Cantor Fitzgerald opens Tennessee office

Cantor Fitzgerald, L.P. has opened a new office in Memphis, Tenn.and has hired Scott Gruber as managing director to oversee the office's fixed income sales and trading efforts. Gruber will report to Irvin Goldman, president and CEO of the firm's debt capital markets group. Cantor's new Memphis office will be focused on providing fixed income sales and trading across an array of debt capital markets instruments, including MBS, ABS, corporate bonds and U.S. agency securities. This is the fifth new office the firm has opened in the last four months, other recently opened offices are located in Atlanta, Austin and Houston, Texas, and Summit, N.J.