Cantor Fitzgerald, L.P., a leading global financial services firm headquartered in New York, has announced it will open a Jacksonville office with plans to employ 80 people.

The company plans to employ 80 people. The Jacksonville City Council unanimously approved the project in May as Project Kodiak. The Florida Department of Economic Opportunity finalized the project last month.

Cantor Fitzgerald plans to use its Jacksonville office to handle some of the company’s securities processing activities.