U.S. bond brokerage Cantor Fitzgerald is hiring dozens of debt traders, expanding even as the ongoing credit crunch has the rest of Wall Street shedding jobs.
The closely held firm has added about 30 new staff this year across the range of debt markets, from mortgages and corporate debt to government agencies, Shawn Matthews, executive managing director and head of debt capital markets, told Reuters.
Cantor, best known for brokering bond trades among Wall Street dealers, four years ago formed a debt capital markets group that provides sales, trading and other services to big fund managers and other institutional investors.
