Weinstein resurfaces at Cantor

Bernie Weinstein, former president of Thomson Financial’s sales and trading group, will become a senior managing director at inter-dealer broker Cantor Fitzgerald on January 1, overseeing Cantor Market Data (CMD) and eSpeed’s Software Solutions business.

Weinstein, who will report to Cantor Fitzgerald chief executive Howard Lutnick, said his focus at CMD will be on developing new products, two of which will be released in the first quarter.

‘Cantor Viewpoint’ will provide market commentary and will be distributed over eSpeed, the electronic trading platform, as well as Cantor’s redistribution partners Bloomberg, CQG, Reuters and Thomson Financial. ‘Cantor Light’ will provide delayed prices to customers that do not need the premium product and its live prices.

Weinstein said he took the job because he was looking for an entrepreneurial environment. “There’s a tremendous focus [here] on making things happen and getting it done,” he said.

Weinstein has been working as a consultant for Cantor since August.