Specialist Glenn Carell (center) works with traders on the floor of the New York Stock Exchange on January 15, 2020. Photo: AP
Specialist Glenn Carell (center) works with traders on the floor of the New York Stock Exchange on January 15, 2020. Photo: AP
IPO

Cantor Fitzgerald leaps 155 places to top of league table as Wall Street’s US$100 billion mania over ‘blank cheque’ companies upends the pecking order

  • Cantor Fitzgerald, long one of the top underwriters of special purpose acquisition companies (SPACs), has been the biggest beneficiary of the boom
  • The firm ended the first quarter as the No. 10 adviser on initial public offerings globally, with 99 per cent of the deals

Specialist Glenn Carell (center) works with traders on the floor of the New York Stock Exchange on January 15, 2020. Photo: AP
Specialist Glenn Carell (center) works with traders on the floor of the New York Stock Exchange on January 15, 2020. Photo: AP
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