NEW YORK, NY, Sep 08, 2009 (MARKETWIRE via COMTEX) — GFI Group Inc. (NASDAQ: GFIG), a leading provider of wholesale brokerage, electronic execution and trading support products for global financial markets, has been ranked the number one credit derivative broker in Risk magazine’s 2009 annual interdealer survey.
In the results, released today, Risk Magazine named GFI as the most preferred inter-dealer broker in all 14 categories of credit derivative products based on GFI’s capability, innovation, service, liquidity and price. Over the past 12 years GFI has been ranked as the leading broker in more categories of credit derivatives than any other inter-dealer broker.
GFI operates a leading global electronic trading platform for credit derivatives “CreditMatch(R)” that displays credit default swaps and bond prices together on the same screen. GFI’s hybrid strategy, where users of CreditMatch(R) can also utilize experienced voice brokers to execute any trade, including large or bespoke orders, opens up more trading opportunities for its customers.
Colin Heffron, President of GFI, said, “We are honoured to know that we continue to enjoy the support of our customers; we strive to provide them with the best service, the most efficient and innovative technology and access to deep liquidity pools.”
GFI has been ranked the number one credit derivative broker in the geographical regions of Americas, Europe and Asia. The 19th Annual Risk Magazine survey was conducted during the month of July, 2009 and received over 1,200 votes from participants in the global wholesale banking market, more votes than in any of its previous editions.
About GFI Group Inc. www.GFIgroup.com
GFI Group Inc. (http://www.GFIgroup.com) is a leading provider of wholesale brokerage, electronic execution and trading support products for global financial markets. GFI Group Inc. provides brokerage services, market data, trading platform and analytics software products to institutional clients in markets for a range of credit, financial, equity and commodity instruments.
Headquartered in New York, GFI was founded in 1987 and employs more than 1,700 people with additional offices in London, Paris, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Dubai, Dublin, Tel Aviv, Calgary, Englewood (NJ) and Sugar Land (TX). GFI provides services and products to over 2,100 institutional clients, including leading investment and commercial banks, corporations, insurance companies and hedge funds. Its brands include GFI(TM), GFInet(R), CreditMatch(R), GFI ForexMatch(R), EnergyMatch(R), FENICS(R), Starsupply(R), Amerex(R), and Trayport(R).
Certain matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “might,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: acquisitions by us of businesses or technologies; economic, political and market factors affecting trading volumes, securities prices or demand for the Company’s brokerage services; competition from current and new competitors; the Company’s ability to attract and retain key personnel, including highly-qualified brokerage personnel; the Company’s ability to identify and develop new products and markets; changes in laws and regulations governing the Company’s business and operations or permissible activities; the Company’s ability to manage its international operations; financial difficulties experienced by the Company’s customers or key participants in the markets in which the Company focuses its brokerage services; the Company’s ability to keep up with technological changes; and uncertainties relating to litigation. Further information about factors that could affect the Company’s financial and other results is included in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For any queries or additional information please contact: Investor Relations Contact: GFI Group Inc. Christopher Giancarlo Executive Vice President - Corporate Development 212-968-2992 Email Contact Chris Ann Casaburri Investor Relations Manager 212-968-4167 Email Contact Media Contact: GFI Group Inc. Patricia Gutierrez Vice President - Public Relations Tel: (212) 968 2964 Mob: (646) 717 4379 Email Contact CAT=GF, IR, CR
SOURCE: GFI Group