ESpeed and CBOT sign distribution agreement

CBOT's electronic futures markets will appear side by side with eSpeed's cash market-places for government securities and agencies, and will be available to eSpeed customers globally through eSpeed's new SuperQuad 5.0 technology release.

"ESpeed's tremendous distribution and liquidity across the global fixed-income landscape combined with their superior technology and customer service make them an ideal partner for the CBOT," said Bernard Dan, CBOT president and chief executive. "Their market-place expertise and robust technology will allow the CBOT to extend its market reach and add even greater liquidity to our own deep and liquid markets."

SuperQuads 5.0 enables traders to access benchmarks, off-the-runs, spreads and futures, in addition to a range of other fixed-income products, on a single screen. SuperQuads 5.0 is currently being distributed globally, with more than 500 users already having upgraded to the new application.