Cantor Fitzgerald Europe, a securities and derivatives investment bank, has released its financial statements for the year ended December 31, 2022. The report highlights the company’s strong financial performance and its strategic priorities for l ‘coming.
In 2022, the company operating from the UK, Israel and Dubai posted a pre-tax profit of $12.6 million, a significant 36% increase from the year’s profit of $1.1 million. former. The company’s gross profit also increased by 80.5% compared to 2021.
“Investment Banking had a banner year with increased deal flow in power, infrastructure and renewable energy,” the firm wrote in the report. “Equities continued its transition to align the business with our strengths in the United States. Prime Brokerage continued to see strong client additions driving balance and execution growth.
Despite declining market volumes resulting in reduced client activity for fixed income securities, Cantor Fitzgerald Europe remained focused on maintaining profitability through cost reduction and revenue growth. The company aims to maintain excess regulatory capital and exceed minimum capital ratio requirements.
Additionally, Cantor Fitzgerald Europe’s total assets grew from $1.045 billion in 2021 to $1.174 billion in 2022. This growth reflects the company’s commitment to maintaining a strong financial position while seeking growth opportunities. growth.
Looking ahead, Cantor Fitzgerald Europe plans to continue to focus on its core businesses of investment banking, equities, fixed income and blue chip services while exploring new growth opportunities. The report states that “the company will continue to focus on creating value for its customers through innovation and exceptional service.”
FCA regulated company and member of the LSE
The Company holds authorization from the Financial Conduct Authority (FCA) to carry on investment business in the United Kingdom under the Financial Services and Markets Act 2000.
As of December 31, 2022, Cantor Fitzgerald Europe’ was a registered member of the London Stock Exchange (LSE) for share exchange services. For derivatives trading services, it was also a member of Euronext in Amsterdam and Paris Eurex Exchange and ICE Futures Europe.
Cantor Fitzgerald was established in 1945 as an investment bank and brokerage. Over the past 70 years, it has grown substantially to become one of the world’s leading financial services companies.
Cantor Fitzgerald Europe, a securities and derivatives investment bank, has released its financial statements for the year ended December 31, 2022. The report highlights the company’s strong financial performance and its strategic priorities for l ‘coming.
In 2022, the company operating from the UK, Israel and Dubai posted a pre-tax profit of $12.6 million, a significant 36% increase from the year’s profit of $1.1 million. former. The company’s gross profit also increased by 80.5% compared to 2021.
“Investment Banking had a banner year with increased deal flow in power, infrastructure and renewable energy,” the firm wrote in the report. “Equities continued its transition to align the business with our strengths in the United States. Prime Brokerage continued to see strong client additions driving balance and execution growth.
Despite declining market volumes resulting in reduced client activity for fixed income securities, Cantor Fitzgerald Europe remained focused on maintaining profitability through cost reduction and revenue growth. The company aims to maintain excess regulatory capital and exceed minimum capital ratio requirements.
Additionally, Cantor Fitzgerald Europe’s total assets grew from $1.045 billion in 2021 to $1.174 billion in 2022. This growth reflects the company’s commitment to maintaining a strong financial position while seeking growth opportunities. growth.
Looking ahead, Cantor Fitzgerald Europe plans to continue to focus on its core businesses of investment banking, equities, fixed income and blue chip services while exploring new growth opportunities. The report states that “the company will continue to focus on creating value for its customers through innovation and exceptional service.”
FCA regulated company and member of the LSE
The Company holds authorization from the Financial Conduct Authority (FCA) to carry on investment business in the United Kingdom under the Financial Services and Markets Act 2000.
As of December 31, 2022, Cantor Fitzgerald Europe’ was a registered member of the London Stock Exchange (LSE) for share exchange services. For derivatives trading services, it was also a member of Euronext in Amsterdam and Paris Eurex Exchange and ICE Futures Europe.
Cantor Fitzgerald was established in 1945 as an investment bank and brokerage. Over the past 70 years, it has grown substantially to become one of the world’s leading financial services companies.