GFI, Amerex and Starsupply voted best in 2012 by market practitioners
New York, November 19, 2012 – GFI Group, Inc. (NYSE: “GFIG”), Amerex Brokers LLC and Starsupply have been voted Commodity Broker of the Year 2012 by Commodities Now magazine in this year’s Commodity Business Awards.
This is the third consecutive year GFI Group has received the prestigious award.
The Commodity Broker Award is presented to the traditional (non-position taking) commodities broker that has shown consistent innovation and product development over the last twelve months.
Colin Heffron, President of GFI Group, said: “During this period of rapid market evolution, GFI continues to guide our clients through the changing landscape while providing the highest quality service in trading both swaps and futures. It is an honor to receive this important award for three consecutive years. All of our staff at GFI, Amerex and Starsupply, our brokers, sales people, technology and ecommerce teams, are fully committed to delivering our clients the best that can be offered in the fast evolving commodities sector”.
The Award process entailed a submission to a panel of editors, from which they selected and drew a list of nominees, where market practitioners (worldwide) were then asked to vote for companies whom they believed deserved recognition and reward for advancing commodity business expertise.
GFI Group, Amerex and Starsupply provide access to global energy and commodities markets including power, natural gas and environmental commodities through a hybrid approach that combines voice brokering with state-of-the-art electronic trading platforms: EnergyMatch® and EnergyMatch® Europe.
About GFI Group Inc.
GFI Group Inc. (NYSE: “GFIG”) is a leading provider of wholesale brokerage services, clearing services, 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 fixed income, financial, equity and commodity instruments.
Headquartered in New York, GFI was founded in 1987 and employs more than 2,200 people with additional offices in London, Paris, Nyon, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Bogota, Dubai, Dublin, Tel Aviv, Calgary, Los Angeles and Sugar Land (TX). GFI Group Inc. provides services and products to over 2,600 institutional clients, including leading investment and commercial banks, corporations, insurance companies and hedge funds. Its brands include GFISM GFInet®, CreditMatch®, GFI ForexMatch®, EnergyMatch®, FENICS®, Starsupply®, Amerex®, Trayport® and Kyte®.
About Amerex Brokers LLC
Founded in 1978, Amerex is a leading over-the-counter energy brokerage offering services in electricity, natural gas, emission credits and allowances, renewable energy credits, retail energy procurement, energy consulting and energy data services.
From its office in Houston, Amerex offers liquidity and timely execution to meet the needs of a global client network of more than 1,000 firms including thousands of traders and risk management professionals. For additional information, please visit www.amerexenergy.com.
Amerex Brokers LLC is a wholly owned subsidiary of GFI Group Inc. (NYSE:GFIG), a leading inter-dealer broker specializing in over-the-counter derivatives products and related securities. GFI provides brokerage services, trading system software and market data and analytics software products for a range of credit, financial, equity and commodity instruments. GFI operates one of the largest OTC energy brokerage businesses in North America both directly and through its Amerex and StarSupply businesses.
Starsupply®, a division of GFI Brokers LLC and part of GFI Group Inc., is a leading US broker of oil and related derivative and option contracts. Based in New York, GFI’s Starsupply® division `brokers all physical oil products. These include products from unfinished oils, such as crude oil and refinery intermediates, to finished products such as gasoline, jet-fuel, heating-oil and petrochemicals. Starsupply® also brokers oil product financial derivatives. These include swaps and options on crude oils and petroleum products. Starsupply® offers intermediary services to commercial and financial institutions around the world including oil corporations, refiners, trading companies, investment banks, utilities and large end-users.
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; uncertainties relating to litigation and the Company’s ability to assess and integrate acquisition prospects. 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:
Vice President – Public Relations
GFI Group Inc.
55 Water Street, 28th Floor
New York, NY 10041
Tel: (212) 968 2964
Mob: (646) 717 4379
Vice President, Marketing & Data Services
Amerex Brokers LLC
One Sugar Creek Center Blvd., Suite 700
Sugar Land, TX 77478
Tel: (281) 340 5206