Fenics® Voted Best Risk Management System
New York, June 3, 2014 – GFI Group Inc. (NYSE: “GFIG”), a leading intermediary in the global OTC and listed markets, today announced that GFI ForexMatch®, its electronic market for FX products, has received 3 awards from Profit & Loss, having been voted by the publication’s readers Best FX Options Platform, Best Emerging Market Platform and Best NDF Platform.
In addition, FENICS®, a provider of risk management software for FX options and part of the GFI Group, was voted Best Risk Management System by Profit & Loss magazine readers.
Profit & Loss magazine announced the winners of its Annual Readers’ Choice Awards on May 29, 2014 during the dinner held at the close of their Annual New York conference.
Colin Heffron, CEO of GFI Group said: “We are honoured that our electronic trading platforms for FX and our risk management system have been voted top of their category by the readers of Profit & Loss magazine. We have been investing in both our technology and our staff for many years to offer our clients top level quality FX products to service both their risk management and trading needs”.
Heffron added: “I share this distinction with our highly dedicated FX team both at GFI and at FENICS who work hard to provide excellent service”.
For the seventh consecutive year, Profit & Loss opened its website in May for readers to vote for the best bank, broker and service provider across 15 key categories.
The Awards are open to both banks and non-banking organizations and recognize the efforts of the industry in providing the tools and functionality that make trading FX more efficient.
About GFI Group Inc.
GFI Group Inc. (NYSE: GFIG) is a leading intermediary in the global OTC and Listed markets offering an array of sophisticated trading technologies and products to a broad range of financial market participants. More than 2,500 institutional clients benefit from GFI’s know-how and experience in operating electronic and hybrid markets for cash and derivative products across multiple asset classes, including fixed income, interest rates, foreign exchange, equities, energy and commodities. GFI’s brands include Trayport®, a leading provider of trading solutions for energy markets worldwide and FENICS ®, a market leader in FX options software.
Founded in 1987 and headquartered in New York, GFI employs over 2,000 people globally, with additional offices in London, Paris, Nyon, Dublin, Madrid, Sugar Land (TX), Hong Kong, Tel Aviv, Dubai, Manila, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Bogota, Buenos Aires, Lima and Mexico City.
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