Ten years agoCantor expands into commoditiesAs predicted in FO Week, Cantor Fitzgerald, the big US brokerage firm, has commenced OTC broking operations in commodities. One 4 June, a team based in New York and led by Andrew Hecht, formerly at Phibro, the Saloman Brothers commodities unit, started broking forwards and options in precious metals. Hecht told FO Week business “started off slowly”, but said activity would increase once...