New York, January 14, 2013 – GFI Group Inc. (NYSE:GFIG) announced today that the FENICS FX options multi-bank trading platform “FENICS Trader^SM“ will now be operated by regulated subsidiaries of GFI Group Inc. and renamed GFI Direct.

This repositioning of the Request for Quote “RFQ” platform for FX options responds to the requirements of the new regulatory environment introduced by the Dodd-Frank Wall Street Reform and Consumer Protection Act and the regulations issued by the CFTC.

Paul Millward, Head of FX E-Commerce at GFI Group said: “We are delighted to be taking responsibility for building on the success of FENICS Trader under the GFI Direct brand.   Our GFI Direct customers will continue to receive the high level of service that they currently receive from FENICS^SM.  In addition, we will develop the GFI Direct product as a key part of GFI’s FX ecommerce strategy”.

Richard Brunt, Managing Director of FENICS, explained the changes: “We are making these changes in response to US regulations enacted as part of the Dodd Frank Act.  This transition will not inconvenience our clients or our liquidity providers with no change to their existing workflow”, Brunt continued: “GFI Direct will be available as a trading venue via the FENICS Professional^SM desktop, with auto population of order requests to GFI Direct and STP of post trade details for risk management and downstream processing”.

FENICS Trader was launched in February 2011.FENICS Trader is a single point of access to multi-bank liquidity for foreign exchange options. It facilitates independent FX options price discovery, offering a “many-to-many” venue for bilateral trading and execution.

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About GFI Group Inc.

GFI Group Inc. (NYSE: “GFIG”) is a leading provider of wholesale brokerage services, clearing services, electronic execution and trading support products for global financial markets.

GFI Group Inc. provides brokerage services, market data, trading platform and analytics software products to institutional clients in markets for a range of fixed income, financial, equity and commodity instruments.

Fenics Software Limited is a subsidiary of GFI Group Inc.

Headquartered in New York, GFI was founded in 1987 and employs more than 2,100 people with additional offices in London, Paris, Nyon, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Bogota, Buenos Aires, Dubai, Dublin, Tel Aviv, Los Angeles and Sugar Land (TX).

GFI Group Inc. provides services and products to over 2,600 institutional clients, including leading investment and commercial banks, corporations, insurance companies and hedge funds. Its brands include GFISM, GFInet®, CreditMatch®, GFI ForexMatch®, EnergyMatch®, FENICS®, Starsupply®, Amerex®, Trayport® and Kyte®.

Forward-looking statement

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

For any queries or additional information please contact:

Patricia Gutierrez
Vice President – Public Relations
GFI Group Inc.
55 Water Street, 28th Floor
New York, NY 10041
Tel: (212) 968 2964
Mob: (646) 717 4379
patricia.gutierrez@gfigroup.com