Cantor/eSPeed Leads Pack in Bids To Acquire MTS Bond Platform
At 01 May 2005 18:53:36 in ET-Multidealer Systems, Electronic Trading
Cantor Fitzgerald’s eSpeed electronic bond trading subsidiary is leading the pack in bids for MTS, the Eurozone government debt trading platform. Industry reports have cited anonymous sources stating that eSpeed’s bid has come closest to the EUR 250 million MTS’s owners are seeking for the business. The company is 46%-owned by Italian banks.
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