Cantor Fitzgerald has bought the assets of Horizon Global Trading, a fixed-income software provider, from the New York Stock Exchange-listed telecoms carrier, IDT Corporation.

The terms of the deal were not disclosed, however under the same agreement Cantor's subsidiary, eSpeed, has been given a perpetual licence to use Horizon's repo trading software.

Natasha de Terán

BGC Partners

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Cantor acquires Horizon trading platform

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