Aug, 13 2009
GFI Group’s Octagon Division Announces Key Hire to Its New York Operation Thu, 13 Aug 2009 16:47:02

Former CLSA head of sales trading joins asian equity division

New York August 13, 2009. ? Octagon, a division of GFI Securities LLC*, announced today that it has hired Eddie Bakker as Octagon’s Head of US Equity Sales trading. Mr. Bakker was previously at CLSA./Calyon Securities for six years where he held roles as Head of Sales Trading for the Asia and U.S. Equities.

Michael Conway, Managing Director of the Octagon Division, commented: “We continue to strengthen our U.S presence and are delighted with the addition of Eddie to our team”, and added,”he brings significant experience and client relationships enabling the growth of our franchise”.

GFI Group, through its Octagon divisions, provides global institutional clients with a suite of services for the Asian and North American equity markets from its offices in New York and Hong Kong.

This new addition to the equities team further strengths GFI’s global equity offering, serving clients from New York, London, Dublin, Hong Kong, Paris and Tokyo.

*GFI Securities LLC is a subsidiary of GFI Group (Nasdaq: “GFIG”).

About GFI Group Inc. 
GFI Group Inc. ( 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™, GFInet?, CreditMatch? (R), GFI ForexMatch? (R), EnergyMatch?, FENICS?, Starsupply?, Amerex?, and Trayport?.

Forward-looking statement 
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.