| • | 1945: Bernie Cantor and John Fitzgerald team up to create bond brokerage Cantor Fitzgerald. |
| • | 1965: Equity Institutional Trading Department Formed. |
| • | 1972: Cantor Fitzgerald purchases controlling interest in Telerate. Originates "screen brokerage", and introduces the world's first electronic marketplace for U.S. Government Securities. |
| • | 1983: Cantor Fitzgerald becomes the first firm to offer worldwide screen brokerage services in U.S. Government Securities from new London office. |
| • | 1986: Establish Japanese representative office and enter into the brokerage of Eurobonds |
| • | 1991: Howard Lutnick named president of Cantor Fitzgerald. |
| • | January 1996: Cantor Fitzgerald begins using the eSpeed® system internally to conduct electronic trading. |
| • | September 1998: Cantor Exchangesm, the world's first full-time electronic exchange for trading US Treasury futures, begins operation. |
| • | March 1999: The first fully electronic transaction, using the eSpeed system, is executed by a Cantor Fitzgerald client. |
| • | December 1999 : eSpeed is spun off from Cantor Fitzgerald in a $220 million Initial Public Offering. |
| • | 2000 : Cantor Fitzgerald Investment Banking founded. |
| • | September 11, 2001:
Cantor Fitzgerald, eSpeed and TradeSpark lose 658 people in the attack on the World Trade Center-nearly one quarter of the total casualties, an unfathomable human tragedy.
Everything we've done since has been a response to this catastrophic event. Instead of being defeated by the destruction of our headquarters and the disarray of our surviving organization, we advanced with even stronger purpose. Read some of Our Stories.
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| • | September 2001: Within one week eSpeed and Cantor Fitzgerald bring markets and business back online - thanks to dedication and commitment of employees and clients around the world |
| • | October 2001: Cantor Market Data launches |
| • | October 2002: Cantor Fitzgerald Institutional Trading business expands to Fixed Income - offering High Yield and Distressed Debt |
| • | March 6, 2003: Cantor Fitzgerald adds Risk Arbitrage to Institutional S&T offerings |
| • | July 15, 2003: Cantor Fitzgerald expands Fixed Income Sales and Trading and launches Asset Management business2003: Cantor Viewpoint, comprehensive analysis and market commentary product launches |
| • | 2003: Cantor Viewpoint, comprehensive analysis and market commentary product launches |
| • | 2003: Cantor fully rebuilt, emerges as a leading financial services firm |
| • | 2004: Cantor spins off its wholesale voice brokerage business to create BGC Partners L.P.. |
