Cantor Fitzgerald Continues to Expand Prime Services Group
NEW YORK, June 18, 2014 /PRNewswire/ -- Cantor Fitzgerald, a leading global services financial firm, has further strengthened its Prime Services business with the additions of Paul Mandile, David Sklar and Robert Marietta. Mr. Mandile will serve as Managing Director of Outsourced Trading, Mr. Sklar will serve as Senior Vice President focused on electronic trading sales and Mr. Marietta will serve as Director in the firm's award-winning client service team.
"The expansion of our Prime Services business has been a key focus for us. Hiring seasoned professionals like Paul, David and Robert, with deep market knowledge and extensive relationships, underscores our dedication to providing top notch client service and expanding our market franchise," said Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co. "We are deeply committed to exceeding our clients' expectations and building a comprehensive multi-asset class Prime Services platform that leverages our outstanding clearing, financing and execution capabilities."
"We are thrilled to welcome these experienced professionals to the Prime Services team," added Noel Kimmel, Global Head of Prime Services and Chief Executive Officer of Cantor Clearing. "We believe their extensive experience, relationships and knowledge of the hedge fund industry will make a significant contribution to the team."
Mr. Mandile previously served as Senior Vice President at Cuttone & Company, where he provided trading and portfolio management services to the firm's prime brokerage clients. He also held senior positions at ABN AMRO and UBS. Mr. Mandile holds a B.S. in Business and Finance from Fordham University.
Mr. Sklar most recently served as Senior Vice President in the Prime Brokerage and Electronic Trading division at Cuttone & Company, where he oversaw the Mini Prime and electronic trading business. Mr. Sklar received his B.A. in Government from Hamilton College.
Mr. Marietta recently served as Vice President at TradeStation Prime Services, focused on relationship management and sales. Earlier, he was a Director of Prime Brokerage Client Services at UBS. Mr. Marietta holds a B.A. in Communications from Fordham University.
About Cantor Fitzgerald
Cantor Fitzgerald, a leading global financial services group at the forefront of financial and technological innovation has been a proven and resilient leader for over 65 years. Cantor is a preeminent investment bank serving more than 7,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, prime brokerage, and commercial real estate finance and for its global distribution platform. Cantor Fitzgerald & Co. is one of 22 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 35 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., led by Chairman and Chief Executive Officer Howard W. Lutnick, is the parent entity of Cantor Fitzgerald & Co., led by Chief Executive Officer Shawn P. Matthews.
SOURCE Cantor Fitzgerald