The team, all of whom had previously worked at Canaccord Genuity, is led by Gordon Neilly, who has joined as Head of Corporate Finance.

Additionally, Angelo Sofocleous, who has joined as co-head of equity trading will lead European sales and trading with Marc Altmann.

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The team is based in London and reports to James Rowsell, chief executive of Cantor Fitzgerald Europe.

Cantor said that it will hereafter provide financial advisory services for asset management, wealth management and investment companies, covering primary issuance, mergers and acquisitions, capital reorganisations, debt issuance and strategy.

Cantor said that the team will focus on growing its client base in Europe and expanding the range of corporate advisory and brokerage services to clients in key sectors.

Neilly remarked: "The strength of Cantor’s balance sheet and global network, together with its strong and developed distribution platform, will enable us to further enhance our client offering in Europe."

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Cantor is authorised and regulated in the United Kingdom by the Financial Services Authority (FSA).