FENICS® Professional Enhances Options Analysis at Woori Investments & Securities

First Security House in Korea to take GFI Group’s market-leading FX system

New York, December 14, 2009 – GFI Group Inc. (Nasdaq: “GFIG”) announced today that Woori Investments & Securities (Woori I&S), a pioneer in the Korean domestic securities market, has licensed FENICS® Professional, a pricing and risk management system for foreign exchange options.

The agreement allows Woori I&S to use FENICS® Professional for pricing, analysis and structuring of FX options, including exotic options. Woori I&S plans to expand their business scope in the FX options trading space that has traditionally been the domain for banks.

Keon-ho Kang, General Manager of Fixed Income, Currency and Commodities Derivatives Trading Department at Woori Investments said, “When starting out our FX options business, we naturally went for GFI FENICS®, as there is proven credibility in their ability to provide market pricing and accurate analysis. During the trial process, I have seen for myself that FENICS® Professional has enhanced product support for non-deliverable currencies such as the Korean Won.” “As an end-to-end solution, it provides the necessary tools such as a straight-through processing capability that caters for our future expansion”, he added.

 “We are very pleased to welcome Woori I&S as a customer” said Elliott Hann, Head of GFI FENICS® Sales for Asia Pacific “They are the first Korean securities house moving into this space and we are proud to be working with them in this initiative”.

Richard Brunt, Global Head of GFI FENICS®, added” GFI FENICS® continues to see strong growth in Asia from countries such as Korea, China and Taiwan. We are looking forward to expanding our presence in the region with additional hires in 2010, to ensure our growing client base will continue to receive the very best in support services”.
FENICS® Professional is a suite of pricing, trading, risk management and STP (straight-through processing) components allowing customers to monitor and oversee every aspect of their FX option trading and lifecycle management.
GFI FENICS® is licensed to over 350 clients worldwide including financial institutions and corporations, with thousands of users benefiting from its solutions.  

About GFI Group Inc. www.GFIgroup.com
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.

Fenics Software Limited is a wholly owned subsidiary of GFI Group Inc.
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®, GFI ForexMatch®, 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 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.

For any queries or additional information please contact:

Patricia Gutierrez
Vice President – Public Relations
GFI Group Inc.
55 Water Street, 28th Floor
New York, NY 10041
Tel: (212) 968 2964
Mob: (646) 717 4379

GFI Fenics® Ranked 2nd in FX Week’s 2009 Awards

Best Risk Management/Options Pricing Vendor Category

New York, December 3, 2009. ?In an annual survey conducted by the publication FX Week, GFI FENICS® was voted the number 2 best Risk Management/Options Pricing Vendor, up from number 3 in 2008.

FX Week surveyed over 6, 500 foreign exchange market professionals.

The full list of awards and awardees is featured in FX Week’s November 16, 2009 issue.