Cantor Fitzgerald Continues Expansion of its FX Sales and Trading Team

NEW YORK, Aug. 18, 2014 /PRNewswire/ -- Cantor Fitzgerald, a leading global financial services firm, today announced the continued expansion of its Foreign Exchange (FX) Sales and Trading group with the appointment of Joseph Pinto as Senior Managing Director and Stephan McElreath as Vice President.  Mr. Pinto and Mr. McElreath will be responsible for building out Cantor's global FX trading business, and increasing the firm's market making capabilities.  Both will report to James Reilly, Senior Managing Director and Global Head of Foreign Exchange Sales and Trading.

"We welcome the breadth of expertise and well-established relationships these highly respected individuals bring to the Cantor team," said Shawn Matthews, Chief Executive Officer, Cantor Fitzgerald & Co. "Their appointments reinforce our longstanding commitment to providing clients with unparalleled industry knowledge and excellence in execution.    We are uniquely positioned to capture further market share as we continue to strengthen our FX electronic trading platform and attract talent to our world-class distribution network."

"Joe and Stephan's extensive experience in FX strategy and execution will play a significant role in driving our business expansion and developing a deeper client footprint," added Mr. Reilly.  "We look forward to leveraging their knowledge and innovative ideas to advance our FX growth plans."

Mr. Pinto recently served as Head of Americas Electronic FX Sales at Goldman Sachs.  Previously, he held roles in electronic FX for Bank of America and Barclays Capital.  Mr. Pinto holds a B.A. in Financial Management from Quinnipiac University.

Mr. McElreath recently served as Vice President of FX Sales at Goldman Sachs.  Mr. McElreath holds a degree in Biomedical Engineering from Bucknell 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.

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SOURCE Cantor Fitzgerald