GFI Group Announces First Electronic Matching of Colombian Bonds

GFI Securities Colombia executes matching of Colombian peso government bond

New York, March 16, 2011 – GFI Group (NYSE: “GFIG”), a leading provider of wholesale brokerage, clearing services, electronic execution and trading support products for global financial markets announced today it has conducted the first electronic matching of a Colombian Peso Government Bond from its newly opened Bogota office.

Matching sessions conducted by GFI in Colombia focus on matching counterparties for the local Government Treasury market denominated in Colombian Pesos.

Matching is a process run on various GFI electronic trading platforms that allows traders to anonymously contribute and trade at mid-market levels on specific contracts during periodic sessions. Sessions are carried out during set times in the day and have short durations, approximately 5 minutes. GFI Matching sessions create concentrated and deep liquidity pools that allow large volume trades to be transacted at mid-market levels.

Juan Pablo Amorocho, Head of GFI Securities Colombia said: “We are the first broker to execute electronic matching of buyers and sellers for Colombian Government Treasury bonds. This is the first time GFI has used its advanced technology to facilitate trading of local government bonds in Latin America” and added, ” We are fully committed to providing trading solutions and enhancements for the markets we perceive have the need for more efficient execution. We are grateful to the Colombian authorities and the market for its positive reception to this new technology and look forward to providing solutions to these expanding markets.”

GFI Securities Colombia S.A. commenced operations in November 2010 and focuses on brokering Colombian sovereign fixed income, corporate fixed income and related derivatives products in the domestic market.

GFI conducts Matching processes for multiple products on all of its electronic trading platforms: CreditMatch®, GFI ForexMatch® and EnergyMatch®.

CreditMatch® is GFI’s electronic trading platform for fixed income derivatives and bonds. It forms a key part of GFI’s hybrid brokerage model, serving the market from its operations in New York, London, Sydney, Tokyo, Singapore and Hong Kong and working alongside GFI’s brokers from each of these offices. CreditMatch® displays fixed income derivative and bond prices together on the same screen.

GFI ForexMatch® is GFI’s electronic system for FX derivatives trading. It supports GFI’s hybrid brokerage model, combining traditional voice brokerage services with sophisticated electronic trading technology. GFI ForexMatch® enhances price discovery and increases efficiency by enabling full electronic trade execution and processing of FX instruments.

EnergyMatch® is the next generation electronic OTC energy marketplace combining the liquidity pools of multiple brokerage firms, electronic trading participants along with multiple clearing options in an open access web based platform. EnergyMatch® brings together buyers and sellers of derivative and physical commodities contracts.

 

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, Dubai, Dublin, Tel Aviv, Calgary, Bogota, 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 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 and Macrobond Financial Team Up To Offer CDS Data

Partnership to provide intraday and historical global credit default swaps data via Macrobond’s analytics platform

New York, February 16, 2011 – GFI Market Data, a division of GFI Group Inc., and Macrobond Financial AB announced today their partnership to offer GFI sovereign credit default swaps data via Macrobond’s analytics platform. The data will also include historical prices going back to 1997.

Macrobond clients will be able to analyse and map historical and on-going trends and validate trading ideas using GFI Market Data’s sovereign CDS product on the Macrobond application.

Philip Winstone, Global Head of Sales at GFI Market Data said: “GFI Market Data provides a comprehensive, global view of actual executable and executed CDS prices that is sourced directly from GFI CreditMatch™, one of the most widely used and highest rated trading platform for CDS. We are pleased that Macrobond recognises the value of providing this data to its clients over indicative or consensus sources. This distribution and sales partnership is also an exciting extension of our strategy to increase the reach of our high-quality data services.”

Tomas Liljeborg, CEO at Macrobond stated: “We are pleased to be working with the number 1* credit broker globally providing an independent view of CDS market activity. We will distribute detailed global CDS data from GFI Market Data on both sovereigns and corporates with extensive history. The data will be made available in our Macrobond Application, a dynamic charting and analytical platform with global financial and economic data” and added, “The availability of GFI’s CDS data on our platform is complementary to our global data sets and will give our clients a big edge.”

Macrobond’s clients may also elect to subscribe to the full suite of GFI Market Data’s CDS products which includes global corporate, index, tranche, spread and switch pricing in CDS.

Macrobond Financial AB is a Swedish company that provides extensive time series data on a comprehensive range of economic and financial indicators.

*GFI voted No.1 Credit Broker (Credit Magazine Interdealer Rankings 2010) and No.1 Credit Derivatives Broker (Risk Interdealer Rankings 2010).

About GFI Market Data
GFI is uniquely positioned to provide the capital markets with the data they need. 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. 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 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. 

GFI FENICSSMAnnounces the Launch of FENICS TraderTM

Electronic access to multi-bank FX option liquidity on a single interface

New York, February 14, 2011 – GFI Group Inc. (NYSE: “GFIG”) announced today the launch of FENICS Trader, a single point of access to multi-bank liquidity for foreign exchange options. This pioneering technology facilitates independent FX options price discovery, offering a “many-to-many” venue for bilateral trading and execution.

FENICS Trader is supported by 9 of the world’s leading banks, with others to go live in early 2011. Live liquidity banks include BNP Paribas, Commonwealth Bank of Australia, Credit Suisse, UBS and Unicredit Bank AG.

During a 6 month soft launch period, trade volumes grew impressively, rising to over 120 trades per month. This soft launch involved 20 of GFI FENICS’ clients.

FENICS Trader allows clients to calculate indicative prices based on banks’ proprietary volatility surfaces. Using “Request for Quote” (RFQ) technology clients receive a tradable price from their preferred liquidity bank. Once the price is agreed, electronic execution is completed on a bi-lateral basis.  At present FENICS Trader supports European vanilla and simple two-legged structures. Trades can be priced in volatility or premium terms. FENICS Trader is available to clients via the FENICS Professional™ platform.

Richard Brunt, Global Head of GFI FENICS stated: “This is a very important step forward for GFI FENICS and for the FX options dealing community. FENICS Trader is the first many-to-many FX options execution platform, and the initial volumes have been hugely encouraging showing that this initiative is well supported by the market and valued by GFI FENICS’ client base, and is particularly relevant in light of the regulatory environment.”

Brunt added: “FENICS Trader was a logical enhancement to the FENICS Professional workflow solution. It removes the need for duplicate trade entry and manual price discovery via the telephone or electronic messaging.” Brunt continues: “As more liquidity providers join the community, our clients will have a wider choice of trading partners, accessible from a single, industry standard application.”

FENICS Professional is a suite of pricing, trading, risk management and STP components allowing customers to control, monitor and oversee every aspect of FX option trading and lifecycle management from a single interface.

GFI FENICS has been providing leading FX derivatives software since 1987. Its products are licensed to over 350 client firms worldwide – financial institutions and corporations – with thousands of users benefiting from its solutions. FENICS Trader additionally provides clients worldwide with access to a liquidity pool in order to bilaterally transact currency options.

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 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.

GFI Group Launches Japan Single Stock Options Matching

First to offer service in Japan Following successful launches of JPY IRO and Equity Derivatives Index matching

New York, January 19, 2011 – GFI Group (NYSE: “GFIG”) a leading provider of wholesale brokerage, clearing services, electronic execution and trading support products for global financial markets announced today it has conducted the first fully electronic Japanese Single Stock Options Matching. This process included stocks of many of Japan’s largest corporations: Nintendo, Nissan, NTT DOCOMO, Canon and Sharp.

This new offering follows the successful launch of JPY IRO Matching introduced in June of 2010 and Japan Equity Derivatives Index Matching in September 2010.

Matching is a process run on various GFI electronic trading platforms which allows traders to anonymously contribute and trade at pre-defined levels on specific contracts during periodic sessions. Sessions are carried out during set times in the day and have short focused durations, approximately 5 to 10 minutes.  GFI Matching sessions help create concentrated and deep liquidity pools that facilitate large volume trades to be transacted at pre-defined levels.

Dr. Keith Nicolle, GFI Group’s Head of ECommerce, Asia Pacific said: “We are the first broker to execute electronic matching of Japan Single Stock Options. This new offering underlines our commitment to offer our clients choice in their method of execution and a range of innovative solutions to fit their changing trading requirements”. And added, “This new-roll out follows the success of the electronic products we launched last year. We are providing our clients an additional service in asset classes where these matching services were not previously available. GFI matching sessions have been a liquidity positive product for both us and, we believe, for the market”.

GFI’s focus is on launching innovative products in areas of auctions, matching and hybrid eTrading, on a variety of different asset classes that offer customers a greater choice in their method of execution as well as providing additional pools of liquidity. These new products add to the growing electronic matching offering GFI has built over the last year: CDS matching globally, Mexican Peso Interest Rate Swap “IRS” TIIE* and USD IRO.

GFI conducts Matching processes for multiple products on all of its electronic trading platforms: CreditMatch®, GFI ForexMatch® and EnergyMatch®.

CreditMatch® is GFI’s electronic trading platform for fixed income derivatives and bonds. It forms a key part of GFI’s hybrid brokerage model, serving the market from its operations in New York, London, Sydney, Tokyo, Singapore and Hong Kong and working alongside GFI’s brokers from each of these offices. CreditMatch® displays fixed income derivative and bond prices together on the same screen.

GFI ForexMatch® is GFI’s electronic system for FX derivatives trading. It supports GFI’s hybrid brokerage model, combining traditional voice brokerage services with sophisticated electronic trading technology. GFI ForexMatch® enhances price discovery and increases efficiency by enabling full electronic trade execution and processing of FX instruments.

EnergyMatch® is the next generation electronic OTC energy marketplace combining the liquidity pools of multiple brokerage firms, electronic trading participants along with multiple clearing options in an open access web based platform.  EnergyMatch® brings together buyers and sellers of derivative and physical commodities contracts

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, 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 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.

GFI Group and ZE PowerGroup Partner to Offer Energy Data

Partnership will provide global energy data via ZE PowerGroup’s ZEMA infrastructure

New York, January 13, 2011 – GFI Market Data, a division of GFI Group Inc., and ZE PowerGroup Inc. (ZE), a leading provider of software and strategic consulting in the energy industry, announced today they have entered into a new partnership initiative to offer GFI’s energy data through ZE’s ZEMA™ Suite.

Philip Winstone, Global Head of Sales at GFI Market Data, stated: “Having our data available through the ZEMA infrastructure and platforms is an exciting opportunity for us to continue to grow our business through partnership channels. Our data is derived from GFI’s award-winning electronic trading platforms and I believe the opportunities provided by this partnership with ZE will allow our mutual clients to benefit from both companies’ expertise.”

 “ZE has selected to partner with GFI Market Data, as they are a leading provider of data in a variety of energy and commodity markets across North America, Europe and the UK”, said Dr. Zak El-Ramly, CEO and founder of ZE. “ZEMA collects and aggregates data from vendors around the globe to provide clients with unmatched data options. The addition of GFI’s European energy data will increase ZE’s exposure to meet objectives in enterprise data management and ETRM integration for market discovery and business process automation”, added Dr. El-Ramly.

ZE is an experienced software and strategic consulting firm that combines energy industry expertise with advanced software development capability. The company possesses deep industry knowledge and comprehensive operational experience. ZE is the developer of the ZEMATM data management and analysis solution which collects data related to coal, power, gas, crude oil, financial, weather, emissions, hydrology and others and is used as a business process automation and integration tool for small and large scale organizations alike. ZEMA TM is created by experts to meet the specific challenges faced by energy industry participants.

About GFI Market Data
GFI is uniquely positioned to provide the capital markets with the data they need. 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 energy and commodities data covers wet and dry freight derivatives, emissions, coal, power and gas.
GFI Market Data is the brand under which Fenics Software Limited operates its market data business.

 

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 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.

GFI Group Launches Join-the-Trade for Dry Freight and UK Gas Trading

First ever Dry Freight trades on JTT

New York, January 12, 2011 – GFI Group Inc. (NYSE: “GFIG”) announced the first ever trades in its Dry Freight and UK Gas businesses on Join-the-Trade “JTT”.

JTT is a workup functionality that allows market participants to anonymously trade large volumes for a pre-defined period of time, at the prevailing market price without the risk of distorting the market.

GFI introduced Join-the-Trade for the UK Gas market and for Dry Freight in November 2010.  To date over, over 20 customers have implemented the functionality and GFI has already experienced a significant increase in market activity on those desks using JTT.

As a result of this successful launch, GFI plans to roll out JTT into other energy products in 2011, targeting early January with its role out into the Coal markets.

Luke Jemmett, GFI Group Head of Commodity Product Management said, “The benefits if Join-the-Trade are twofold: it allows for a more transparent marketplace and it adds additional levels of liquidity to the market. This new functionality encourages orders to be worked in the open market rather than being executed bilaterally.”

Join-the-Trade for Dry Freight and UK Gas is conducted on EnergyMatch Europe®, GFI Group’s online energy trading platform. It employs GFI’s hybrid broking strategy where experienced brokers supported by advanced technology provide both voice- and screen-based execution.

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, 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 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.

GFI FenicsSM, Enhances Options Capability at First Commercial Bank

Leading Taiwanese Bank steps up to FENICS Professional™ 12.1

New York, December 14, 2010 – First Commercial Bank, a leading Taiwanese Bank, has licensed the latest release of FENICS Professional, the market leading system for foreign exchange options from GFI Group Inc. (NYSE: “GFIG). The bank has deployed FENICS Professional version 12.1 which includes the new functionalities: FENICS Sales, FENICS Trader and the latest version of FENICS Exotic maths models.

FENICS Professional version 12.1 provides traders at First Commercial Bank with the ability to spread their volatility surface based upon the counterparty profile to ensure sales professionals have desktop access to the correct prices. Sales and traders can communicate through FENICS chat, and confirm prices via internal RFQ. Term sheet functionality allows sales users to produce multi language term sheets, with full graphing capabilities.

“We have an excellent long standing relationship with First Commercial Bank, and we are very happy that they have chosen to deploy FENICS Professional” said Elliott Hann, Head of GFI FENICS Sales in Asia. “The new version steps up our price distribution and sales tool capabilities, the ability to spread prices by counterparty and the direct distribution of retail products”. “We continue to be committed to providing scalable and customized solutions to fit our clients’ needs” he further commented.

The Bank has been a client of FENICS since 1998.

First Commercial Bank is a leading bank in Taiwan with offices across the Greater China region, providing international banking and multi-asset class investment and transaction services to clients including financial institutions, funds, corporate and individual investors.

FENICS Professional is a suite of pricing, trading, risk management and STP (straight-through processing) components allowing customers to control, monitor and oversee every aspect 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.

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, 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 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.

GFI Group Launches Electronic Mexican TIIE Interest Rate Swaps Matching

GFI Executed First Fully Electronic IRS Tiie matching

New York , December 13, 2010 – GFI Group (NYSE: “GFIG”) a leading provider of wholesale brokerage, clearing services, electronic execution and trading support products for global financial markets announced today it has conducted the first fully electronic Mexican Peso Interest Rate Swap “IRS” TIIE* (Interbank Equilibrium Interest Rate).

Matching is a process run on various GFI electronic trading platforms which allows traders to anonymously contribute and trade at mid-market levels on specific contracts during periodic sessions. Sessions are carried out during set times in the day and have short durations, approximately 5 minutes.  GFI Matching sessions create concentrated and deep liquidity pools that allow large volume trades to be transacted at mid market levels.

In addition to Mexican TIIE IRS, GFI has conducted matching processes for US$ Interest Rate Options “IRO”.

Ron Levi, COO GFI Group said: “We are the first broker to execute matching of Mexican TIIE IRS. This new offering underlines our commitment to offer our clients choice in their method of execution and a range of solutions to fit their needs” and added, “This new roll out follows our successful launch earlier this year of USD IRO”

GFI conducts Matching processes for multiple products on all of its electronic trading platforms: CreditMatch®, GFI ForexMatch® and EnergyMatch®.

CreditMatch® is GFI’s electronic trading platform for fixed income derivatives and bonds. It forms a key part of GFI’s hybrid brokerage model, serving the market from its operations in New York, London, Sydney, Tokyo, Singapore and Hong Kong and working alongside GFI’s brokers from each of these offices. CreditMatch® displays fixed income derivative and bond prices together on the same screen.

GFI ForexMatch® is GFI’s electronic system for FX derivatives trading. It supports GFI’s hybrid brokerage model, combining traditional voice brokerage services with sophisticated electronic trading technology. GFI ForexMatch® enhances price discovery and increases efficiency by enabling full electronic trade execution and processing of FX instruments.

EnergyMatch® is the next generation electronic OTC energy marketplace combining the liquidity pools of multiple brokerage firms, electronic trading participants along with multiple clearing options in an open access web based platform.  EnergyMatch® brings together buyers and sellers of derivative and physical commodities contracts

*Mexican TIIE is an interbank interest rate for 28 day term demand deposits.

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, 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 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.

GFI Group Opens New Office in Bogota, Colombia

GFI Securities Colombia granted license to operate in Fixed Income Markets

New York, December 9, 2010 – GFI Group Inc. (NYSE: “GFIG”) announced today the opening of an office in Bogota, Colombia. The new office, opened by GFI Securities Colombia S.A., will focus on brokering of Colombian Sovereign fixed income, corporate fixed income and related derivatives products in the domestic market.

The Colombian Financial Markets Regulator (Superintendencia Financiera) granted GFI Securities Colombia the license to commence operations last month.

“We are very pleased to announce the start of operations in Colombia” said Nick Brown, GFI Managing Director, Head of Financial Products Brokerage, Americas. “This is a very important market for us. Colombia is a country with great growth potential as well as being strategically placed amongst the region’s emerging markets” he added.

GFI Securities Colombia will operate a hybrid system, combining voice brokerage and electronic trading.

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, 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 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. 

GFI Group is Broker of The Year in Annual Commodities Business Awards

GFI and subsidiaries Amerex, Trayport and StarSupply voted best by market practitioners

New York, November 29, 2010 – GFI Group, Inc (NYSE: “GFIG”) has been voted Commodity Broker of the Year 2010 by Commodities Now magazine in this year’s Commodity Business Awards. GFI is a leading provider of wholesale brokerage, clearing services, electronic execution, and trading support products for global financial markets.

Commodity Broker Award of the Year 2010 is presented to the traditional (non-position taking) commodities broker that has shown consistent innovation and product development over the last twelve months.

As the role of the traditional broker continues to evolve, Commodities Now looked for brokers that have challenged the status quo, developing new ways of interacting with clients, enhancing product lines, engaging with the industry and its regulators, and providing additional trading and clearing services.

Colin Heffron, President of GFI Group, said: “We are honoured to receive this prestigious award as recognition of our commitment to serve our clients with the highest quality service and products that meet their evolving needs” and added, “Our people at GFI, Amerex , StarSupply and Trayport strive to provide the best that can be offered in the commodities sector”.

The Award process entailed a submission to a panel of editors, from which they selected and drew a list of nominees, where market practitioners (worldwide) were then asked to vote for companies whom they believed deserved recognition and reward for advancing commodity business expertise.

GFI Group, Amerex, StarSupply and Trayport provide access to global energy, commodities, power and emissions markets through a hybrid approach that combines voice brokering with state-of-the-art electronic trading platforms: EnergyMatch®, EnergyMatch® Europe, and Trayport Global Vision Trading Gateway®.

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 platforms 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, 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 GFISM, GFInet®, CreditMatch®, GFI ForexMatch®, EnergyMatch®, FENICS®, Starsupply®, Amerex®, Trayport® and Kyte®.

About Amerex Brokers LLC 
Founded in 1978, Amerex is a leading over-the-counter energy brokerage offering services in electricity, natural gas, emission credits and allowances, renewable energy credits, retail energy procurement, energy consulting and energy data services. From its office in Houston, Amerex offers liquidity and timely execution to meet the needs of a global client network of more than 1,000 firms including thousands of traders and risk management professionals. 
For additional information, please visit www.amerexenergy.com. Amerex Brokers LLC is a wholly-owned subsidiary of GFI Group Inc. (NYSE:GFIG), a leading inter-dealer broker specializing in over-the-counter derivatives products and related securities. GFI provides brokerage services, trading system software and market data and analytics software products for a range of credit, financial, equity and commodity instruments. GFI operates one of the largest OTC energy brokerage businesses in North America both directly and through its Amerex and StarSupply businesses. More information is available atwww.amerexenergy.com

About Trayport Limited
Trayport produces software for exchanges worldwide. It is the leading provider of software to the European commodity trading community. Trayport develops, deploys and supports quality, resilient software for trading in any asset class worldwide in cleared or OTC markets. Its GlobalVisionSM software is used by the world’s largest trading companies in high profile markets that include derivative and cash instruments. Founded in 1993, Trayport has offices in London, New York and Hong Kong. Trayport is a subsidiary of GFI Group Inc. (‘GFIG’ on NYSE). More information is available at www.trayport.com.

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.