Month: September 2008

London – September 29th 2008 – GarantiBank International NV, a Dutch bank, has taken a three-year licence for FENICS FX – FX options pricing and risk management software from GFI (Nasdaq: GFIG).

Atilla Burmali, senior system analyst at GarantiBank said, ““The bank needed better security and transparency for revaluing and managing its forex options positions. We can perform instant revaluations ourselves, using FENICS FX, rather than having to use an external supplier with delayed revaluation, which is very important in volatile markets. With FENICS FX, we can also control the market data that we use – a great improvement on the bank’s previous set-up.”

GarantiBank has licensed FENICS FX’s Pricing, Analysis, Security Management Module, Live Rates and Exotics Maths. The bank is also using the FENICS STP connection for integration of FX options positions from its corporate banking and risk management system.

GarantiBank signed for FENICS FX in July and went live that month.

About GFI Group Inc. www.GFIgroup.com

GFI Group Inc. (www.GFIgroup.com) is a leading inter-dealer broker specializing in over-the-counter derivatives products and related securities. GFI Group Inc. provides brokerage services, market data and trading platform and analytics software 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, Tel Aviv, Dublin, Dubai, 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 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 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.

CAT=GF, TE, FX

Alan Bright
PR Manager
GFI Group Inc.
+ 44 (0)20 7877 8049
alan.bright@gfigroup.co.uk

New York, Sept 29, 2008 – GFI Group Inc. (GFIG on NASDAQ) and Prism Valuation Inc, a provider of valuation and risk management services, have signed a multi-year agreement for Prism to use GFI credit derivatives data in its valuation services.

Greg Cripps, president and ceo of Prism Valuation Inc. said, “We are very happy to be using GFI data. We firmly believe that GFI’s high-quality, truly representative, independent data is key to providing effective structured product valuation services.” “GFI’s credit market data, sourced from CreditMatch, GFI’s award-winning electronic trading platform, reflects real market prices, where counterparties are prepared to commit capital, rather than consensus or aggregated data,” said Philip Winstone, global head of data sales at GFI. “We believe our partnership with Prism Valuation cements GFI data as a vital ingredient in determining the value of credit derivative positions.”

For more on GFI’s market data go to www.gfigroup.com/marketdata.

GFI Group is consistently named top credit derivatives inter-dealer broker in Risk magazine’s annual rankings. For more on Prism Valuation Inc. go to www.prismvaluation.com

About GFI Group Inc.

GFI Group Inc. (www.GFIgroup.com) is a leading inter-dealer broker specializing in over-the-counter derivatives products and related securities. GFI Group Inc. provides brokerage services, market data and trading platform and analytics software 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, Tel Aviv, Dublin, Dubai, 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 investment and commercial banks, corporations, insurance companies and hedge funds. Its brands include GFI™, GFInet®, CreditMatch®, GFI ForexMatch®, EnergyMatch®, GFI FENICS®, GFI FENICS® FX, GFI FENICS™ Enterprise, 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.

CAT= DA, CR

Alan Bright
PR Manager
GFI Group Inc.
+ 44 (0)20 7877 8049
alan.bright@gfigroup.co.uk

New York, Sep 24, 2008 – GFI Group Inc. (GFIG on NASDAQ) has released FENICS Enterprise, available through FENICS FX 11.1 – the latest version of its award-winning pricing and risk management software. FENICS Enterprise is a suite of separately-licensed server components that enable clients to view prices and analytical reports generated by FENICS FX over the internet or a company intranet. “FENICS Enterprise moves FENICS pricing and analytics functionality to where our clients need that capacity,” said Richard Brunt, global head of FENICS at GFI. “Clients can use the server components of FENICS FX and integrate them fully into their existing technology infrastructure, combined with their proprietary data, using web sites, intranets and spreadsheet front ends. With FENICS Enterprise, banks can provide web-based pricing and reporting both internally and externally, customize and improve their workflows, and communicate via XML with other proprietary systems.”

The FENICS FX 11.1 release also includes new option classes, profit and loss attribution analysis and a real-time position server and many other enhancements to its existing clients.

For more on FENICS FX go to www.gfigroup.com/fenicsfx.

About GFI Group Inc. www.GFIgroup.com

GFI Group Inc. (www.GFIgroup.com) is a leading inter-dealer broker specializing in over-the-counter derivatives products and related securities. GFI Group Inc. provides brokerage services, market data and trading platform and analytics software 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, Tel Aviv, Dublin, Dubai, 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 investment and commercial banks, corporations, insurance companies and hedge funds. Its brands include GFI™, GFInet®, CreditMatch®, GFI ForexMatch®, EnergyMatch®, GFI FENICS®, GFI FENICS® FX, GFI FENICS™ Enterprise, 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.

NEW YORK, September 22 /PRNewswire-FirstCall/ — GFI Group Inc. (‘GFIG’ on NASDAQ) has added five new hires in emerging markets credit default swaps in New York. These include experienced brokers, Scott Pagano, Michael Connell and Tom Halpin. All five join GFI from BGC Partners in New York.

“GFI is the world’s top broker in credit derivatives and we intend to remain so,” said Colin Heffron, president of GFI Group. “We are delighted to strengthen our brokerage team with Scott, Michael and Tom and we look forward to offering an even better service to our clients.”

The new brokers will report to Nick Brown, GFI’s head of financial product brokerage, North America.

Risk magazine’s 2008 interdealer rankings named GFI as top inter-dealer broker in 16 of the 17 credit derivatives categories.

About GFI Group Inc.

GFI Group Inc. (http://www.GFIgroup.com) is a leading inter-dealer broker specializing in over-the-counter derivatives products and related securities. GFI Group Inc. provides brokerage services, market data and trading platform and analytics software 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, Tel Aviv, Dublin, Dubai, 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 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: 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

CONTACT:
Alan Bright, PR Manager, GFI Group Inc.,
+44(0)20-7877-8049, alan.bright@gfigroup.co.uk
(GFIG)

LONDON, September 16 /PRNewswire-FirstCall/ — GFI Group Inc. (‘GFIG’ on NASDAQ) has launched BasisMatch(TM) – the first electronic trading platform for cross-currency basis swaps for the inter-dealer market. This extends GFI’s successful hybrid broking model combining electronic and broker-assisted trading.

BasisMatch covers the G10 currencies against three-month US Dollar LIBOR, with plans to extend to similar instruments such as inter basis swaps.

“GFI continues to invest heavily in service-enhancing technology and BasisMatch is the latest example of this,” said Paul Millward, GFI’s BasisMatch(TM) and ForexMatch(R) product manager. “Cross-currency basis swaps are ready for hybrid broking, bringing electronic trading and automation of post-trade processes. GFI believes that BasisMatch will be widely adopted – just as CreditMatch and ForexMatch have been.”

“The market requires efficient price dissemination and execution, transparency and integrity – and BasisMatch delivers,” said Robert Bou-Simon, GFI’s head of European interest rate derivatives. “BasisMatch is the result of extensive collaboration with our clients and GFI will continue to work with them to develop the platform further.”

BasisMatch has been developed by Trayport, a wholly-owned subsidiary of GFI Group, Inc.

About GFI Group Inc. http://www.GFIgroup.com

GFI Group Inc. (http://www.GFIgroup.com) is a leading inter-dealer broker specializing in over-the-counter derivatives products and related securities. GFI Group Inc. provides brokerage services, market data and trading platform and analytics software 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, Tel Aviv, Dublin, Dubai, 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 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: 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.

Alan Bright
PR Manager
GFI Group Inc.
+44(0)20-7877-8049
alan.bright@gfigroup.co.uk

SOURCE GFI Group Inc