Cantor Fitzgerald Opens Puerto Rico Office, Extending Its North American and Global Footprint

NEW YORK, Oct. 2, 2012 /PRNewswire/ -- Cantor Fitzgerald & Co., a leading global financial services firm, announced the opening of a new office in San Juan, Puerto Rico.  Joaquin Iglesias, formerly of Oriental Financial Services  and Carlos Ramos, formerly of the Puerto Rico Retirement System Administration, will head operations for the new office and are focused on serving institutional clients in fixed income sales and trading.  

(Logo: http://photos.prnewswire.com/prnh/20110721/MM39818LOGO)

"Our new presence in Puerto Rico demonstrates our ongoing and continued commitment to expanding the firm's capability to serve investors in local markets.  Joaquin and Carlos are great additions to our team and bring strong local market experience and extensive industry relationships," said Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co. "Their presence will significantly broaden our reach and enhance our ability to serve this growing market, providing our clients with deep market intelligence and unparalleled service."

Mr. Iglesias and Mr. Ramos said in a joint statement, "We are excited to be part of Cantor Fitzgerald.  One of the premier firms in the global fixed income markets, Cantor clearly is well positioned for continuing rapid growth globally and in key markets. We are committed to helping drive the success of the firm in the Puerto Rican marketplace."

Mr. Iglesias served as Vice President and Senior Investment Specialist at Oriental Financial Services, participating in its institutional sales initiative. He commenced his career at the Government Development Bank for Puerto Rico where he was Vice President and Treasurer.  Later, he was a Senior Vice President at Lehman Brothers/Barclays Capital where he helped develop the firm's institutional platform.  He has also served as a Vice President at Prudential Securities/Wachovia Capital Markets. Mr. Iglesias holds a BBA from the University of South Florida and is a graduate of the Banking and Financial Services Executive Program from the University of Michigan in Ann Arbor.

Most recently Chief Investment Officer of the Puerto Rico Retirement System Administration, Mr. Ramos previously served as Vice President in the Institutional Client Group at Lehman Brothers/Barclays Capital where he helped structure and grow the firm's operations in Puerto Rico.  He has also served as a Vice President of Institutional Sales at Prudential Securities/Wachovia Capital Markets and a Retail Investment Advisor at Dean Witter. Mr. Ramos holds a BBA in Management from the University of Puerto Rico Bayamon Campus and a Master Degree in Finance from the Sistema Universitario Ana G Mendez Cupey Campus.

The new Cantor Fitzgerald office is located in the Atrium Business Center at 530 Avenue de la Constitucion in Puerta de Tierra San Juan, Puerto Rico.

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 institutional equity and fixed income sales and trading and for its expanding presence serving the middle market with investment banking services, prime brokerage, and commercial real estate financing. Cantor Fitzgerald also is a leader in new businesses including advisory and asset management services, gaming technology, e-commerce 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 & Co.

SOURCE Cantor Fitzgerald & Co.