Cantor Fitzgerald L.P.

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Logo of Cantor Fitzgerald

Cantor Fitzgerald L.P. is an investment bank specializing in bond trading. It was founded in 1945 by Bernie Cantor and John Fitzgerald as a limited partnership, which it remains today. It created the eSpeed electronic trading network, a subsidiary it spun-off in 1999.

Its former New York office, on the 101st-105th floors of One World Trade Center, lost 685 employees in the September 11, 2001 attacks, considerably more than any other employer, including the FDNY. This was about 2/3 of its employees. The company was able to bring its trading markets back online within a week, and chairman and CEO Howard Lutnick, whose brother was among those killed in the attacks, vowed to keep the company viable.

Before the attacks, Cantor handled about one-quarter of the daily transactions in the multi-billion dollar U.S. treasuries market. Cantor has since rebuilt its infrastructure and now has its headquarters in midtown Manhattan. The company's effort to regain its footing is the subject of a 2003 book titled On Top of the World: Cantor Fitzgerald, Howard Lutnick, and 9/11: A Story of Loss and Renewal (ISBN 0060510307) by Tom Barbash.

See also: One World Trade Center tenants

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