New York – Cantor Fitzgerald & Co., a global financial services firm, entered an agreement with S&P Capital IQ, a source of data, research and analytics, to provide global equity research products and services to Cantor’s US institutional clients.
Cantor Fitzgerald will enhance its primary equity research offering by marketing and distributing co-branded S&P Capital IQ company equity research, strategy research, and industry surveys. Cantor’s clients will have direct access to S&P Capital IQ’s equity analysts, issuer meetings, conferences and other events.
As a result of the agreement, Cantor Fitzgerald is looking to hire about 20 analysts to expand its current research team. Cantor’s CEO, Shawn Matthews told Financial News: “”The depth and breadth of Capital IQ and its global reach gives us a significant presence as we continue to expand our own franchise. We are looking to add 15 to 20 analysts by the end of the year who will cover sectors in alignment with our banking business.”
Jeffrey Lumby, a senior managing director with Cantor since 2001, has been appointed head of equity capital markets. Mr. Lumby will report to the CEO and will work closely with Jarred Kessler, global head of equities and with Steven Kantor, executive managing director and global head of investment banking.