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Cantor Fitzgerald’s eSpeed brings program trading to the realm of fixed income.

"Program trading is the future," says Fred Varacchi. It’s also the present, thanks largely to Varacchi and Cantor Fitzgerald’s eSpeed, the first (and currently only) electronic fixed-income trading platform that offers it.

"We’re the only marketplace supporting it right now," he says, "and that’s a huge advantage for us." In fact, every major client that hooks up to eSpeed’s API is doing it, says Varacchi, eSpeed’s

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