PRESS RELEASE

Cantor Market Data Expands European Government Bond Prices To Include Spain, Belgium and The Netherlands

Free Trial Available on Bloomberg and Reuters

London, February 19, 2003 - Cantor Market Data, a division of Cantor Fitzgerald and the exclusive source of real-time fixed income pricing and data derived from eSpeed for U.S. and European Government Securities, today announced that it has expanded its coverage of the European Government Bond market with the most liquid, real-time price information available for the Spanish, Dutch and Belgian markets. These countries complement Cantor Market Data's existing prices for the French, Italian and German markets, creating a comprehensive data source for the most actively traded markets across Europe.

Cantor Market Data's European Government Bond Composite Pages are now available on Reuters at <CANTOR20> and <CANTOR23>, and on Bloomberg at CNTR15. Both are currently offering a two week free trial that can be activated by your Reuters or Bloomberg representative or by calling Cantor Market Data.

In addition, Cantor Market Data currently makes Cantor Fitzgerald's market-leading Euribor Interest Rate Swap and Basis Swap markets real time pricing information available free of charge via Reuters on pages <CANTOR21> and <CANTOR22> respectively.

"Cantor Market Data customers can now see the real markets for three more important countries and we will continue to expand our product offering to leverage the full spectrum of eSpeed's unparalleled benchmark fixed income prices," said Jeffrey Bandman, Senior Vice President, Cantor Fitzgerald. "By maximising liquidity and quality, we ensure that market professionals can make the most informed decisions, whether their need for real-time pricing is for trading, sales or portfolio management."

About Cantor Market Data
Cantor Market Data is a division of Cantor Fitzgerald 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 $200 billion in daily fixed income transactions. Cantor Market Data is available on Bloomberg, Reuters, CQG, Thomson ILX and on our website, www.cantordata.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 7045 or visit our website at www.cantordata.com.


Media Contacts:

Timo Kindred
Cantor Fitzgerald
Tel: 020 7894 7292
Charlotte O'Brien / James Horsman
Edelman Public Relations
Tel: 020 7344 4688 /