Cantor Fitzgerald Prime Brokerage Expands Team and Services

Author

Reads 1.3K

3D illustration of a credit card, coins, and dollar sign on a purple background. Ideal for finance themes.
Credit: pexels.com, 3D illustration of a credit card, coins, and dollar sign on a purple background. Ideal for finance themes.

Cantor Fitzgerald Prime Brokerage has been expanding its team and services to meet the growing needs of its clients. They've added experienced professionals to their team, bringing in fresh perspectives and expertise to enhance their services.

The expansion is a strategic move to stay competitive in the market and provide more comprehensive solutions to their clients. This includes the addition of new services to their prime brokerage platform, which will enable clients to access a wider range of financial products and tools.

By expanding their team and services, Cantor Fitzgerald Prime Brokerage is positioning itself for continued growth and success in the financial industry.

Cantor Fitzgerald Appointments

Cantor Fitzgerald has made a significant move in expanding its prime brokerage platform. Jon Yalmokas has been appointed as the Global Head of Prime Brokerage.

Yalmokas will play a key role in spearheading Cantor Fitzgerald's product suite and prime brokerage platform.

On a similar theme: Mortgage Broker Platform

Company Developments

Cantor Fitzgerald has made significant strides in expanding its prime brokerage services.

Credit: youtube.com, Kimmel Discusses Cantor's Prime-Brokerage Services: Video

The company has established a global presence with offices in key financial hubs such as New York, London, and Hong Kong.

This strategic expansion has enabled Cantor Fitzgerald to cater to a broader range of clients and provide more comprehensive services.

Cantor Fitzgerald's prime brokerage services are designed to meet the unique needs of hedge funds and other institutional clients.

The company offers a range of specialized products and solutions, including securities lending, custody, and execution services.

Fxpa Strengthens Membership

In 2016, FXPA continued to expand its membership, adding Cantor Fitzgerald as a Supporting Member.

This was FXPA's third addition in just two months, showing a clear trend of growth and development.

By welcoming new members, FXPA is strengthening its network and improving its services.

Here are the details of the new addition:

  • Cantor Fitzgerald joined as a Supporting Member
  • This was FXPA's third addition in two months

Hiring Spree Continues, Team Expands

Cantor Fitzgerald is on the move with a hiring spree that shows no signs of slowing down. David Chiaverini and Bryan Brokmeier have joined the Equity Research Team, focusing on a diverse range of sectors and business.

These new additions will likely bring fresh perspectives and expertise to the team, helping to drive Cantor Fitzgerald's continued growth and success.

Leadership Roles

Credit: youtube.com, Synthetic Prime Brokerage - Lynden Howie, Cantor Fitzgerald Europe

Cantor Fitzgerald's Prime Brokerage offers a range of leadership roles that support its clients' growth.

The firm's leadership team is comprised of experienced professionals who have a deep understanding of the financial markets.

Cantor Fitzgerald's leadership roles are designed to provide clients with tailored support and guidance.

The firm's professionals have expertise in areas such as trading, risk management, and portfolio analysis.

Their knowledge and experience enable them to provide clients with informed advice and effective solutions.

Cantor Fitzgerald Names Global Head

Cantor Fitzgerald has recently made some significant moves in its leadership roles, and I'd like to highlight one of them.

Jon Yalmokas has been appointed as the Global Head of Prime Brokerage at Cantor Fitzgerald. He will help spearhead the company's product suite and prime brokerage platform.

This is a key position within the company, and Yalmokas' expertise will likely have a significant impact on the development of Cantor Fitzgerald's services.

In addition to Yalmokas' appointment, Anshu Jain has also joined Cantor Fitzgerald as President. Jain will help oversee the expansion of fixed-income and equities trading along with prime brokerage services.

Contemporary buildings with glass walls located on street in financial district on embankment near calm Thames river in modern city
Credit: pexels.com, Contemporary buildings with glass walls located on street in financial district on embankment near calm Thames river in modern city

Both Yalmokas and Jain bring valuable experience to their new roles, and it will be interesting to see how they contribute to the growth and development of Cantor Fitzgerald.

Here's a brief summary of the key roles and responsibilities of Yalmokas and Jain:

Vice President, Treasury

The Vice President, Treasury role is a high-level position that requires a strong background in finance and corporate treasury. This role is responsible for overseeing the treasury function across Cantor Fitzgerald's businesses globally, including BGC Partners and Newmark Knight Frank.

To be successful in this role, you'll need to have at least 6 years of experience in corporate treasury within the capital markets space. A bachelor's degree in finance, accounting, or business management is also required.

Key responsibilities of the Vice President, Treasury include overseeing and executing new strategies to improve Prime Brokerage treasury processes and controls. This involves providing network management support, including negotiating legal documentation and implementing centralized cash management systems.

Credit: youtube.com, Career advice on becoming an Assistant Vice President, Treasury

Some of the specific skills required for this role include advanced analytical and Excel capabilities, project management skills, and the ability to multitask. You'll also need to be a self-starter with a drive to improve the status quo, and have critical thinking, attention to detail, and communication skills.

The expected salary range for this position is $165,000 to $175,000 per year, plus a competitive benefits package. Additional types of compensation, such as discretionary bonuses and long-term incentives, may also be available.

Here are some of the specific tasks and responsibilities of the Vice President, Treasury:

  • Oversee and execute new strategies to improve Prime Brokerage treasury processes and controls
  • Provide network management support, including negotiating legal documentation and implementing centralized cash management systems
  • Support liquidity metrics production and management, rating agency capital metrics analysis, and secured financing
  • Produce and distribute intraday funding snapshots and end of day cash and collateral reporting
  • Support 15c3-3 deposit requirements and monitor and manage the firm's Contingency Funding Plan

Note that this is a demanding role that requires a high level of expertise and experience in corporate treasury and finance.

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.