Howard W. Lutnick, Chairman and CEO of Cantor Fitzgerald L.P. and eSpeed, Inc. [ESPD] ,
& H. Aaron Parekh, Director of The Cesar Augusto Murillo Memorial Fund Founder
Ring The NASDAQ Stock Market Opening Bell

Monday, July 18, 2005
at NASDAQ's MarketSite
in New York City.

Cantor Fitzgerald L.P. and eSpeed, Inc.

Howard W. Lutnick, Chairman and CEO of Cantor Fitzgerald L.P. and eSpeed, Inc. [ESPD] & H. Aaron Parekh, Director of The Cesar Augusto Murillo Memorial Fund Rings The NASDAQ Stock Market Opening Bell

Click for larger pictures of the NASDAQ MarketSite. Additional Photographs for 07/18/2005 Download Hi-Res Quality Photo of this NASDAQ Market Open - Pictured: Cantor Fitzgerald L.P. and eSpeed, Inc. [ESPD], Rings The NASDAQ Stock Market Opening Bell These photos are Copyright 2005, The Nasdaq Stock Market Inc. and available for re-publication by the news media only. Any commercial use is strictly prohibited without the prior written consent of The Nasdaq Stock Market Inc. © Copyright 2005, The NASDAQ Stock Market, Inc. Reprinted with the permission of The Nasdaq Stock Market, Inc.