Media Advisory From Cantor Fitzgerald, L.P.Business Editors NEW YORK--(BUSINESS WIRE)--Sept. 13, 2001 Corporate Fact Sheets for Cantor Fitzgerald Cantor Fitzgerald L.P. is a global financial services firm specializing in bond trading, as well as investment banking, asset management, market data and brokerage services. , eSpeed and TradeSpark Cantor Fitzgerald, L.P. -- Cantor Fitzgerald, L.P. is a global financial services firm involved in the world's biggest fixed-income markets -- The Company employs approximately 2000 people in offices throughout the U.S., Canada, Europe and Asia. Approximately one-half of the Company's employees worked in its New York City headquarters at One World Trade Center, occupying floors 101, 103, 104 and 105 -- Cantor Fitzgerald provides a broad spectrum of wholesale and institutional brokerage and execution services to the financial markets -- In U.S. and European government bonds, Cantor Fitzgerald is the leading broker-dealer, accounting for most of the trading volume eSpeed Inc. -- eSpeed Inc. develops electronic marketplaces and related trading technology solutions for financial and non-financial markets -- The company provides the marketplace infrastructure for more than 45 products, including energy and environmental services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric, , foreign exchange, metals, fixed-income securities Fixed-income securities Investments that have specific interest rates, such as bonds. and equities -- eSpeed transacts over $200 billion of financial instruments daily -- Over 500 major financial institutions trade using eSpeed technology -- More than 470 employees worldwide -- Commenced operations on March 10, 1999 as a division of Cantor Fitzgerald Securities -- Spun off from Cantor Fitzgerald in December 1999 in an Initial Public Offering; Cantor holds a 55% stake in the company -- eSpeed trades on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors "ESPD ESPD Enfants En Situation Particulièrement Difficile (French) ESPD Engine Shutdown Protective Device " TradeSpark, L.P. -- TradeSpark L.P. is an electronic marketplace for trading energy and related products -- The formation of TradeSpark was announced on September 25, 2000 and live trading began on October 2, 2000 -- The TradeSpark marketplace was established as a market-neutral partnership between five of the largest US energy producers/distributors, as well as Cantor Fitzgerald, the marketplace expert, and eSpeed Inc., the provider of sophisticated trading technology platforms -- Over 125 companies use TradeSpark to trade energy products -- During 2Q01, TradeSpark traded over $41.9 billion (notional no·tion·al adj. 1. Of, containing, or being a notion; mental or imaginary. 2. Speculative or theoretical. 3. value) in energy products |
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