GFI Group and Nittan Extend Use of GFI Fenics® FX

Asian broker adds GFI’s Exotics Math, renews agreement

New York, September 16, 2009 – GFI Group (Nasdaq: ‘GFIG’) and Nittan Capital Asia (Nittan), a leading inter-dealer broker specializing in financial derivatives between banks and authorized financial institutions worldwide, have extended their agreement for the use by Nittan of GFI Fenics FX, a pricing and risk management system for foreign exchange options. This extended agreement includes Fenics Exotic Math pricing tool.
Fenics Exotic Math enables Nittan to price a range of exotic option types with confidence by applying math models that are backed up by white papers and widely used in the market.

Denis Cheung, Managing Director at Nittan said, “We have used FENICS since 2006, and have confidence in using FENICS FX as a benchmark for FX options. The Exotic Math offering to our entire brokerage desk will allow us to price up not only Vanilla, but Exotic FX options effectively to our clients.

“We are very happy to prolong our relationship with Nittan” said Elliott Hann, Head of Fenics sales for GFI in the region “their continued use of GFI Fenics FX emphasizes the fact that Fenics FX is recognized as the preferred platform, that brokers and banks alike turn to for fast and accurate price discovery.”

GFI Fenics is licensed to over 350 clients worldwide, 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, Dubai, Dublin, Hong Kong, Shanghai, Tokyo, Singapore, Sydney, Seoul, Cape Town, Calgary, Englewood (NJ), and Sugar Land (TX). GFI provides services and products to over 2,200 institutional clients, including leading 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 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
[email protected]

 

CBRE & GFI Announce Launch Of New Fund Trading Portal Property Match™

Latest initiative set to stimulate market for unlisted property funds

London, 09 September 2009 – CB Richard Ellis (“CBRE”) and GFI Group ((Nasdaq: “GFIG) today announce the launch of a new screen-based secondary trading portal dedicated to unlisted real estate funds – Property Match.

The objective of the portal is to improve price discovery for buyers and sellers of unlisted funds, thereby enhancing both transparency and liquidity. After its first live trading day on 1st September, the screen saw pricing for more than 15 funds with more than £100 million firm prices.

Commenting on the new platform, Paul Robinson, Executive Director of CBRE Real Estate Finance, said:

“Over the course of the past few years, investors across the globe have had to sit on the sidelines watching the value of their investments erode, inhibited by the closed-ended nature of the vehicle, or by the suspension of redemption windows in otherwise open-ended funds. Throughout this cycle there have been investors willing to accept losses for liquidity and others willing to take on that risk at a price, but the mediums for communicating their interest have proved to be inadequate under the stress.

“As the market moves into a bottoming phase and risk appetite returns, having a pricing window will hasten the recovery process, narrowing bid/offer spreads and ultimately enabling managers to issue new equity. All other markets, whether listed or not, have some form of common pricing portal. Why should property be any different?”

Latest research from Property Fund Research estimates that the unlisted real estate market, predominantly made up of Property Open-Ended Investment Companies (OEICs) and property unit trusts (PUTS), currently comprises £89 billion of assets (gross asset value), approximately half the size of EPRA. Whilst the latter trades more than twice the size of its free float annually, less than 10% of the unlisted sector will trade annually.

Welcoming the launch of Property Match, Phil Clark, Chairman of the Investment Property Forum Indirect Funds Group and European Head of Property Investment at AEGON Asset Management, said:

“This is a very important step for the indirect fund industry towards creating greater transparency and liquidity within the indirect property funds market. I am delighted about CBRE-GFI’s initiative in creating such a beneficial trading portal.”

About CB Richard Ellis

CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2008 revenue). The Company has more than 30,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CB Richard Ellis has been named a BusinessWeek 50 “best in class” company three years in a row and a Fortune 100 fastest growing company two years in a row. Please visit our website at www.cbre.com.

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®.

About the CBRE-GFI partnership

CB Richard Ellis Group has been collaborating with GFI Group over the past five years in the development of a highly successful property derivatives business platform. Both parties believe there to be synergies for the development of this and other areas of the real estate business, with the indirect market being one such example.

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.

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
[email protected]
 

GFI Group Inc. Named Top Credit Derivatives Broker for 2009 Ranked No. 1 in All 14 Credit Derivative Categories by Risk Magazine

GFI Voted the Preferred Credit Derivatives Broker by Dealers

NEW YORK, NY, Sep 08, 2009 (MARKETWIRE via COMTEX) — GFI Group Inc. (NASDAQ: GFIG), a leading provider of wholesale brokerage, electronic execution and trading support products for global financial markets, has been ranked the number one credit derivative broker in Risk magazine’s 2009 annual interdealer survey.

In the results, released today, Risk Magazine named GFI as the most preferred inter-dealer broker in all 14 categories of credit derivative products based on GFI’s capability, innovation, service, liquidity and price. Over the past 12 years GFI has been ranked as the leading broker in more categories of credit derivatives than any other inter-dealer broker.

GFI operates a leading global electronic trading platform for credit derivatives “CreditMatch(R)” that displays credit default swaps and bond prices together on the same screen. GFI’s hybrid strategy, where users of CreditMatch(R) can also utilize experienced voice brokers to execute any trade, including large or bespoke orders, opens up more trading opportunities for its customers.

Colin Heffron, President of GFI, said, “We are honoured to know that we continue to enjoy the support of our customers; we strive to provide them with the best service, the most efficient and innovative technology and access to deep liquidity pools.”

GFI has been ranked the number one credit derivative broker in the geographical regions of Americas, Europe and Asia. The 19th Annual Risk Magazine survey was conducted during the month of July, 2009 and received over 1,200 votes from participants in the global wholesale banking market, more votes than in any of its previous editions.

About GFI Group Inc. www.GFIgroup.com

GFI Group Inc. (http://www.GFIgroup.com) 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(TM), 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 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.

For any queries or additional information please contact:

Investor Relations Contact:
GFI Group Inc.
Christopher Giancarlo
Executive Vice President - Corporate Development
212-968-2992
Email Contact

Chris Ann Casaburri
Investor Relations Manager
212-968-4167
Email Contact

Media Contact:
GFI Group Inc.
Patricia Gutierrez
Vice President - Public Relations
Tel: (212) 968 2964
Mob: (646) 717 4379
Email Contact

CAT=GF, IR, CR


SOURCE: GFI Group

GFI Group and Quick Corp. Extend Collaboration Agreement

QUICK offers GFI FX Options market data to its clients

New York, August 31, 2009 -GFI Group Inc. (Nasdaq: “GFIG”) and QUICK Corp. of Japan have extended their long-standing relationship whereby GFI’s FX Options market data is made available to QUICK terminal users in Japan.

GFI FX Options Volatility data licencing and distribution via QUICK terminals is extended for another two years. At the heart of this agreement is a new sales and distribution partnership between GFI and QUICK for application usage. The partnership will enable QUICK’s clients to download GFI data into their own systems, for example their risk management system, and to perform in-depth analysis using GFI’s data outside the desktop terminal for the first time.

Elliott Hann, GFI’s Head of Data Sales in Asia, stated: “We are delighted to have extended our relationship with QUICK that enables their clients in Japan to have access to our high quality price information” and added, “we have seen for some time now an increasing demand globally for GFI’s market data services to be used in off-desktop business areas such as risk management, pricing and valuations The new aspect of this agreement will allow QUICK’s clients in Japan to benefit from this demand”.

Yasunori Hanamiya, Executive General Manager of QUICK Corp. said, “QUICK Corp. is also pleased to enter into a new agreement with GFI, which opens the way for our customers to use GFI market data outside of the QUICK terminal and allow them more flexibility. We believe this will certainly help us to catch up with increasingly diversified requirement of our clients today.

QUICK Corp. is the principal Japanese financial information vendor and a financial information provider in the Nikkei Group. It supplies information to customers in the securities and financial markets. Their service offer includes Japanese, Asian and Global real-time financial information, as well as news and historical information.

The new agreement becomes effective October 1st, 2009.

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®.

About QUICK Corp.

QUICK Corp. (http://corporate.quick.co.jp) is Japan’s comprehensive information vendor and a financial information provider in the Nikkei Group. It provides trustworthy information from a fair and neutral standpoint to customers. QUICK’s service includes Japanese, Asian and Global real-time financial information, as well as news and historical information. In addition it furnishes a wide range of solutions for financial information that support tasks from analysis, order routing and asset management through to network installation and management. Headquartered in Tokyo, QUICK was founded in 1971 with additional offices in Osaka, Nagoya, Fukuoka, New York, London, Hong Kong, and Shanghai. QUICK provides services and products. Its brands include QUICK LevelX, QUICK ActiveManager, Astra Manager, and Astra Consultant. All these brands are registered as a trademark.

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: 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
[email protected]
 

Wholesale Markets Brokers’ Association – Americas

Statement on U.S. Treasury Department’s Release of Proposed “Over-The-Counter Derivatives Act of 2009”

The WMBA-Americas welcomes the Treasury Department’s comprehensive plan for a more robust, transparent and sound framework for the regulation of the over-the-counter derivatives markets.  As global wholesale brokers of over-the-counter derivatives, we are encouraged to see that the proposal avoids a “one size fits all” approach and maintains a competitive environment by creating the regulatory classification of Alternative Swap Execution Facilities through which wholesale interdealer brokers with a range of trading facilities will continue to provide swap dealers and other sophisticated market participants with competing execution services.  We stand ready to work with the Administration and Congress to fine tune efforts to improve safety, preserve competition and enhance liquidity in these important markets essential to economic recovery.

Wholesale Markets Brokers’ Association Americas
The Wholesale Markets Brokers’ Association (WMBA Americas) is an independent industry body representing the largest inter-dealer brokers (IDBs) operating in the North American wholesale markets across a broad range of financial products.  Its members include BGC Partners, Inc.; GFI Group, Inc.; ICAP; TFS Tradition Financial Services; and Tullett-Prebon Inc.

 

GFI Group’s Octagon Division Announces Key Hire to Its New York Operation

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. www.GFIgroup.com 
GFI Group Inc. (http://www.GFIgroup.com) 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.

GFI Group Sets Up European Special Situations Group

Former JP Morgan team joins to cover EMEA event driven situations

New York July 20, 2009. – GFI Group (Nasdaq: “GFIG”) has created a new European “Special Situations Group” (SSG) to focus on agency execution and trading strategies in the equity markets and the opportunities arising from European M&A, and other relative value situations.  The focus of the group’s work will be on event driven situations that include but are not limited to pre and post announced M&A, spin offs, cross capital  structure, share class, stubs and holding company transactions.

The new team headed by Richard Royden is based in London and includes Bo Nordberg and Dan Oakes.

The combination of GFI Group’s significant position in the single name CDS market  and its strength in the power, energy, freight, property and commodities businesses and SSG’s equity market knowledge and banking relationships creates an opportunity for cross asset class investment analysis as well as impartial and unrestricted M&A and restructuring research. GFI Group provides an agency execution platform for equities, OTC and listed equity derivatives unaffected by the conflicts of interests associated with combining investment banking, corporate advisory, and proprietary trading with an agency broker.

 “The incorporation of this seasoned team led by Richard Royden adds yet more depth to our equities offering” said James Martin, Managing Director London. “Our clients will benefit from research, sales and trading in European event driven situations free from any conflict of interest” he added.

Richard Royden joins from JP Morgan and has 20 years finance experience in equities, derivatives and investment banking that includes running HSBC’s equity derivatives and relative value businesses in New York, and more recently he headed the European merger arbitrage group at UBS as well as co-founded UBS’ Alternative Capital Group in 2006 that provided investment banking coverage for hedge funds.

Dan Oakes joins from JP Morgan with 10 years of finance experience in equities. Dan worked on the Risk Arbitrage and Relative Value desk at Bear Stearns prior to joining JPM.

Bo Nordberg joins from JP Morgan and has 8 years finance experience in equities having been with Deutsche Bank’s Special & Relative Value Situations research desk prior to joining JP Morgan.

The new team which will be working within the Christopher Street Capital group, is an important investment to the Group’s global equities offering serving clients from New York, London, Dublin, Hong Kong, Paris and Tokyo.

About GFI Group Inc. www.GFIgroup.com
GFI Group Inc. (http://www.GFIgroup.com) 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, 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.

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
[email protected]
 

GFI ForexMatch® Awarded Best FX Option Trading Platform by Profit and Loss Magazine

GFI FX Options trading platform wins award two years running

New York, June 24th 2009 – Profit & Loss magazine presented its Digital Markets Awards 2009 during a dinner held in New York to celebrate the magazine’s tenth anniversary. The award for Best FX Options Trading Platform was given to GFI Group’s ForexMatch®.

GFI ForexMatch® is GFI’s electronic system for FX option trading. It supports GFI’s hybrid brokerage model, combining traditional voice brokerage services with sophisticated electronic trading technology. GFI ForexMatch® streamlines price discovery, enables FX instruments to be traded online and allows the analysis of market trends with the latest independent prices.

Nick Brown, Managing Director, Head of Financial Brokerage North America said; “We are very happy to accept this award from a leading industry publication; an award that was voted for by our peers” and added “This reflects GFI’s commitment to developing award winning trading platforms across the gamut of our product range.”

ForexMatch® now includes the entire workflow for pricing an interest, requesting prices from the market, trade execution and confirmation. The platform also offers a bi-directional trading API that enables client-side trading applications to get electronic access to live market prices. Clients can therefore link algorithmic or ‘black box’ trading to GFI ForexMatch® which adds liquidity to the market.

GFI ForexMatch® connects directly to FENICS® FX, GFI’s platform for pricing, analysing and managing currency option positions. This allows for a ready-made STP solution through which customers can pass trade details for further analysis, trade confirmation and accounting entries.

GFI’s other trading platforms include CreditMatch®, EnergyMatch® and Trayport®.

This the second consecutive year ForexMatch® received the award for Best FX Trading Platform.

About GFI Group Inc. www.GFIgroup.com

GFI Group Inc. (http://www.GFIgroup.com) 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, 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(TM), 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 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.

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
[email protected]
 

GFI Group Invited by the Japan Securities Clearing Corporation and the Tokyo Stock Exchange to Join OTC Working Group

GFI contributes to the building of OTC Clearing in Japan

New York June 23, 2009. – GFI Group (Nasdaq: “GFIG”) is honoured to have been asked by the Japan Securities Clearing Corporation (JSCC) and Tokyo Stock Exchange, Inc. (TSE) to join the Working Group set up in May for the design of a central counterparty to clear over-the-counter derivatives.

The JSCC and TSE Working Group, set up in accordance with the report released from the Study Group on post-trade processing of OTC derivatives trades on March 27th, 2009, is comprised of 16 members. GFI Group, through its subsidiary GFI Securities Limited -Tokyo Branch, is the only inter-dealer broker serving in the Working Group. Other members are major Japanese and international banks and securities houses.

The objective of the Group is the creation of a detailed central counterparty functionality for the purpose of launching a clearing service for interest rate swaps (IRS) and credit default swaps (CDS).

The JSCC will develop clearing operations for OTC derivatives trades based on the conclusions of the Working Group.

GFI Group, via GFI Securities Limited Tokyo Branch, operates an interactive electronic trading platform for CDS in Japan- CreditMatch®.

CreditMatch® trades credit derivatives and cash bonds. It forms a key part of GFI’s hybrid brokerage model, serving the market from its operations in New York, London, Sydney, Tokyo, Singapore and Hong Kong and working alongside GFI’s credit brokers from each of these offices.

CreditMatch® displays CDS and bond prices together on the same screen giving users more information about related markets. CreditMatch® offers STP through a real-time API service. These STP solutions improve trade processing efficiency making trading capture faster and more cost effective.

About GFI Group Inc. www.GFIgroup.com

GFI Group Inc. (http://www.GFIgroup.com) 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, 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(TM), 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 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.

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
[email protected]
 

GFI Fenics® Expands FX Options Capability at the Commonwealth Bank of Australia

Australian Bank deploys GFI Group’s FENICS® FX Enterprise

New York, 16 June 2009 – GFI Group (Nasdaq: ‘GFIG’) announced today that the Commonwealth Bank of Australia (CBA) has deployed GFI FENICS® Enterprise Edition from GFI Group, Inc. FENICS® Enterprise is the market-leading FX system which provides CBA with expanded level of technology to service their options business.

FENICS® Enterprise Edition, an advanced suite of products launched in 2008, allows CBA to embed FENICS® into their own customized spreadsheets and web UI’s (user interface).  This makes pricing and analyzing options more efficient through a tailored front end for the CBA options team based on a combination of FENICS® and CBA Math models.

Ben McMillan, Global Head of FX at CBA said, “We have found the flexibility offered by FENICS® Enterprise to be key in enhancing our operations”. “We opted for FENICS® Enterprise as it provides us with open analysis tools that interact with and connect to our in house systems and models seamlessly”, he added.

 “We are very pleased to provide FENICS® Enterprise for CBA in Sydney as well as across their branches in Asia, Europe and the Americas” said Elliott Hann, GFI FENICS® Head of Sales for Asia Pacific.  “FENICS® Enterprise opens a myriad of potential applications not only for our immediate clients but also to their own customers; we are excited about the potential of this product”

GFI FENICS? FX is licensed to over 350 clients worldwide, financial institutions and corporations, with thousands of users benefiting from its solutions.

About GFI Group Inc. www.GFIgroup.com
GFI Group Inc. (http://www.GFIgroup.com) 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, 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(TM), 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 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.

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
[email protected]