Brokerages/Wall Street

eSpeed Runs on Takeout Talk

 

Chapman referred to his public statements when asked for comment.

In a statement last week, Lutnick said in naming a chief ethics officer at Cantor, "Our unwavering commitment to excellence in client service is matched by the fundamental value we place on best-in-class ethics and compliance."

Run by Terry Smith, Tullett two years ago made another failed run to acquire eSpeed. That move might have created friction between Smith and Lutnick.

Tullett is suing BGC in Singapore over a raiding of about 55 of its brokers and BGC has filed a countersuit, according to reports.

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