TradeSpark LP said it is resuming full electronic trading operations for all energy commodities from its back-up offices in New Jersey, only two weeks after its main offices in the World Trade Center were destroyed by terrorists.
The partnership formed by eSpeed, Inc., Cantor Fitzgerald and five of the largest energy producers/distributors, has offered voice-assisted brokerage of energy products for the last two weeks and will continue to do so to enhance its electronic marketplace.
“Our ability to bring critical systems back online within two weeks of the terrible events of Sept. 11 demonstrates the resolve of the people behind TradeSpark and the strength of the technology powered by eSpeed,” said Mike Williams, TradeSpark managing director. “Our ability to perform is what our customers have come to expect from the TradeSpark family.”
TradeSpark officials expressed their appreciation for the support received from energy trading participants and said they have an ongoing commitment to continue to expand the electronic marketplace. Contributions to support the families of TradeSpark, eSpeed and Cantor Fitzgerald affected by the tragedy may be made to the Cantor Fitzgerald Relief Fund, 101 Park Avenue, 45th Floor, New York, NY 10178-0060. Donations can also be made by calling 800/446-0500 or by going online at www.cantorrelief.org.
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