Hedge fund service provider Cantor Fitzgerald today announced the opening of a new office in Zurich, Switzerland, further expanding its global footprint within the world's financial markets.
The new office is based in the heart of Zurich's financial district at Bahnhofsstrasse 64 and opens specifically to meet the demands of new and existing clients the global cash equity and derivatives markets in Zurich and the rest of central Europe, including hedge funds, asset managers and pension funds.
Gilbert Fischer and Oliver Dufek will jointly head up the office and be responsible for spearheading the expansion of the group's European institutional equity business. Fischer, previously at Dresdner Kleinwort, hedge fund Cazenove and UBS will initially lead a team of 12 with Oliver Dufek, previously at Dresdner Kleinwort and Cantor
Fitzgerald in London. They will report to Didier Bensadoun, Global Head of Equity Derivatives and Elon Spar, Chief Executive for Europe and Asia.
Cantor Fitzgerald sees Zurich as an important center from which to serve its clients locally and will look to further expand its existing product lines. With the addition of Zurich to its global network, Cantor Fitzgerald now has 28 offices around the world.
Commenting on the launch, Gilbert Fischer said, "We are delighted to be opening a new office in the heart of Zurich, a key location for us in serving our clients. This new office will enable us to offer a local service that will benefit both our clients and our business."
Dufek added: "Our local presence and knowledge of the markets will enhance our existing offering, including alpha generating ideas, portfolio analytics and optimization, to existing and potential clients. We look forward to working with them across the region."
Elon Spar, Chief Executive of Cantor Fitzgerald for Europe and Asia said, "The opening of our Zurich office represents a growing demand from new and existing clients for our services and is key to
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