Cantor Fitzgerald Strengthens Mortgage-Backed Securities Sales and Trading Team

NEW YORK, July 11, 2014 /PRNewswire/ -- Cantor Fitzgerald & Co., a leading global services financial firm, today announced the expansion of its Mortgage-Backed Securities (MBS) sales and trading team with the appointments of Cass Tokarski  as Senior Managing Director and Head of Mortgages and Asset-Backed Securities, and James Murray as Managing Director, who are both joining from RBS.  Mr. Tokarski will be responsible for broadening and expanding Cantor's already significant presence in the business.  Mr. Murray will be focusing on Agency ARM (Adjustable-Rate Mortgage) trading.

"I am very excited to welcome these highly respected professionals to the Cantor team and expect that their extensive experience and strong industry relationships will immediately contribute to the Mortgage business. Cass' leadership and knowledge of the mortgage market will be an enormous asset to our effort as we continue to expand and enhance this important product area," said Shawn Matthews, Chief Executive Officer, Cantor Fitzgerald & Co. "We are firmly committed to growing our global sales and trading capabilities to ensure that clients are provided with the highest level of service and value add insight across the industry."

"Cantor has built a strong mortgages group that has expanded significantly over the years.  I look forward to contributing to the continued growth of the Mortgage sales and trading team," said Mr. Tokarski.

Mr. Torkarski joins Cantor from RBS, formally Greenwich Capital Markets Inc., where he ran the CMO business.  Prior to a decade of trading various mortgage products at RBS, he held several trading positions at UBS and Goldman Sachs.  Mr. Torkarski received his B.A. from Villanova University. 

Mr. Murray was previously Director at RBS and is a CFA Charterholder.  He received his B.S. in Accounting from the University of Florida.

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 & Co.