Espeed Trading Activity Plateaus
EARNINGS REPORT
NEW YORK--Espeed, the online government securities brokerage spun off by Cantor Fitzgerald, recently disclosed its trading activity in a Securities and Exchange Commission filing. The quarterly market activity report appears to reveal a leveling off of electronic trading volume.
However, a spokesperson for Espeed cited an overall industry slowdown in treasury securities transactions. During the usual summer doldrums, the three largest commodities exchanges--the Chicago Board of Trade, Eurex and
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