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Trading Technologies’ eSpeed Suit Underscores Broader, Deeper Rivalry Between Cantor and ICAP

At 01 Sep 2004 12:19:26 in ET-Interdealer Systems, Electronic Trading    Print Article  Email Article   Full content requires subscription 

Trading Technologies International’s litigation against Cantor Fitzgerald’s eSpeed surprised the transaction technology community. But the suit – alleging infringement by eSpeed of TT’s newly granted patents – may point to a wider, ongoing series of disputes between Cantor and London-based interdealer broker ICAP, which teamed up earlier this year with TT to offer a head-to-head competitor to eSpeed’s Treasury and Treasury futures transaction systems.



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