Editing Cantor Fitzgerald (section)

==Early history==
Cantor Fitzgerald was formed in 1945 by [[B. Gerald Cantor|Bernard Gerald Cantor]] and John Fitzgerald as an investment bank and brokerage business. 

In 1965, Cantor Fitzgerald began "large block" sales/trading of equities for institutional customers. It became the world's first electronic marketplace for US government securities in 1972,{{cn|date=April 2025}} and in 1983 it was the first to offer worldwide screen brokerage services in US government securities,{{cn|date=April 2025}} becoming in time the market's premier government securities dealer.<ref>{{Cite news| url = http://www.cantor.com/public/aboutus|title=About Us|publisher=Cantor Fitzgerald |access-date = February 6, 2015}}</ref>  It also became known for {{clarification needed span|text=the quality of its institutional distribution business model.|reason=What exactly does this mean, in layman's terms, linked as best as it can be to pertinent Wikipedia articles.|date=April 2025}}{{cn|date=April 2025}}

In 1991, [[Howard Lutnick]] was named president and CEO of Cantor Fitzgerald; he became chairman of Cantor Fitzgerald, L.P., in 1996.<ref>{{cite magazine| url =https://www.bloomberg.com/research/stocks/people/person.asp?personId=239786&ticker=BGCP |title=Executive Profile Howard W. Lutnick|magazine=[[Bloomberg Businessweek]] |date = February 11, 2015}}</ref>