The National Treasury Management Agency has said that Cantor Fitzgerald Ireland has become a primary dealer in Irish Government bonds.
Cantor Fitzgerald, which bought Dolmen in recent months, is already an active participant in the Irish Government bond market.
The NTMA said it expects that the company's joining the primary dealer group will add to the depth and liquidity of the market and further enhance the profile of Irish Government bonds for investors.
The recognition of Cantor Fitzgerald brings the number of Primary Dealers to 18
These include Davy in Dublin, Barclays Capital, Danske Bank, Goldman Sachs International, Morgan Stanley, Nomura International, Royal Bank of Scotland and Société Générale in Paris.
''Achieving recognition as a primary dealer demonstrates our commitment to the Irish marketplace and the region, and to providing domestic liquidity to our clients,'' commented Cantor Fitzgerland Ireland's chairman Shawn P Matthews.
''This is a natural step in the continued growth of Cantor’s franchise in the fixed income market, and in the continuing strengthening and expansion of our overall distribution platform to service clients globally,'' he added.
