BGC Partners

52 results about this entity

Period: 28 May 2004 - 08 Dec 2022

Cantor to sell BGC Partners to eSpeed

Cantor Fitzgerald is selling privately held brokerage unit BGC Partners to separately listed subsidiary eSpeed for $1.3 billion. The merged entity will take the BGC name and form a new public company focused on voice and electronic fixed income trading.

Wagner patent expiry to hit eSpeed earnings

US electronic bond trading network eSpeed is forecasting a dip in revenue and operating income for the remainder of 2007 following the expiration of the Wagner patent in February of this year.

Cantor rejects eSpeed bid from Tullett Prebon

US interdealer broker Cantor Fitzgerald has turned down a $12 per share offer for its electronic bond trading network eSpeed from London-based brokerage Tullett Prebon.

TT facing patent challenge

A Chicago-based intellectual property specialist, Brinks Hofer Gilson & Lione, has called for the US Patent and Trademark Office to re-examine and re-evaluate patents held by Trading Technologies (TT).

Aqua adds John Silvestri to senior management team

Aqua, an electronic equities trading platform that will be launched later this year by eSpeed, has appointed John Silvestri as senior vice president with responsibilities for sales, brokerage operations and business development.

Hedge funds circle eSpeed

Electronic bond trading network eSpeed is coming under renewed pressure for a change in ownership following the acquisition of a 6.4% stake in the company by hedge fund WC Capital Management.

Espeed loses OMX patent appeal

Swedish exchange operator and trading systems vendor OMX says an appeals court in the US has upheld a ruling stating that its technology doesn't violate a patent held by Cantor Fitzgerald subsidiary eSpeed, removing the threat of liability claims.

Chapman Capital piles pressure on eSpeed following patent ruling

After last week disclosing a 9.3% stake in e-trading operation eSpeed and calling for a formal split from interdealer broker Cantor Fitzgerald, investment advisor Chapman Capital has demanded that eSpeed's board of directors retain an independent auditor to review the two entities' joint services agreement (JSA).

Chapman Capital demands eSpeed shake-up

Investment fund Chapman Capital has disclosed a 9.3% stake in e-trading operation eSpeed and called for a formal split from interdealer broker Cantor Fitzgerald.

Aqua names Brian Weston CTO

Aqua, the new electronic equities trading platform that will be launched later this year by eSpeed, has appointed Brian Weston as chief technology officer (CTO).

Espeed names Yevette Tierney CIO

Electronic bond trading network eSpeed has appointed Bloomberg's Yevette Tierney as its new chief information officer.

Fishkind joins Foley at Aqua

Aqua, the new electronic equities trading platform that will be launched later this year by eSpeed, has appointed Andrew Fishkind as global head of sales.