Cantor Boosts Equity Trading Desk

Cantor Fitzgerald & Company has increased its equity division trading staff by 20% in 2010.

Cantor Fitzgerald & Company has increased its equity division trading staff by 20% in 2010, The Wall Street Journal reports. The company currently has 400 traders and analysts globally and may boost its staff by another 25%, or 100 people globally.

The company has also enlarged its product lines by starting a trading desk for exchange-traded funds. Cantor may also acquire a brokerage firm in Ireland to expand its two-year-old equities business overseas.

Click here for the story from The Wall Street Journal.