and commercial real estate financing. Cantor Fitzgerald also is a leader in new businesses and marketplaces including gaming technology, e-commerce, insurance and other ventures.
Cantor Fitzgerald & Co. is one of 21 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York. Cantor Fitzgerald's 1,600 employees serve clients through over 30 locations, including major financial centers around the world in the Americas, Europe, Asia/Pacific, and the Middle East. For more information please visit www.cantor.com.
Note to Editors: Cantor Fitzgerald, L.P. is the parent entity of Cantor Fitzgerald Ireland and Cantor Fitzgerald & Co.
SOURCE Cantor Fitzgerald