Cantor Fitzgerald & Co., one of the Wall Street firms that was hit hardest by the destruction of the World Trade Center in New York on Sept. 11, 2001, raised US$12 million for charity yesterday, the 13th anniversary of the tragedy.
The firm lost 658 employees that day, and another 61 Eurobroker employees also died. The firm responded by starting Charity Day to commemorate those employees, which has raised $113 million over the years for charitable causes worldwide.
Yesterday, Cantor, and its affiliate, BGC Partners, Inc., raised approximately $12 million, which is about the same as the previous year, by donating 100% of their global revenues for the day to the Cantor Fitzgerald Relief Fund and various other charities.
“Every year on Charity Day we support many worthwhile charities around the world, turning a tragic anniversary into a positive and uplifting day,” said Howard Lutnick, chairman and CEO of Cantor Fitzgerald, L.P. and BGC Partners.