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ESpeed's Block Venture

Traders Magazine, February 2007

Nina Mehta

ESpeed will spin off its equities direct market access business and a new crossing platform into a firm called Aqua. The 20-person unit will be run by Kevin Foley, former president of eSpeed, the electronic trading company that once was a subsidiary of broker-dealer Cantor Fitzgerald. ESpeed and Cantor will own the firm. …

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