eSpeed goes live with Spot FX for Dealers and Institutions

eSpeed has fine tuned its powerful and versatile processing engines to optimize trading in Spot, TomNext, SpotNext and other short-dated FX products.

First Published by e-Forex News: October, 2003

eSpeed has fine tuned its powerful and versatile processing engines to optimize trading in Spot, TomNext, SpotNext and other short-dated FX products. eSpeed's model is unique, using Cantor Fitzgerald International as the central counterparty in what is traditionally a name give-up market. The platform also leverages Continuous Linked Settlement, to create a matched principal marketplace in which settlement risk is avoided.
The platform will be open to a broad spectrum of traders beyond the traditional interbank market participants, including professional trading firms, hedge funds, money managers, proprietary traders and futures trading firms.