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Cantor Fitzgerald To Offer Market Professionals Real-Time Wireless Market Data Via Sprint’s BlackBerry 7520 from Nextel Devices

NEW YORK, NY − November 14, 2005 − Cantor Market Data, LLC, a subsidiary of Cantor Fitzgerald, L.P., and the exclusive source of real-time fixed-income pricing and data sourced from eSpeed markets for U.S. and European government securities, announced today that market professionals can now wirelessly access and view time-critical market data and analytics on Sprint’s BlackBerry® 7520™ handheld device. As part of its benchmark U.S. Treasury real-time data service, Cantor plans on providing its wireless content as well as the BlackBerry 7520 device at no additional charge to both existing and new market data terminal subscribers. Standard Nextel voice and data price plan charges associated with this service will apply.

Cantor Market Data’s wireless solution is available over the Nextel National Network and utilizes the same sophisticated technology as eSpeed, Inc., which launched the first wireless market data and trading solution for institutional trading of benchmark U.S. Treasury bond issues earlier this year. Cantor Market Data’s wireless solution provides market participants with one of the fastest ways to obtain real-time market data and analytics for the U.S. government bond markets when they need it, without being restricted to their desktops.

“We are delighted that our customers can now wirelessly access time-critical market data that they currently subscribe to,” said Bernie Weinstein, Cantor Fitzgerald’s Senior Managing Director for Cantor Market Data. “Cantor Market Data continues to be at the forefront of providing the highest quality, need-to-have information to our customers when and where they want it.”

Brent Wilkins, Managing Director of Cantor Fitzgerald Telecom Services, LLC added, “Joining with Sprint to offer a revolutionary product designed to aid market professionals away from the office, while providing a secure way to view market data, exemplifies how we continue to innovate value-added solutions for our customers. Cantor Market Data and Sprint have freed market participants to obtain timely data, without being restricted to their desktops.”

Sprint’s BlackBerry 7520™ from Nextel integrates Nextel Nationwide Walkie-Talkie, speakerphone, Bluetooth® technology and email capabilities for a true mobile office experience. All market data and analytics data provided through the Cantor Market Data wireless solution is secured through 128 bit end-to-end encryption.

About Cantor Market Data, LLC

Cantor Market Data, LLC is a subsidiary of Cantor Fitzgerald, L.P., and the exclusive source of real-time fixed income pricing and data derived from eSpeed for U.S. and European Government Securities. Cantor Fitzgerald first pioneered live pricing data for fixed income markets 30 years ago, and Cantor Market Data now boasts the highest volume of any data source, with data priced from approximately $200 billion in daily fixed income transactions. Information services from Cantor Market Data are available on Bloomberg, Reuters, CQG, Thomson, Infotec and on our website, www.cantordirect.com. Volume users may also subscribe to Cantor Direct, a direct feed from Cantor Market Data. For more information, in the US call 212 829 4840, in Europe call +44 207 894-8587, in Tokyo call +81 3 3519 9148, in Hong Kong call +852 3477 7700, in Singapore call +65 6336 0594 or visit our website at www.cantordirect.com

About Cantor Fitzgerald Telecom Services, LLC

Cantor Fitzgerald Telecom Services, LLC (Cantor Telecom) is a leading provider of secure wireless and wireline telecommunications services for the financial and entertainment marketplaces delivering mission critical information and services that support the global trading infrastructure for Cantor Fitzgerald, L.P., its subsidiaries, and its clients.

Media Contact:

Michael Geller Cantor Fitzgerald, L.P. 212-610-2430

mgeller@cantor.com

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