GFI Group To Provide FENICS Professional™ to Union Bank

Leading US commercial bank chooses GFI FENICSSM for FX Options business

New York, April 30, 2012 – GFI Group Inc. (NYSE: “GFIG”) announced today that California based Union Bank has upgraded their existing agreement with GFI FENICSSM to include the full suite of FENICS Professional™ Pricing and Analytic tools.

Union Bank will utilize FENICS Professional for FX options price discovery, portfolio management and downstream STP (straight-through processing) of trades into its back office system. Union Bank traders and sales team will have access to FENICS Professional’s Sales Module allowing them to build, price, and communicate the details of FX Options structures with speed and efficiency.

Beverly Henretty, Manager of Foreign Exchange and Derivatives Sales at Union Bank said, “We’re very pleased to build on our relationship with FENICS and upgrade to FENICS Professional. In addition to the powerful suite of software tools provided, we continue to be impressed by the excellent customer support that GFI FENICS provides as part of their standard service.”

Richard Brunt, Global Head of GFI FENICS & Market Data Services stated: “Union Bank is a very valuable client to us and we are delighted that Union Bank has taken our relationship to the next level and invested in FENICS Professional as the system of choice to develop its expanding FX option business into the future” and added, “North America is an important market for us where we are growing strongly by adding new clients and expanding our relationships with existing clients.”.

A client of GFI FENICS since 2003, Union Bank is extending its agreement for a further three years.

FENICS Professional is a suite of pricing, trading, risk management and STP (straight-through processing) components allowing customers to control, monitor and oversee a comprehensive range of FX option trading and lifecycle management from one single interface.

GFI FENICS has been providing leading FX derivatives software since 1987. Its products are licensed to over 350 institutions worldwide with thousands of users benefiting from its solutions. Clients include banks, multinational corporations, brokers, and hedge funds.

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About GFI Group Inc.

GFI Group Inc. (NYSE: “GFIG”) is a leading provider of wholesale brokerage services, 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.

GFI FENICS is a division of Fenics Software Limited. Fenics Software Limited is a subsidiary of GFI Group Inc.

Headquartered in New York, GFI was founded in 1987 and employs more than 2,100 people with additional offices in London, Paris, Nyon, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Bogota, Buenos Aires, Dubai, Dublin, Tel Aviv, Los Angeles and Sugar Land (TX). GFI Group Inc. provides services and products to over 2,600 institutional clients, including leading investment and commercial banks, corporations, insurance companies and hedge funds. Its brands include GFISM, 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

GFI Group to provide CDS market data to Quick Corp.

Mon, 23 Apr 2012 12:12:46 -0400

New York, April 23, 2012 – GFI Market Data, a division of GFI Group Inc. (NYSE: GFIG) and QUICK Corp. announced today that they have taken their relationship a step further and signed an agreement whereby GFI will supply QUICK with credit derivatives market data as of April 23, 2012.

GFI Group, via its GFI Market Data division, has supplied QUICK with FX options market data and has been doing so since October 2005.

Gakuji Takahashi, Executive General Manager of QUICK Corp. said, “QUICK is very pleased to enter into this new agreement which will allow us to supply our customers with GFI credit derivatives market data. GFI Group covers a broad range of credit derivative market data, such as sovereign and single name credit default swaps CDS. We believe that the broad coverage to be brought by this relationship will certainly benefit QUICK users as it provides them with a strong tool to support their daily business as well as to continue to meet their requirements in a changing financial environment “ and added, “We are working positively to meet our clients’ needs and expectations.”

Philip Winstone, Global Head of Market Data at GFI stated: “Market data is only as good as its source, and GFI is a globally recognised information hub for credit derivative products. We are very pleased to be able to offer QUICK Corp’s clients access to GFI’s global credit default swap curves and global index and tranche data” and added, “In recognition of today’s demand to have access to independent, accurate and timely data, across the enterprise, GFI’s Credit Derivative data will be available to QUICK’s desktop and enterprise customers”.

GFI is internationally recognized by the market as the No.1 wholesale broker in credit derivatives. GFI’s award winning credit derivatives brokerage desks and its CreditMatch® electronic trading platform help to provide a unique source of real independent market data on the credit derivative markets.

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.

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About GFI Market Data
GFI is uniquely positioned to provide the capital markets with specific suites of data. GFI Market Data refers to actual market prices and trade information, reflecting real market sentiment not just indications gleaned through consensus pricing. GFI Market Data’s product suite includes CDS, bonds, FX options, equities, interest rates and energy and commodities data.

GFI Market Data is the brand under which Fenics Software Limited operates its market data business.

About GFI Group Inc.

GFI Group Inc. (NYSE: “GFIG”) is a leading provider of wholesale brokerage services, 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 2,200 people with additional offices in London, Paris, Nyon, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Bogota, Dubai, Dublin, Tel Aviv, Calgary, Los Angeles and Sugar Land (TX). GFI Group Inc. provides services and products to over 2,600 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®.

 

About QUICK Corp.

As a financial information vendor in the Nikkei Group, QUICK distributes real-time global securities and financial information as well as political and economic information. It provides comprehensive solutions to the securities and financial market with services for supporting asset management, order routing and execution and network construction and maintenance.

 

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, NY10041
Tel: (212) 968 2964
Mob: (646) 717 4379


patricia.gutierrez@gfigroup.com

 

GFI Group and Quick Corp. Extend Collaboration Agreement

Nikkei Group company offers GFI FX Option Market Data to clients

New York, April 10, 2012 – GFI Market Data, a division of GFI Group Inc. (NYSE: GFIG), announced today that it has extended its long-standing relationship with QUICK Corp.  GFI will continue to provide FX Options market data to the Japanese corporation. QUICK Corp. is part of the Nikkei Group of companies.

Gakuji Takahashi, Executive General Manager of QUICK Corp. said, “QUICK is pleased to renew its contract with GFI and continue the long standing and very active business partnership we have. GFI’s data services are pivotal to our customer base when making trading decisions in the OTC markets”, and added, “This agreement with GFI will enable us to continue to provide our customers with authoritative market data across Japan and worldwide. Through the partnership with GFI, QUICK works positively to meet the clients’ high expectations.”

Philip Winstone, Global Head of Market Data at GFI stated: “We have provided our FX Options market data to QUICK Corp. and their clients since 2005 and are very honoured to extend this agreement. The need for high quality real market priced FX Options has never been higher and, by extending this long standing relationship, QUICK’s client base will continue to get access to over 100 FX Option currency pairs sourced from our data“.

The currencies offered via QUICK include a significant number of Japanese Yen cross currency option volatility surfaces that will be of particular relevance to the Japanese company’s client base. Currency pair coverage from GFI Market Data has grown significantly since the data was added in 2005; at the present time it covers 20 Yen crosses.

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.

About GFI Market Data
GFI is uniquely positioned to provide the capital markets with specific suites of data. GFI Market Data refers to actual market prices and trade information, reflecting real market sentiment not just indications gleaned through consensus pricing. GFI Market Data’s product suite includes CDS, bonds, FX options, equities, interest rates and energy and commodities data.

GFI Market Data is the brand under which Fenics Software Limited operates its market data business.

Fenics Software Limited is a subsidiary of GFI Group Inc.

About GFI Group Inc.
GFI Group Inc. (NYSE: “GFIG”) is a leading provider of wholesale brokerage services, 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 2,200 people with additional offices in London, Paris, Nyon, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Bogota, Dubai, Dublin, Tel Aviv, Calgary, Los Angeles and Sugar Land (TX). GFI Group Inc. provides services and products to over 2,600 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®.

About QUICK Corp.
As a financial information vendor in the Nikkei Group, QUICK distributes real-time global securities and financial information as well as political and economic information. It provides comprehensive solutions to the securities and financial market with services for supporting asset management, order routing and execution and network construction and maintenance.

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