Category: news

NEW YORK, NY, Apr 12, 2010 (MARKETWIRE via COMTEX) –GFI Group Inc. (NASDAQ: GFIG) today announced the establishment of its Latium Capital division. Latium Capital trades as principal in ethanol, natural gas liquids and other energy and agricultural markets.

The Latium Capital team is based in New York. It is presently comprised of four traders: Robert Esposito, Robert Rozzi, Evan Kornhauser and Joseph Verdi. Ron Deal is also expected to join the team in May. The new team has a combined 75 years of experience in the commodities markets.

Robert Esposito, head of Latium Capital said: “We are very excited to be part of the GFI family and its dynamic business environment.”

Michael Cosgrove, GFI Group Managing Director and Head of Commodities and Energy Brokerage North America said: “With Latium Capital we have established a unique service for new and existing customers that is distinctly different from our traditional agency brokerage businesses.”

Latium Capital is a division of GFI Securities LLC.

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.

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 Group Inc. 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(SM), 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 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; 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.

SOURCE: GFI Group Inc.

New York, April 6, 2010 – GFI Group, Inc (NASDAQ: “GFIG”) a leading provider of wholesale brokerage, electronic execution and trading support products for global financial markets, has been ranked 2010 No.1 overall inter-dealer broker in the credit category by Credit magazine.

Voters cited GFI’s proven track record in credit derivatives, its strength across multiple markets, its reputation as a liquidity provider and its professionalism as key decision factors. 

Colin Heffron, President of GFI Group said “We are very pleased to be ranked overall no 1 in the credit category by our customers; we work hard at providing them with the best service and products to fit their needs” and added, “it is a great satisfaction for all of us and a testimony to the dedication of our people and our leading technology in the credit space.”

This newly created ranking is based on a poll of broker dealers actively trading fixed income with inter-dealer brokers as counterparties. The categories cover only fixed income, split by currency, market or asset class and include both cash and CDS (credit defaults swaps).

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.

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 Group Inc. 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 SM, 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 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; 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, March 23, 2010 – GFI Group (NASDAQ: “GFIG”) announced today that Hyman Beck and Company , one of the world’s most diversified alternative investment managers, has licensed FENICS Professional™ for the pricing and risk management of its FX options business.  The agreement includes FENICS Pricing, Analysis, and Structuring.

James Lubin, Principal and COO of Hyman Beck said: “We are very pleased to have chosen FENICS Professional as an enhancement to our existing risk management systems.  I was greatly impressed by the flexibility of FENICS reporting and the benefit it will deliver to the current risk control processes utilized in our FX options portfolio.  GFI FENICSSM is a brand that has been industry-recognized for many years and the ease of deployment allowed us to be up and running quickly.”

Suzanne Poulin, Head of GFI FENICS Sales for the Americas commented: “GFI has been successful in adding new clients in the investment management sector and is very happy to welcome Hyman Beck and Co. FENICS Professional encompasses all of the tools needed to manage an FX options business efficiently.”

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.

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 Group Inc. 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 SM, 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 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; 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, NY, Mar 22, 2010 (MARKETWIRE via COMTEX) — GFI Group (NASDAQ: GFIG) has appointed Robert Roberto as Head of Equities North America. Mr. Roberto joins GFI Group from Knight Trading Group where he was Managing Director and headed the Institutional Sales Trading Group. Prior to that Mr. Roberto was head of International Sales Trading at Salomon Smith Barney.

GFI US Equities group provides a wide range of solutions for trading equities. GFI’s hybrid model offers clients electronic and broker assisted execution in both listed and OTC equities and equity derivatives, with connections to all the major exchanges. From its desks in New York, London, Paris, Hong Kong and Tokyo, GFI delivers seamless access to liquidity as well as a host of value added services from bespoke research to corporate access.

“Robert is a highly respected and experienced addition to our company. We are very pleased he is joining our seasoned equities group and adding yet more depth to our equities offering,” said Ron Levi, GFI Group Chief Operating Officer.

Also joining GFI and reporting to Mr. Roberto are Anthony Belluzzi, Meghan Re and Marian Gitlin. Together they bring over 50 years of equity sales experience to the Group.

GFI Group’s equity desks are renowned for their excellence, winning No.1 Equity Index Options category in Risk magazine’s annual inter-dealer survey in 2008, winning No.1 Equity Derivatives category overall in 2006 and coming 2nd overall in 2007 and 2005.

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.

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 Group Inc. 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(SM), 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 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; 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.

SOURCE: GFI Group Inc.

http://www2.marketwire.com/mw/emailprcntct?id=3B1F337325C284C0

New York, March 10, 2010 – GFI Group Inc. (NASDAQ: “GFIG”) announced today the launch of the GFI Tax Receivables Desk, providing brokerage services in the secondary market for all forms of tax receivables.

The Tax Receivables Desk offers its clients a valuable new product. The desk provides tax lien investors with crucial liquidity enhancement through in-depth market knowledge, access to a range of potential counterparties and singular focus on efficient execution. GFI is helping to develop the secondary market for trading of tax receivables by providing efficient price discovery and execution, thus offering investors a unique opportunity to trade this asset class. 

The new group will be headed by Thomas R McOsker and Howard C Liggett who have a combined experience of over 38 years in the field, and in-depth knowledge of the complex tax lien receivables market. Mr. Liggett currently serves as Executive Director for the National Tax Lien Association.

Ron Levi, Chief Operating Officer of GFI Group said: “We believe our new Tax Receivables Desk will fill a much needed gap in the development of the tax lien receivables market. GFI’s technology will enable us to introduce a hybrid (voice and electronic broking) model which will provide structure to the fragmented secondary market” and added, “We firmly believe that GFI is uniquely positioned to enhance liquidity in the $100 billion tax receivables marketplace by leveraging our successes in other illiquid asset and derivative spaces.”

Tax receivables financing is one of the oldest financing models in America.  To date, there is no liquid secondary marketplace for institutional clients. Currently, 28 states, the District of Columbia and 2 territories participate in some form of tax receivable financing.

The GFI Tax Receivables Desk applies specific market knowledge to locate bids and offers and aggregates pools of liquidity. The desk will provide brokerage services to all forms of tax lien investors; including global financial institutions, hedge funds, private equity firms, regional lien pools, venture capital investors, local and state taxing authorities, corporations and family offices.

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. 
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 Group Inc. 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 SM, 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 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; 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.

Disclaimer
This summary does not constitute an offering of securities, tax liens, tax deeds, or other products. The services described herein are provided by GFI Brokers LLC, a wholly owned subsidiary of GFI Group Inc.( together with its affiliates, “GFI”)  In providing such services, GFI acts solely as a name give-up broker, and at no time assumes principal positions in any trade. Any parties to a transaction will be wholly responsible for the settlement of each transaction and will not rely on GFI for the settlement of each transaction. Confirmations should be checked and matched with trades as soon as is possible but no later than 24 hours after each trade.  GFI will not be held liable for trade differences that arise as a result of confirmations not being checked promptly upon receipt of such confirmation.

GFI and its employees are not in the business of providing tax or legal advice and do not provide any such advice to any person outside of GFI.  This promotion is not intended or written to be used, and cannot be used or relied upon, for the purpose of avoiding tax penalties.  You should seek advice based on your particular circumstances from an independent tax advisor.

The lien or tax certificate is a lien for the taxes due only. The lien or tax certificate does not transfer title to the parcel upon which the lien was purchased or assigned. Due diligence or pre-purchase research is advised to identify any other liens, which may apply against the property. A lien does not allow for trespass upon the property or right of eviction proceedings against the delinquent property owner if occupied. Tax lien purchase does not allow for initiating demolition or making improvements on the property. Federal bankruptcy filed against a property will freeze all activity including redemption on the parcel(s) involved. Funds invested cannot be refunded until the bankruptcy is released. Payment of interest on tax liens against properties in a bankruptcy can and will be determined by the federal bankruptcy court. Caveat Emptor “Let the buyer beware” applies in all tax lien, tax certificate and tax deed foreclosure transactions.

New York, February 22, 2010 – GFI Group Inc. (NASDAQ: “GFIG”) announced today that Luzerner Kantonalbank is deploying FENICS Professional™ which enables the bank  access to FENICS® Structuring and FENICS Enterprise™.

A GFI FENICSSM client since 2006, Luzerner Kantonalbank is extending its agreement for a further 3 years and will continue to use GFI Professional™ for FX options price discovery, portfolio management and automated downstream STP (straight-through processing) of the bank’s back office system for bank wide risk management. 

Daniel W. Bommer, Director of Forex Derivatives at Luzerner Kantonalbank, said: “We have been working with FENICS® for a number of years and we are very pleased with the product. It is a powerful and reliable tool which supports our dealing portfolio management” and added, “In addition to the already proven high functionalities of the system, we are very pleased with the new functionality that we enjoy as part of the FENICS Professional™ agreement.”

Richard Brunt, Global Head of GFI FENICSSM stated: “We are very happy Luzerner Kantonalbank has taken our relationship to the next level and invested in FENICS Professional™ as the system of choice to develop its expanding FX option business into the future” and added, “Our business continues to grow strongly in the Swiss kantonal banking area where we are attracting new clients and where existing clients are expanding their usage of FENICS®.”

Founded in 1850, the Luzerner Kantonalbank is a traditional full-service bank with all of its liabilities covered by a state guarantee.

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. FENICS Enterprise™ is a suite of server components, able to handle the entire lifecycle of FX derivative instruments. This open platform solution leverages clients’ existing infrastructure to deliver a variety of bespoke, mission critical, enterprise-wide solutions.

GFI FENICS has been the leading provider of FX derivatives software since 1987, with its products licensed to over 350 client firms worldwide, financial institutions and corporations, with thousands of users benefiting from its solutions.

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 Group Inc. 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 SM, GFInet®, Credi™atch®, 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 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; 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, December 14, 2009 – GFI Group Inc. (Nasdaq: “GFIG”) announced today that Woori Investments & Securities (Woori I&S), a pioneer in the Korean domestic securities market, has licensed FENICS® Professional, a pricing and risk management system for foreign exchange options.

The agreement allows Woori I&S to use FENICS® Professional for pricing, analysis and structuring of FX options, including exotic options. Woori I&S plans to expand their business scope in the FX options trading space that has traditionally been the domain for banks.

Keon-ho Kang, General Manager of Fixed Income, Currency and Commodities Derivatives Trading Department at Woori Investments said, “When starting out our FX options business, we naturally went for GFI FENICS®, as there is proven credibility in their ability to provide market pricing and accurate analysis. During the trial process, I have seen for myself that FENICS® Professional has enhanced product support for non-deliverable currencies such as the Korean Won.” “As an end-to-end solution, it provides the necessary tools such as a straight-through processing capability that caters for our future expansion”, he added.

 “We are very pleased to welcome Woori I&S as a customer” said Elliott Hann, Head of GFI FENICS® Sales for Asia Pacific “They are the first Korean securities house moving into this space and we are proud to be working with them in this initiative”.

Richard Brunt, Global Head of GFI FENICS®, added” GFI FENICS® continues to see strong growth in Asia from countries such as Korea, China and Taiwan. We are looking forward to expanding our presence in the region with additional hires in 2010, to ensure our growing client base will continue to receive the very best in support services”.
FENICS® Professional is a suite of pricing, trading, risk management and STP (straight-through processing) components allowing customers to monitor and oversee every aspect of their FX option trading and lifecycle management.
GFI FENICS® is licensed to over 350 clients worldwide including financial institutions and corporations, with thousands of users benefiting from its solutions.  

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®.

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; 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, December 3, 2009. ?In an annual survey conducted by the publication FX Week, GFI FENICS® was voted the number 2 best Risk Management/Options Pricing Vendor, up from number 3 in 2008.

FX Week surveyed over 6, 500 foreign exchange market professionals.

The full list of awards and awardees is featured in FX Week’s November 16, 2009 issue.

NEW YORK, NY, Nov 02, 2009 (MARKETWIRE via COMTEX) — GFI Group Inc. (NASDAQ: GFIG) will pay tribute to injured service members and veterans during an event it will hold on Wednesday, November 4th, with the Bob Woodruff Foundation (BWF) at GFI’s headquarters in downtown New York. GFI will have the honor of contributing to the remarkable work the BWF carries out amongst our nation’s injured members of the armed forces.

The day will include service men and women and their families on GFI’s broking floor working alongside brokers to experience firsthand the daily activities of an inter-dealer broker.

The BWF is a national nonprofit that helps ensure the return of injured service members to a home front ready to support them. The Foundation’s mission is to provide resources and support to injured service members, veterans and their families, especially those who have sustained the “Hidden Injuries of War” back into their communities so they may thrive physically, psychologically, socially and economically.

Colin Heffron, President of GFI Group, said: “We are committed to helping the Bob Woodruff Foundation in its outstanding work at finding and funding the best and most effective programs to ensure that our injured heroes and their families have successful futures,” and added, “We have a debt of gratitude to these brave men and women that have put their lives at risk for the well being of us all.”

GFI has supported the Bob Woodruff Foundation for over three years and is a key sponsor of BWF’s annual “Stand Up For Heroes: A Benefit for the Bob Woodruff Foundation at Town Hall in New York” that will take place on the evening of November 4th.

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(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
Email Contact

SOURCE: GFI Group Inc.

New York, December 1, 2009. – CS Capital, a division of GFI Securities LLC and part of the GFI Group of companies (Nasdaq GFIG), has initiated research coverage on Cisco System, Juniper Networks and Sonus Networks.

Cisco Systems (CSCO US) was initiated with a Buy rating at CS Capital by equity analyst Natarajan (Subu) Subrahmanyan.  The target price is $28.00 per share.

Juniper Networks (JNPR US) was initiated with a Neutral rating at CS Capital by equity analyst Natarajan (Subu) Subrahmanyan.

Sonus Networks (SONS US) was initiated with a Neutral rating at CS Capital by equity analyst Natarajan (Subu) Subrahmanyan.

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®, 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 GFI Group (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