Cantor Fitzgerald Expands Prime Services Group With Three New Directors

Cantor Fitzgerald, an American financial services firm, announced today that it has expanded its Prime Services business with the additions of Paul Mandile, David Sklar and Robert Marietta. Mr. Mandile will serve as Managing Director of Outsourced Trading, Mr. Sklar will serve as Senior Vice President, focused on electronic trading sales and Mr. Marietta will serve as Director in the firm's client service team.

"The expansion of our Prime Services business has been a key focus for us. Hiring seasoned professionals like Paul, David and Robert, with deep market knowledge and extensive relationships, underscores our dedication to providing top notch client service and expanding our market franchise," said Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co. "We are deeply committed to exceeding our clients' expectations and building a comprehensive Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term class Prime Services platform that leverages our outstanding clearing, financing and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term capabilities."

"We are thrilled to welcome these experienced professionals to the Prime Services team," added Noel Kimmel, Global Head of Prime Services and Chief Executive Officer of Cantor Clearing. "We believe their extensive experience, relationships and knowledge of the hedge fund industry will make a significant contribution to the team."

Mr. Mandile previously served as Senior Vice President at Cuttone & Company, where he provided trading and portfolio management services to the firm's prime brokerage clients. He also held senior positions at ABN AMRO and UBS. Mr. Mandile holds a B.S. in Business and Finance from Fordham University.

Mr. Sklar most recently served as Senior Vice President in the Prime Brokerage and Electronic Trading division at Cuttone & Company, where he oversaw the Mini Prime and electronic trading business. Mr. Sklar received his B.A. in Government from Hamilton College.

Mr. Marietta recently served as Vice President at TradeStation Prime Services, focused on relationship management and sales. Earlier, he was a Director of Prime Brokerage Client Services at UBS. Mr. Marietta holds a B.A. in Communications from Fordham University.