Month: May 2011

New York, May 17, 2011 – GFI Group, Inc (NYSE: “GFIG”) a leading provider of wholesale brokerage, electronic execution and trading support products for global financial markets, has been ranked 2011 No.1 overall inter-dealer broker in the credit category by Credit magazine.

The rankings are based on a poll of European credit traders actively trading fixed income with inter-dealer brokers as counterparties. Respondents were asked to vote across five categories: investment grade, high yield cash and CDS and index trading. GFI Group was voted number 1 in three out of 5 categories.

Colin Heffron, President of GFI Group said, “Over the last couple of years the credit markets have been extremely challenging. To be recognized as a consistent number one during this period is very gratifying,” and added, “I believe the continued integration of our cash and derivatives businesses has been a key to our success.”

Voters clearly stated the Group’s strength as a source of liquidity amongst other driving factors when evaluating GFI Group.

About GFI Group Inc. www.GFIgroup.com

GFI Group Inc. (NYSE: “GFIG”) is a leading provider of wholesale brokerage, clearing services, 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 fixed income, financial, equity and commodity instruments.

Headquartered in New York, GFI was founded in 1987 and employs more than 1,900 people with additional offices in London, Paris, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Bogot?, Dubai, Dublin, Tel Aviv, Calgary, Los Angeles, Englewood (NJ) and Sugar Land (TX). GFI Group Inc. provides services and products to over 2,400 institutional clients, including leading investment and commercial banks, corporations, insurance companies and hedge funds. Its brands include GFI^SM, GFInet®, CreditMatch®, GFI ForexMatch®, EnergyMatch®, FENICS®, Starsupply®, Amerex®, Trayport® and Kyte®.

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; uncertainties relating to litigation and the Company’s ability to assess and integrate acquisition prospects. 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
 

New York, May 10, 2011 ? GFI Group Inc. (NYSE: “GFIG”) today announced the launch of its Short Term Interest Rate Futures and Options desk*. The new desk will execute a variety of contracts including Eurodollar Futures and Options, US Treasury Futures and Options, 30 Day Fed Funds and the execution of UK and European short and long end derivatives.

The new desk, with operations in Chicago and New York will be run by John Wagner and Simon Gittins. The group has a combined experience of over 50 years in brokering Eurodollar and Treasury futures and options.

The Chicago team will be led by John Wagner. John will be joined by Robert Smearman. The team will be located directly on the floor of the Chicago Mercantile Exchange. John has participated in Eurodollar markets for the past 25 years spending the majority as an independent pit broker (WGZ) covering a diverse client base. Prior to joining GFI, Robert Smearman worked for First Boston, Credit Suisse and NewEdge Group where he covered swap/swaption trading desks as well as several premier hedge funds. 

The New York operation is to be run by Simon Gittins. Simon joins GFI from Mako Financial Markets LLC, where he was running the New York Sales trading team executing equity, commodity and fixed income derivatives.

Richard Giles, Managing Director at GFI Group and Head of Energy and Commodities Brokerage in North America said:” We are very happy to have John, Simon and Bob join us in developing our listed fixed income business. We are confident their experience and knowledge of these markets will enable us to provide a unique and specialized service to our customers.”

John Wagner, head of the Chicago team stated: “We are excited to join GFI and to have such an excellent opportunity within this highly competitive space. We will provide our clients with floor sentiment, market trends and relative values,  key data sets that will be used with integrity in the process of efficient price discovery.” 

Simon Gittins, head of the New York team commented: “This is a unique opportunity for us. Joining GFI we allow us to provide real value added to our client base. Together with the Chicago team, we will offer our clients our experience, our insights and our ability to maximize opportunities when they arise”. 

The new desk will offer its clients a customized service that will include idea generation, short, medium, long-term strategy recommendations and technical analysis support.   

*The StiRs desk conducts business through GFI Securities LLC a subsidiary of GFI Group Inc.

About GFI Group Inc. www.GFIgroup.com

GFI Group Inc. (NYSE: “GFIG”) is a leading provider of wholesale brokerage, clearing services, 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 fixed income, financial, equity and commodity instruments.

Headquartered in New York, GFI was founded in 1987 and employs more than 1,900 people with additional offices in London, Paris, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Bogot?, Dubai, Dublin, Tel Aviv, Calgary, Los Angeles, Englewood (NJ) and Sugar Land (TX). GFI Group Inc. provides services and products to over 2,400 institutional clients, including leading investment and commercial banks, corporations, insurance companies and hedge funds. Its brands include GFI^SM, GFInet?, CreditMatch?, GFI ForexMatch?, EnergyMatch?, FENICS?, Starsupply?, Amerex?, Trayport? and Kyte?.

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; uncertainties relating to litigation and the Company’s ability to assess and integrate acquisition prospects. 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

New York, May 4, 2011 – GFI Group (NYSE: “GFIG”) announced today that GFI FENICS has further expanded its commercial team in Asia Pacific with four new hires across the region.

Patrick Gassner, will take on the role of Head of Market Data Sales, Asia based in GFI’s Hong Kong office. Gassner joins GFI from Thomson Reuters, where he held the position of Data Solution Specialist. 

Barry Moore will serve as the Commercial Head for Australia and New Zealand, based in the GFI Sydney office. Prior to joining GFI FENICS, Moore worked as an FX Option Trader at St George Bank and more recently at Westpac.

Lionel Chan joins the GFI FENICS team in Hong Kong as a Product Specialist and will head up the GFI FENICS Implementation Group in North Asia. Mr. Chan was previously working at BNP Paribas Hong Kong as a Systems Analyst.

John Betts will become Head of GFI FENICS Account Management for Asia, a newly created position based in Singapore. Mr. Betts has been with GFI FENICS in its London office for 3 years. He will be responsible for managing the regional client services team.

Richard Brunt, Global Head of FENICS & Market Data at GFI said: “We continue to invest in the team in Asia, as a direct response to our growing client based throughout the region. What is very pleasing is that the business is able to hire directly from the market, thus bringing in-depth market knowledge to our business” and added, “This experience is critical to meet the needs of our clients as they implement regional deployments of the FENICS Professional solution”.

Brunt continued: “Patrick’s experience in Market Data Systems and Data Licensing reflects the impressive growth in GFI’s Market Data business in the Region to date, and our growing suite of unique data products in the region” added Brunt. .

About GFI Group Inc. www.GFIgroup.com

GFI Group Inc. (NYSE “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 fixed income, financial, equity and commodity instruments.

Fenics Software Limited is a subsidiary of GFI Group Inc.

Headquartered in New York, GFI was founded in 1987 and employs more than 1,800 people with additional offices in London, Paris, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Bogotá, Dubai, Dublin, Tel Aviv, Calgary, Los Angeles, Englewood (NJ) and Sugar Land (TX). GFI Group Inc. provides services and products to over 2,400 institutional clients, including leading investment and commercial banks, corporations, insurance companies and hedge funds. Its brands include GFI^SM, GFInet®, CreditMatch®, GFI ForexMatch®, EnergyMatch®, FENICS®, Starsupply®, Amerex®, Trayport®, and Kyte®.

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; uncertainties relating to litigation and the Company’s ability to assess and integrate acquisition prospects. 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