Patrick Leonard has started as director – institutional equity sales at Cantor Fitzgerald in New York.
He previously held the same title at RBC Capital Markets from October 2010 to May 2025 and was Managing Director at BMO Capital Markets between 2003 and 2010.
Cantor Fitzgerald equity unit is run by Pascal Bandelier. Cantor says it trades on more than 300 markets and has 250 employees. As of 31 December, the New York unit had relatively low equity inventory on its books – Long US$57 million, short US$38 million, but the prime brokerage unit was carrying a stock loan book of more than US$2 billion.
