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Cantor Fitzgerald Managing Partner Richard Anthony and Wounded Warrior Project’s Ray Negron about the success of the Cantor Fitzgerald Charity Day.
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-- FitzGerald is holding its annual September 11 charity event today.
The bond trading firm as you can probably remember was one of the hardest hit that -- it lost 658.
Employees.
In honor of their memory the firm is gonna donate a 100% of today's revenues to several charities around the world -- -- Joining us live on cantor Fitzgerald's trading floor hi sandy.
Hey David -- that Richard Anthony is that a derivatives and equities trading on this Barton is such a huge day.
Celebrities.
Reading money going to those charities a big -- wasn't it wonderful Sandra this is your first charity day.
-- bank you grabbing a it's been our pleasure this is my third the excitement keeps building and building.
And a big thank you asked to go out to all of our clientele.
My clientele the firm's -- tell everyone really came through let me tell you there is -- -- trades happening I did a 759 dollar -- myself I can't wait to see the total numbers I think we're breaking records today.
So what does this -- mean for you.
Well I'm a native new Yorker third generate.
-- on both sides of my family and I was supposed to be at windows on the world for the risk management conference.
That morning and I got there a little late and I stood there and watched the destruction occur in my backyard.
And it hurts me every day it hurts me today but we are moving forward -- stronger.
We are showing the world what we can do and BGC charity days leading.
I think -- that's -- this is a prime example of moving forward BC -- BGC lost 658.
Of your employees on that day in the World Trade Center towers.
About two thirds of your employees but then BT -- was started several years ago.
-- -- Cantor Fitzgerald and you have been able to -- you've gone public in this environment not yet over 8000 employees worldwide well that's right and that's because of the leadership and the vision of mr.
Howard -- neck.
And who we had on the Fox Business Network earlier today absolutely and mr.
luck next vision and sense of giving -- sense of leadership for our firm.
Has everybody on the same page working for the same common cause.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- And there is a need for services.
In this environment where you're adding value.
And that's what we do here we add value.
And what about the actual markets themselves they've been extremely volatile but here we are you're the head of not only derivatives but also equities for BGC.
I'd on the day you're worsening at multi year highs for the stock market.
Well exactly S&P rustle up 14%.
Year to date the NASDAQ up over 20%.
Things are going great you must be cautious.
But at the same time.
I think the path of least resistance is to the upside yet well and that being said I wanna ask you about your -- real quick because we have debt.
Talk to one of the wounded warriors but -- -- Anthony a lot of the stars that we had here today oh yes absolutely.
Unique Carmela Anthony foundation which I work on is help being.
Neighborhoods and rebuild basketball and he made a presence here today we talked and he did just that and and the beautiful thing about Carmela Anthony Allan Houston all the next coming here to support -- -- and is that these.
These players get so much back.
Outside of the game that's what brings them together.
On the court they do it here for BGC but we're doing that this weekend -- Puerto -- we do it all your lawn that's years using that's -- we do we have to leave it there thank you so much Richard Anthony had a derivatives and equities here and got another we're gonna have to toss it back but I -- to stop at one of the wounded warriors -- -- -- mean major.
Thanks for joining us where we don't have much time but in this was a big day for -- as well.
Yes it is it's it's -- fantastic to see eleven years can pass after such a tragedy.
And yet as a country as a people we still don't forget and the generosity.
Of this firm the generosity of of its clients.
Take to be trading only on weekdays takeout holiday is how many days are left for them to make money and they give an entire -- us.
They're they're expenses remained direct expenses go up because they actually bring in food -- bring in extra personnel to walk around.
It's it's really its eye opening and it's it's refreshing and -- a beautiful day from 8 o'clock up to them.
I mean major rain -- on thank you so much and we'll leave it on does beautiful words it was a great day here guys and a great data remember 9/11 and all the victims when eleven years ago I hope we never forget thank you very much -- creature.
