eSpeed Inc. was a sub of Cantor Fitzgerald, L.P.
Rather than go after the offspring they hit the parent.
eSpeed, Inc. engages in the development and deployment of electronic marketplaces and related trading technology that enables market participants to trade financial and non-financial products. It provides financial technology products, which assist customers in managing market risk, as well as operates various multiple buyer and multiple seller electronic marketplaces for the government bond markets, foreign exchange markets, and other financial marketplaces. The company also offers a suite of marketplace tools, which provide end-to-end transaction solutions for the purchase and sale of financial products over our global private network or via the Internet. Its neutral platform provides electronic and integrated hybrid voice-assisted trading to income and foreign exchange trading firms, exchanges, and equities trading firms in the world. The company?s solutions include real-time and auction-based transaction processing, credit and risk management tools, and back-end processing and billing systems. It also licenses software to customers, which enables to distribute products, through online offerings and auctions, including private and reverse auctions, and request-for-quote capabilities. The company?s customers include banks, dealers, brokers, professional trading firms, futures commission merchants and professional market participants, and other financial institutions in the United States, Canada, Europe, Asia, and Australia. eSpeed was founded in 1999 and is headquartered in New York, New York. eSpeed, Inc. is a subsidiary of Cantor Fitzgerald, L.P.
Sadly I knew a couple of guys who worked for Cantor.
For those who understand no explanation is needed, ...For those who don't none will.
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