London – Feb 10th 2009 – GFI Group (Nasdaq: GFIG) has launched GFI FreightView – a light version of EnergyMatch Europe, its electronic trading platform for energy and freight.
GFI FreightView provides non-interactive access to live prices and historical trades from GFI’s freight trading platform via web browsers and internet-enabled mobile devices, including BlackBerry and Windows Mobile.
“Trading in wet freight derivatives has become a 24 hour global market and market participants therefore need constant access to real-time price quotes and trade activity”, said Wayne Anderson, GFI’s head of broker analytics. “Whether our clients are at their desk or the move, they will have the same information available.”
GFI FreightView will be rolled out simultaneously to GFI screen trading clients in Singapore, London and New York.
The Trademark BlackBerry is owned by Research In Motion Limited and is registered in the United States and may be pending or registered in other countries. GFI Group Inc is not endorsed, sponsored, affiliated with or otherwise authorized by Research In Motion Limited.
Windows Mobile is a registered trademark of Microsoft Corporation in the United States and other countries.
FreightView and EnergyMatch Europe are powered by technology from Trayport, part of GFI Group, and a leading provider of real-time electronic trading software for brokers, exchanges and traders.
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 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.
Alan Bright
PR Manager
GFI Group Inc.
+ 44 (0)20 7877 8049
alan.bright@gfigroup.co.uk
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