ESPD Espeed (MM)

eSpeed, Inc. (NASDAQ: ESPD), a leading developer of electronic marketplaces and trading technology for the global capital markets, announced today that it will provide customers with a connection, via Ecco to ICE Futures, the leading electronic regulated futures and options exchange for global energy markets. The connection will give customers who have access to eSpeed�s Ecco Product Suite an application which provides connection to the world�s leading derivatives exchanges and eSpeed�s electronic marketplaces, plus direct access to ICE Futures. Users will also be able to benefit from other innovative tools such as the EccoSpreader to leverage energy derivatives trading opportunities around the world. eSpeed customers will, through this connection, gain access to the principal contracts traded on ICE Futures, namely the Brent global crude benchmark contract, Gas Oil, Natural Gas and WTI (West Texas Intermediate, the US benchmark crude oil). Order types such as calendar spreads, crack spreads, Settlements Market and Minute Markers will be supported. David Hall, Global Head of Sales at eSpeed Futures said, �Increased awareness of the challenges facing the global energy markets is driving record volumes in energy derivatives, making the addition of ICE Futures an excellent value-added service to customers in our ongoing programme of exchange connectivity expansion.� About eSpeed, Inc. eSpeed, Inc. (NASDAQ: ESPD) is a leader in developing and deploying electronic marketplaces and related trading technology that offers traders access to the most liquid, efficient and neutral financial markets in the world. eSpeed operates multiple buyer, multiple seller real-time electronic marketplaces for the global capital markets, including the world's largest government bond markets and other fixed income and foreign exchange marketplaces. eSpeed's suite of marketplace tools provides end-to-end transaction solutions for the purchase and sale of financial products over eSpeed's global private network or via the Internet. eSpeed's neutral platform, reliable network, straight-through processing and superior products make it the trusted source for electronic trading at the world's largest fixed income and foreign exchange trading firms and major exchanges. eSpeed has offices in New York, London, Chicago, Dallas, Los Angeles, Milan, Rochelle Park, Toronto, and Tokyo. To learn more, please visit www.espeed.com. About EccoPro Ecco a subsidiary of eSpeed, Inc, is a highly specialized software firm focused on financial markets. eSpeed leverages Ecco�s established front-end software and routing solutions to worldwide exchanges, as well as software and intellectual property for credit and risk monitoring. Ecco�s trading solutions are multi asset class and include Futures, Equities, US Treasury Bonds and FX. To learn more, please visit www.eccoware.com. Discussion of Forward-Looking Statements by eSpeed, Inc. The information in this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based upon current expectations that involve risks and uncertainties. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Our actual results and the timing of certain events may differ significantly from the results discussed in the forward-looking statements. Factors that might cause or contribute to such a discrepancy include, but are not limited to, our relationship with Cantor Fitzgerald and its affiliates, the costs and expenses of developing, maintaining and protecting our intellectual property, including judgments or settlements paid or received and their related costs, the possibility of future losses and negative cash flow from operations, the effect of market conditions, including trading volume and volatility, our pricing strategy and that of our competitors, our ability to develop new products and services, to enter new markets, to secure and maintain market share, to enter into marketing and strategic alliances, to hire new personnel, to expand the use of our electronic system, to induce clients to use our marketplaces and services and to effectively manage any growth we achieve, the effects of the attacks on the World Trade Center on September 11, 2001, and other factors that are discussed under "Risk Factors" in eSpeed�s Annual Report on Form 10-K filed with the Securities and Exchange Commission. We believe that all forward-looking statements are based upon reasonable assumptions when made; however, we caution that it is impossible to predict actual results or outcomes or the effects of risks, uncertainties or other factors on anticipated results or outcomes and that, accordingly, you should not place undue reliance on these statements. Forward-looking statements speak only as of the date when made, and we undertake no obligation to update these statements in light of subsequent events or developments. Actual results and outcomes may differ materially from anticipated results or outcomes discussed in forward-looking statements. About Intercontinental Exchange IntercontinentalExchange (ICE) is the world�s leading electronic marketplace for energy trading and price discovery. ICE�s transparent and efficient market structure, coupled with its secure, electronic trading platform, allows ICE to provide market participants with direct access to energy futures and thousands of OTC commodity products for oil and refined products, natural gas, power and emissions. In addition to its globally distributed liquid electronic markets, ICE offers a range of risk management tools designed to increase trading efficiency. ICE Data provides energy market data based on OTC and futures markets through real-time access and an array of indices, custom data services and mark to market products. Electronic trade confirmations through ICE eConfirm ensure that trades are confirmed accurately and in a matter of seconds, whether executed in ICE�s OTC markets or off-exchange. The combination of speed, accessibility, service, and information makes ICE the complete energy marketplace for thousands of market participants across the globe, around the clock. For more information visit www.theice.com. eSpeed, Inc. (NASDAQ: ESPD), a leading developer of electronic marketplaces and trading technology for the global capital markets, announced today that it will provide customers with a connection, via Ecco to ICE Futures, the leading electronic regulated futures and options exchange for global energy markets. The connection will give customers who have access to eSpeed's Ecco Product Suite an application which provides connection to the world's leading derivatives exchanges and eSpeed's electronic marketplaces, plus direct access to ICE Futures. Users will also be able to benefit from other innovative tools such as the EccoSpreader to leverage energy derivatives trading opportunities around the world. eSpeed customers will, through this connection, gain access to the principal contracts traded on ICE Futures, namely the Brent global crude benchmark contract, Gas Oil, Natural Gas and WTI (West Texas Intermediate, the US benchmark crude oil). Order types such as calendar spreads, crack spreads, Settlements Market and Minute Markers will be supported. David Hall, Global Head of Sales at eSpeed Futures said, "Increased awareness of the challenges facing the global energy markets is driving record volumes in energy derivatives, making the addition of ICE Futures an excellent value-added service to customers in our ongoing programme of exchange connectivity expansion." About eSpeed, Inc. eSpeed, Inc. (NASDAQ: ESPD) is a leader in developing and deploying electronic marketplaces and related trading technology that offers traders access to the most liquid, efficient and neutral financial markets in the world. eSpeed operates multiple buyer, multiple seller real-time electronic marketplaces for the global capital markets, including the world's largest government bond markets and other fixed income and foreign exchange marketplaces. eSpeed's suite of marketplace tools provides end-to-end transaction solutions for the purchase and sale of financial products over eSpeed's global private network or via the Internet. eSpeed's neutral platform, reliable network, straight-through processing and superior products make it the trusted source for electronic trading at the world's largest fixed income and foreign exchange trading firms and major exchanges. eSpeed has offices in New York, London, Chicago, Dallas, Los Angeles, Milan, Rochelle Park, Toronto, and Tokyo. To learn more, please visit www.espeed.com. About EccoPro Ecco a subsidiary of eSpeed, Inc, is a highly specialized software firm focused on financial markets. eSpeed leverages Ecco's established front-end software and routing solutions to worldwide exchanges, as well as software and intellectual property for credit and risk monitoring. Ecco's trading solutions are multi asset class and include Futures, Equities, US Treasury Bonds and FX. To learn more, please visit www.eccoware.com. Discussion of Forward-Looking Statements by eSpeed, Inc. The information in this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based upon current expectations that involve risks and uncertainties. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Our actual results and the timing of certain events may differ significantly from the results discussed in the forward-looking statements. Factors that might cause or contribute to such a discrepancy include, but are not limited to, our relationship with Cantor Fitzgerald and its affiliates, the costs and expenses of developing, maintaining and protecting our intellectual property, including judgments or settlements paid or received and their related costs, the possibility of future losses and negative cash flow from operations, the effect of market conditions, including trading volume and volatility, our pricing strategy and that of our competitors, our ability to develop new products and services, to enter new markets, to secure and maintain market share, to enter into marketing and strategic alliances, to hire new personnel, to expand the use of our electronic system, to induce clients to use our marketplaces and services and to effectively manage any growth we achieve, the effects of the attacks on the World Trade Center on September 11, 2001, and other factors that are discussed under "Risk Factors" in eSpeed's Annual Report on Form 10-K filed with the Securities and Exchange Commission. We believe that all forward-looking statements are based upon reasonable assumptions when made; however, we caution that it is impossible to predict actual results or outcomes or the effects of risks, uncertainties or other factors on anticipated results or outcomes and that, accordingly, you should not place undue reliance on these statements. Forward-looking statements speak only as of the date when made, and we undertake no obligation to update these statements in light of subsequent events or developments. Actual results and outcomes may differ materially from anticipated results or outcomes discussed in forward-looking statements. About Intercontinental Exchange IntercontinentalExchange (ICE) is the world's leading electronic marketplace for energy trading and price discovery. ICE's transparent and efficient market structure, coupled with its secure, electronic trading platform, allows ICE to provide market participants with direct access to energy futures and thousands of OTC commodity products for oil and refined products, natural gas, power and emissions. In addition to its globally distributed liquid electronic markets, ICE offers a range of risk management tools designed to increase trading efficiency. ICE Data provides energy market data based on OTC and futures markets through real-time access and an array of indices, custom data services and mark to market products. Electronic trade confirmations through ICE eConfirm ensure that trades are confirmed accurately and in a matter of seconds, whether executed in ICE's OTC markets or off-exchange. The combination of speed, accessibility, service, and information makes ICE the complete energy marketplace for thousands of market participants across the globe, around the clock. For more information visit www.theice.com.