eSpeed, Inc. and BGC Partners Host Latest Charity Poker Event in Chicago
14 December 2007 - 12:30AM
Business Wire
eSpeed, Inc. (NASDAQ: ESPD), a leading developer of electronic
marketplaces and related trading technology for the global capital
markets, and BGC Partners, a leading inter-dealer brokerage firm
providing integrated voice and electronic services to wholesale
fixed income, interest rate, foreign exchange and derivatives
markets worldwide, announced that they recently hosted the latest
in a series of Texas Hold �Em charity poker events to raise money
for local charitable causes. The event at Morton�s Chicago was
attended by approximately 200 futures and government bond trading
customers of eSpeed and BGC. Participants were given a bank of
�charity chips� to begin the tournament, with the $20,000 prize
money donated to charities selected by the two top winners. The
Texas Hold �Em tournament is part of a series of successful
worldwide charity �broker poker� events held by eSpeed or jointly
hosted with eSpeed�s affiliate, BGC Partners, for customers in New
York, Chicago, London, Paris and Hong Kong. The winning traders,
Jamie LaGrow, from Banyan Financial LLP, selected Canton
Goodfellows, and Chicago Children�s Charities and David Rosenthal,
from Rosenthal Collins Group, chose the Greater Chicago Food
Depository. Canton Goodfellows, Canton, Michigan, is a non-profit
organization whose �goal is to ensure that there will be no Canton
child without a Christmas.� Chicago Children�s Charities is a
non-profit volunteer organization that raises monies through
fundraising activities to support the betterment of children in the
Chicago area. The Greater Chicago Food Depository is a
not-for-profit food distribution and training center providing food
for hungry people and striving to end hunger in the city of
Chicago. Paul Saltzman, Chief Operating Officer of eSpeed, Inc.,
said, �As part of our philanthropic commitment to give back to the
communities where we work and live, eSpeed is pleased to partner
with our customers to support these local charities that are
working so hard to improve the lives of others.� Pat Troy, Managing
Director of eSpeed in Chicago, added, �We�d like to thank our
customers once again for helping make this a memorable and
worthwhile event.� Nancy Spencer, President of Canton Goodfellows
said, "The news of a generous donation from the charity poker
tournament sponsored by eSpeed and BGC Partners and won by Jamey
LaGrow of Banyan Financial could not have come at a�better time for
our�children. This donation will allow us to provide much needed
food and gifts to over 500 needy children in Jamey's home town of
Canton. We are so very grateful to both�eSpeed and Banyan Financial
for contributing to Canton Goodfellows." Hilary Whitzleben of
Chicago Children�s Charities said, �On behalf of Chicago Children's
Charities, we thank you for your generous donation. Your donation
will make a tremendous impact to the diverse group of beneficiaries
we support. Your meaningful contribution to CCC will help these
organizations meet their goals. We cannot thank you enough!� Kate
Maehr, executive director of the Greater Chicago Food Depository
said, "The Greater Chicago Food Depository is so grateful for this
generous donation from Rosenthal Collins Group and eSpeed. We could
not provide food for nearly 90,000 hungry people every week without
our community partners." 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. To learn more, please visit www.espeed.com. On May 29,
2007, eSpeed announced that it had entered into an Agreement and
Plan of Merger, dated as of May 29, 2007 with BGC Partners, Inc.
(�BGC Partners�); Cantor Fitzgerald, L.P. (�Cantor�); BGC Partners,
L.P., a Delaware limited partnership; BGC Global Holdings, L.P., a
Cayman Islands exempted limited partnership; and BGC Holdings,
L.P., a Delaware limited partnership pursuant to which eSpeed will
acquire BGC Partners through a merger of BGC Partners with and into
eSpeed. For more information, see eSpeed�s Report on Form 8-K dated
May 29, 2007, and its preliminary proxy statement dated November 6,
2007, as well is its definitive proxy statement when it becomes
available. About BGC BGC is a leading inter-dealer broker,
providing integrated voice and electronic execution and other
brokerage services to banks, brokerage houses and investment banks
for a broad range of global financial products including fixed
income securities, foreign exchange, equity derivatives, credit
derivatives, futures, structured products and other instruments.
This is complemented by market data products for selected financial
instruments. Named after fixed income trading innovator B. Gerald
Cantor, BGC has offices in London, New York, Copenhagen, Istanbul,
Nyon, Paris, Mexico City, Toronto, Hong Kong, Seoul, Singapore,
Sydney, Tokyo, Beijing (representative office). To learn more,
please visit www.bgcpartners.com.
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