Month: August 2009

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
patricia.gutierrez@gfigroup.com
 

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.

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.