Author: gfigroup

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.

New York July 20, 2009. – GFI Group (Nasdaq: “GFIG”) has created a new European “Special Situations Group” (SSG) to focus on agency execution and trading strategies in the equity markets and the opportunities arising from European M&A, and other relative value situations.  The focus of the group’s work will be on event driven situations that include but are not limited to pre and post announced M&A, spin offs, cross capital  structure, share class, stubs and holding company transactions.

The new team headed by Richard Royden is based in London and includes Bo Nordberg and Dan Oakes.

The combination of GFI Group’s significant position in the single name CDS market  and its strength in the power, energy, freight, property and commodities businesses and SSG’s equity market knowledge and banking relationships creates an opportunity for cross asset class investment analysis as well as impartial and unrestricted M&A and restructuring research. GFI Group provides an agency execution platform for equities, OTC and listed equity derivatives unaffected by the conflicts of interests associated with combining investment banking, corporate advisory, and proprietary trading with an agency broker.

 “The incorporation of this seasoned team led by Richard Royden adds yet more depth to our equities offering” said James Martin, Managing Director London. “Our clients will benefit from research, sales and trading in European event driven situations free from any conflict of interest” he added.

Richard Royden joins from JP Morgan and has 20 years finance experience in equities, derivatives and investment banking that includes running HSBC’s equity derivatives and relative value businesses in New York, and more recently he headed the European merger arbitrage group at UBS as well as co-founded UBS’ Alternative Capital Group in 2006 that provided investment banking coverage for hedge funds.

Dan Oakes joins from JP Morgan with 10 years of finance experience in equities. Dan worked on the Risk Arbitrage and Relative Value desk at Bear Stearns prior to joining JPM.

Bo Nordberg joins from JP Morgan and has 8 years finance experience in equities having been with Deutsche Bank’s Special & Relative Value Situations research desk prior to joining JP Morgan.

The new team which will be working within the Christopher Street Capital group, is an important investment to the Group’s global equities offering serving clients from New York, London, Dublin, Hong Kong, Paris and Tokyo.

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, 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.

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, June 24th 2009 – Profit & Loss magazine presented its Digital Markets Awards 2009 during a dinner held in New York to celebrate the magazine’s tenth anniversary. The award for Best FX Options Trading Platform was given to GFI Group’s ForexMatch®.

GFI ForexMatch® is GFI’s electronic system for FX option trading. It supports GFI’s hybrid brokerage model, combining traditional voice brokerage services with sophisticated electronic trading technology. GFI ForexMatch® streamlines price discovery, enables FX instruments to be traded online and allows the analysis of market trends with the latest independent prices.

Nick Brown, Managing Director, Head of Financial Brokerage North America said; “We are very happy to accept this award from a leading industry publication; an award that was voted for by our peers” and added “This reflects GFI’s commitment to developing award winning trading platforms across the gamut of our product range.”

ForexMatch® now includes the entire workflow for pricing an interest, requesting prices from the market, trade execution and confirmation. The platform also offers a bi-directional trading API that enables client-side trading applications to get electronic access to live market prices. Clients can therefore link algorithmic or ‘black box’ trading to GFI ForexMatch® which adds liquidity to the market.

GFI ForexMatch® connects directly to FENICS® FX, GFI’s platform for pricing, analysing and managing currency option positions. This allows for a ready-made STP solution through which customers can pass trade details for further analysis, trade confirmation and accounting entries.

GFI’s other trading platforms include CreditMatch®, EnergyMatch® and Trayport®.

This the second consecutive year ForexMatch® received the award for Best FX Trading Platform.

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, 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(TM), GFInet(R), CreditMatch(R), GFI ForexMatch(R), EnergyMatch(R), FENICS(R), Starsupply(R), Amerex(R), and Trayport(R).

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.

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 June 23, 2009. – GFI Group (Nasdaq: “GFIG”) is honoured to have been asked by the Japan Securities Clearing Corporation (JSCC) and Tokyo Stock Exchange, Inc. (TSE) to join the Working Group set up in May for the design of a central counterparty to clear over-the-counter derivatives.

The JSCC and TSE Working Group, set up in accordance with the report released from the Study Group on post-trade processing of OTC derivatives trades on March 27th, 2009, is comprised of 16 members. GFI Group, through its subsidiary GFI Securities Limited -Tokyo Branch, is the only inter-dealer broker serving in the Working Group. Other members are major Japanese and international banks and securities houses.

The objective of the Group is the creation of a detailed central counterparty functionality for the purpose of launching a clearing service for interest rate swaps (IRS) and credit default swaps (CDS).

The JSCC will develop clearing operations for OTC derivatives trades based on the conclusions of the Working Group.

GFI Group, via GFI Securities Limited Tokyo Branch, operates an interactive electronic trading platform for CDS in Japan- CreditMatch®.

CreditMatch® trades credit derivatives and cash 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 credit brokers from each of these offices.

CreditMatch® displays CDS and bond prices together on the same screen giving users more information about related markets. CreditMatch® offers STP through a real-time API service. These STP solutions improve trade processing efficiency making trading capture faster and more cost effective.

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, 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(TM), GFInet(R), CreditMatch(R), GFI ForexMatch(R), EnergyMatch(R), FENICS(R), Starsupply(R), Amerex(R), and Trayport(R).

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.

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, 16 June 2009 – GFI Group (Nasdaq: ‘GFIG’) announced today that the Commonwealth Bank of Australia (CBA) has deployed GFI FENICS® Enterprise Edition from GFI Group, Inc. FENICS® Enterprise is the market-leading FX system which provides CBA with expanded level of technology to service their options business.

FENICS® Enterprise Edition, an advanced suite of products launched in 2008, allows CBA to embed FENICS® into their own customized spreadsheets and web UI’s (user interface).  This makes pricing and analyzing options more efficient through a tailored front end for the CBA options team based on a combination of FENICS® and CBA Math models.

Ben McMillan, Global Head of FX at CBA said, “We have found the flexibility offered by FENICS® Enterprise to be key in enhancing our operations”. “We opted for FENICS® Enterprise as it provides us with open analysis tools that interact with and connect to our in house systems and models seamlessly”, he added.

 “We are very pleased to provide FENICS® Enterprise for CBA in Sydney as well as across their branches in Asia, Europe and the Americas” said Elliott Hann, GFI FENICS® Head of Sales for Asia Pacific.  “FENICS® Enterprise opens a myriad of potential applications not only for our immediate clients but also to their own customers; we are excited about the potential of this product”

GFI FENICS? FX is licensed to over 350 clients worldwide, financial institutions and corporations, with thousands of users benefiting from its solutions.

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.
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, 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(TM), GFInet(R), CreditMatch(R), GFI ForexMatch(R), EnergyMatch(R), FENICS(R), Starsupply(R), Amerex(R), and Trayport(R).

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.

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 June 11. 2009. – GFI Group (Nasdaq: “GFIG”) announces the introduction of OTC Dry Freight Forward Freight Agreements “FFA” onto GFI’s European multi-commodity platform EnergyMatch® Europe. This addition reinforces GFI’s commitment to hybrid brokerage of a range of Freight-related products.

EnergyMatch® Europe reflects GFI’s hybrid broking strategy where experienced voice brokers assist GFI’s multi-commodity platform users in executing their orders. By operating solely in the cleared market (via both LCH.Clearnet and NOS Clearing) EnergyMatch® Europe minimises the effects of counterparty exposure while providing transparency of market pricing. The addition of dry freight onto EnergyMatch® Europe is a natural extension to the success of the hybrid broking strategy employed by GFI in other commodity markets, such as coal.

Dorian Benson, Global Dry Freight desk head at GFI said: “Having developed an extensive client base through our global reach since the inception of the dry freight desk in 2005, this roll-out will greatly enhance GFI Freight’s value proposition for our clients”. “We are seeing a favorable response to the new screen with a wide spectrum of global clients being actively engaged and also providing positive feedback”, he added.

GFI provides Freight-related brokerage services from its offices in London, New York, Shanghai, Singapore, and Cape Town, providing unparalleled solutions covering: • Wet and Dry Freight (FFAs) • Voice and Screen based Execution • Physical Dry Freight • Market Data • Research • Pricing & Analytics. GFI’s freight brokers operate as a global team, having strong synergies with other GFI commodity desks and focusing on a client based formula. This allows for a greater depth of understanding of the ‘cross-fertilisation’ across vessel types, options delta and gamma hedging.

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, 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(TM), GFInet(R), CreditMatch(R), GFI ForexMatch(R), EnergyMatch(R), FENICS(R), Starsupply(R), Amerex(R), and Trayport(R).

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.

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, June 8th 2009 – New York’s LaBranche Structured Products LLC has licensed FENICS® FX Pricing and Analysis from GFI Group, Inc. (Nasdaq: GFIG) for use on LaBranche’s FX Option Desk in New York City.

Andrew Dexter, head of FX Options at LaBranche said, “We evaluated multiple systems for FX Options pricing, risk management, and transaction processing and believe that FENICS® is the best system available for us. The FENICS® customer support team provides fantastic training and ongoing support to help us get the most out of FENICS® and be more efficient.”

“FENICS® has seen tremendous success over the last year adding new clients in a range of market segments; it continues to prove itself as the market standard in FX Options”, said Richard Brunt, Global Head of FENICS® & Market Data Services at GFI, “We are delighted that LaBranche has selected FENICS®.”

FENICS® FX is a powerful front, middle and back office platform for pricing, analyzing, and managing FX options. An end-to-end solution, it provides all the necessary tools, math models and independent market data for fast, accurate price discovery and revaluation of vanilla options and exotic multi-leg, multi-currency strategies.

The platform is licensed to over 350 clients worldwide, financial institutions and corporations, with thousands of users benefiting from its solutions.

About GFI Group Inc. www.GFIgroup.com

GFI Group Inc. (www.GFIgroup.com) is a leading inter-dealer broker specializing in over-the-counter derivatives products and related securities. GFI Group Inc. provides brokerage services, market data and 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, Dubai, Hong Kong, Shanghai, Tokyo, Singapore, Sydney, Seoul, Cape Town, Calgary, Englewood (NJ), and Sugar Land (TX). GFI provides services and products to over 2,200 institutional clients, including leading banks, corporations, insurance companies and hedge funds. Its brands include GFI™, GFInet®, CreditMatch®, GFI ForexMatch™, EnergyMatch®, FENICS®, Starsupply®, Amerex® and Trayport®.

Forward-looking statement

Certain matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “might,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: economic, political and market factors affecting trading volumes; securities prices or demand for the Company’s brokerage services; competition from current and new competitors; the Company’s ability to attract and retain key personnel, including highly-qualified brokerage personnel; the Company’s ability to identify and develop new products and markets; changes in laws and regulations governing the Company’s business and operations or permissible activities; the Company’s ability to manage its international operations; financial difficulties experienced by the Company’s customers or key participants in the markets in which the Company focuses its brokerage services; the Company’s ability to keep up with technological changes; and uncertainties relating to litigation. Further information about factors that could affect the Company’s financial and other results is included in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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 1 June 2009. – GFI Group (Nasdaq: GFIG) has deployed FENICS® FX a platform for price distribution, STP of transactional workflow and risk management to Raiffeisen Bank Polska SA.

Raiffeisen Bank Polska, a subsidiary of Raiffeisen International, is a leading financial corporation in Central and Eastern Europe. The bank is using FENICS® FX’s STP module for straight-through processing of trade detail, rate and revaluation information between GFI FENICS® FX and other systems for improved operational efficiencies and to streamline workflows.

“GFI FENICS® FX has been integrated with Temenos T24 to ensure our customers receive the most accurate position valuations and remove operational risk from our internal workflow” said Miroslaw Winiarczyk, Head of the Treasury Department at Raiffeisen Bank. “FENICS® “FX’s Structuring Module helps the bank’s sales team to design, price, and distribute sophisticated structures with ease.”

“GFI is delighted to add Raiffeisen Bank Polska SA to the FENICS® client list”, said Richard Brunt, global head of GFI FENICS®. “This is a great example of a bank deploying FENICS regionally, using all aspects of FENICS® FX”. Brunt added “ What makes this deal significant is the level of work undertaken by GFI’s Professional Services Group in conjunction with the Raiffeisen team to customize FENICS® to fully integrate the system into the Raiffeisen workflow on an enterprise level”.

Raiffeisen Bank Polska SA completed extensive testing and regional deployment of FENICS® FX in the first quarter of 2009.

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.

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, 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(TM), GFInet(R), CreditMatch(R), GFI ForexMatch(R), EnergyMatch(R), FENICS(R), Starsupply(R), Amerex(R), and Trayport(R).

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.

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