Howard Lutnick Shares His Views On Marketplace Dynamics – Financial Times

Financial Times, November 14, 2007

Inaugural Financial Times ‘Electric Money’ Conference

A keynote speaker at the “Financial Times’ Electric Money Conference: Trading in the 21st Century” on November 14, 2007, Howard Lutnick, Chairman and CEO of Cantor Fitzgerald, noted that the planned merger of eSpeed and BGC will create a world leader in integrated voice and electronic brokerage.  He described the commitment to innovative technology that is shared among Cantor’s portfolio of diverse businesses.  And, he portrayed the dynamic cycle of the marketplace, in which the introduction of new financial wwwucts leads to more electronic trading and increases in transaction speeds, in turn generating volume growth and leading to continuous expansion of the markets.