Terror massacre firm fights back with extra business

Cantor Index, the financial spread betting firm hit by the terrorist attacks in the United States, today showed it was fighting back with an increase in business.

The firm’s owner, financial services group Cantor Fitzgerald, was one of the worst affected by the massacre at the World Trade Centre, losing 700 staff including 12 from Britain.

Last week, the Prince of Wales visited staff at the City of London offices of the group, where they watched in horror on September 11 as the North Tower collapsed, burying friends and colleagues.

They then immediately had to take on the brunt of the New York office’s work to keep the company going.

Today, Cantor said trading at its spread-betting arm had risen by nearly 100% in the weeks following the devastating attack as customers reacted by increasing trading activity in support of the group.

Managing director Lewis Findlay said: ‘‘The support from our customers, staff and the industry in general during this incredibly difficult period has been overwhelming and we have done everything to reassure our clients about Cantor Index’s outstanding future prospects.

‘‘The overwhelming majority of our customers have made an immediate statement of support by increasing their trading activity to record levels.

‘‘I would like to publicly thank our customers for the continued endorsement that they have shown to Cantor Index and for helping us to emerge from this terrible period as a stronger and even more determined company.’’