Cantor Fitzgerald Establishes Presence in Ireland with Acquisition
of Dolmen Stockbrokers
NEW YORK and DUBLIN, Dec. 3,
2012 /PRNewswire/ -- Cantor Fitzgerald, a leading
global financial services firm, today announced that it has
acquired Dolmen Stockbrokers, one of the largest independent
stockbrokers in Ireland. The transaction expands Cantor's
capacity to provide sales and trading, research and advisory
services to clients in Ireland as
part of the continued growth of its global capital markets
franchise. Serving clients in the Irish marketplace through
offices in Dublin, Cork and Limerick, Dolmen's team of 90
seasoned professionals will continue to be led by Ronan Reid, who will serve as Chief Executive
Officer of Cantor Fitzgerald Ireland and stockbroking division,
Dolmen Stockbrokers, a part of Cantor Fitzgerald Ireland.
(Logo: http://photos.prnewswire.com/prnh/20110721/MM39818LOGO
)
Cantor Fitzgerald Ireland will provide institutional, corporate
and retail clients in Ireland with
access to the firm's global distribution platform and breadth of
financial products, while focusing on growing Cantor's client base
in the region. Cantor Fitzgerald Ireland will offer clients
institutional bond and equity market trading and dealing,
investment banking services, retail stock broking, currency
broking, sale of structured products, discretionary wealth
management and pension services. In addition, the firm will
provide management and advisory services, and expand the range of
brokerage services to clients.
"Dolmen Stockbrokers ranks as one of the leading firms in the
Irish marketplace, and complements our strength in serving clients
with a full range of investment resources," said Shawn P. Matthews, Chief Executive Officer of
Cantor Fitzgerald & Co. and Chairman of Cantor Fitzgerald
Ireland. "Building a full-service sales and trading, research
and advisory business in Ireland
is an important step in our continued expansion, as Ronan and the
team of talented, well-respected Dolmen professionals provide
clients with the high quality service Cantor is known for, coupled
with our world-class execution."
"We are all excited by the opportunity to join a world-class
firm such as Cantor, which continues to see tremendous growth,"
said Mr. Reid. "We look forward to the scale and opportunity
that Cantor brings allowing us to serve a broader global client
base, as well as deepening our product offering for clients in
Ireland."
Cantor Fitzgerald received regulatory approval for the
transaction from the Central Bank of Ireland.
About Cantor Fitzgerald
Cantor Fitzgerald, a premier 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 in institutional equity and
fixed income sales and trading and is recognized for its
strengths 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 Ireland and Cantor Fitzgerald & Co.