Nasdaq trading in eSpeed stock halted

ESpeed, the Cantor Fitzgerald subsidiary which operates an electronic trading platform for the fixed income market, has asked Nasdaq to temporarily halt trading in its common stock.

  0 Be the first to comment

Nasdaq trading in eSpeed stock halted

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

In a statment, Howard Lutnick, chairman of eSpeed, comments: "In light of the heavy loss of life among employees of eSpeed and Cantor Fitzgerald, the number of our senior management and other valued employees who remain missing and unaccounted for and the destruction of our New York offices, we have requested and received from The Nasdaq Stock Market a temporary halt in the trading of our Class A Common Stock on the Nasdaq National Market pending further announcements."

He says the company is still trying to evaluate the scale of the impact on eSpeed's business. A further announcement is expected within the next ten business days.

Sponsored [New Report] The Future of Payments 2025 – Digital, instant, profitable?

Comments: (0)

[New Report] The Future of Payments 2025 – Digital, instant, profitable?Finextra Promoted[New Report] The Future of Payments 2025 – Digital, instant, profitable?