eSpeed, Inc. Hosts Fifth Global Charity Poker Event in Chicago

eSpeed, Inc. (NASDAQ: ESPD), a leading developer of electronic marketplaces and related trading technology for the global capital markets, announced that another successful Texas Hold ‘Em charity poker event was held to raise money for charity in one of the many communities in which it does business. The November 8th event at Fulton’s on the River, Chicago, was attended by approximately 200 futures and government bond trading customers of eSpeed. Participants were given a bank of "charity chips” to begin the tournament with the $10,000 prize money donated to a charity of the winner’s choice. The eSpeed Texas Hold ‘Em tournament follows a series of successful worldwide charity events jointly hosted with eSpeed’s affiliate, global interdealer broker BGC, for customers in Chicago, New York, London and Paris. The winning trader from Breakwater Trading, LLC selected Soccer Minds, a charitable organization that promotes education and athletic opportunities for economically disadvantaged children. Paul Saltzman, Chief Operating Officer of eSpeed, Inc., said, "As part of our philanthropic commitment to give back to the communities where we work and live, eSpeed is pleased to partner with our customers to reciprocate the goodwill that has been shown to us over the years. We’d like to thank our customers once again for taking part in this memorable and worthwhile event.” Tom Rubio, Chairman of Soccer Minds said, "We would like to thank eSpeed for its generous donation and thank Breakwater for donating their winnings from eSpeed’s charity poker tournament. We are grateful to both Breakwater and eSpeed for contributing to our cause of promoting education and athletic opportunities for economically disadvantaged youth through the pursuit of soccer.” Cantor Fitzgerald, L.P. and its affiliates, which include eSpeed, Inc. and BGC, held their Second Annual Global Charity Day on September 11, 2006, raising over $5 million, all of which was donated to a variety of global charities. About eSpeed, Inc. eSpeed, Inc. (NASDAQ: ESPD) is a leader in developing and deploying electronic marketplaces and related trading technology that offers traders access to the most liquid, efficient and neutral financial markets in the world. eSpeed operates multiple buyer, multiple seller real-time electronic marketplaces for the global capital markets, including the world's largest government bond markets and other fixed income and foreign exchange marketplaces. eSpeed's suite of marketplace tools provides end-to-end transaction solutions for the purchase and sale of financial products over eSpeed's global private network or via the Internet. eSpeed's neutral platform, reliable network, straight-through processing and superior products make it the trusted source for electronic trading at the world's largest fixed income and foreign exchange trading firms and major exchanges. To learn more, please visit www.espeed.com. The information in this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based upon current expectations that involve risks and uncertainties. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Our actual results and the timing of certain events may differ significantly from the results discussed in the forward-looking statements. Factors that might cause or contribute to such a discrepancy include, but are not limited to, our relationship with Cantor Fitzgerald and its affiliates, the costs and expenses of developing, maintaining and protecting our intellectual property, including judgments or settlements paid or received and their related costs, the possibility of future losses and negative cash flow from operations, the effect of market conditions, including trading volume and volatility, our pricing strategy and that of our competitors, our ability to develop new products and services, to enter new markets, to secure and maintain market share, to enter into marketing and strategic alliances, to hire new personnel, to expand the use of our electronic system, to induce clients to use our marketplaces and services and to effectively manage any growth we achieve, the effects of the attacks on the World Trade Center on September 11, 2001, and other factors that are discussed under "Risk Factors" in eSpeed’s Annual Report on Form 10-K filed with the Securities and Exchange Commission. We believe that all forward-looking statements are based upon reasonable assumptions when made; however, we caution that it is impossible to predict actual results or outcomes or the effects of risks, uncertainties or other factors on anticipated results or outcomes and that, accordingly, you should not place undue reliance on these statements. Forward-looking statements speak only as of the date when made, and we undertake no obligation to update these statements in light of subsequent events or developments. Actual results and outcomes may differ materially from anticipated results or outcomes discussed in forward-looking statements.