Mar, 22 2010
GFI Group Appoints New Head of US Equities Brokerage Mon, 22 Mar 2010 16:10:28

US Equities Will Serve Institutional-Investor Clients in US and Abroad

NEW YORK, NY, Mar 22, 2010 (MARKETWIRE via COMTEX) — GFI Group (NASDAQ: GFIG) has appointed Robert Roberto as Head of Equities North America. Mr. Roberto joins GFI Group from Knight Trading Group where he was Managing Director and headed the Institutional Sales Trading Group. Prior to that Mr. Roberto was head of International Sales Trading at Salomon Smith Barney.

GFI US Equities group provides a wide range of solutions for trading equities. GFI’s hybrid model offers clients electronic and broker assisted execution in both listed and OTC equities and equity derivatives, with connections to all the major exchanges. From its desks in New York, London, Paris, Hong Kong and Tokyo, GFI delivers seamless access to liquidity as well as a host of value added services from bespoke research to corporate access.

“Robert is a highly respected and experienced addition to our company. We are very pleased he is joining our seasoned equities group and adding yet more depth to our equities offering,” said Ron Levi, GFI Group Chief Operating Officer.

Also joining GFI and reporting to Mr. Roberto are Anthony Belluzzi, Meghan Re and Marian Gitlin. Together they bring over 50 years of equity sales experience to the Group.

GFI Group’s equity desks are renowned for their excellence, winning No.1 Equity Index Options category in Risk magazine’s annual inter-dealer survey in 2008, winning No.1 Equity Derivatives category overall in 2006 and coming 2nd overall in 2007 and 2005.

About GFI Group Inc.

GFI Group Inc. (NASDAQ: GFIG) 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 Group Inc. 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(SM), GFInet(R), CreditMatch(R), GFI ForexMatch(R), EnergyMatch(R), FENICS(R), Starsupply(R), Amerex(R), and Trayport(R).

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 GFI Group Inc. (the “Company”) and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: 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.

SOURCE: GFI Group Inc.