Cantor Fitzgerald takes over Dolmen

The US brokerage firm Cantor Fitzgerald has taken over the Dublin-based stockbroking firm Dolmen for an undisclosed fee.

Cantor CEO Shawn Matthews plans to beef up Dolmen’s operations in Ireland to take advantage of the economic recovery.

“We are looking to be the number one fixed-income dealer in Ireland in a relatively short period of time,” he said. “We are still aggressively looking to expand. I can see us adding at least 200 people over the next year.”