Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  GFI Group Inc.    GFIG

End-of-day quote. End-of-day quote  - 04/09
5.93 USD   +0.85%
01/03 GFI : BGC Partners Updates Its Outlook for the Fourth Quarter of 201..
2015 GFI : BGC Partners to Update Outlook for the Fourth Quarter of 2015 ..
2015DJNew York Opens Probe Into Currency Manipulation
SummaryQuotesChartsNewsCalendarCompanyFinancials 
News SummaryMost relevantAll newsSector news 

GFI Group Inc. : GFI Group to Supply Haven Power with Power Data

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/23/2012 | 08:09pm CEST
UK power broker to receive GFI Market Data on UK and European power

May 23, 2012

New York, May 23, 2012 - GFI Market Data, a division of GFI Group Inc. (NYSE: "GFIG"), announced today that it has entered into an agreement with the UK company Haven Power. GFI will provide the power company with UK and European power data derived from its electronic trading platform and from its brokers.

Tim Whiting, Head of Trading at Haven Power, said: "GFI power data allows us to see where the UK power market is pricing and trading. Our strength as an electricity supplier is helped by this in depth view of the market which allows us to provide greater value to our business customers. Independent prices and accurate spreads are vital to us".

"We are delighted to welcome Haven Power as a client" said Shai Popat, Head of European Sales at GFI Market Data." We are supplying them with an independent and comprehensive view of the European energy markets, from GFI's highly experienced brokers and through our premier electronic trading screen for energy and commodities in Europe, EnergyMatch® Europe*. The ability to view prices directly on this platform gives our clients access to market data of the highest quality*".

Haven Power is part of Drax Power, one of the UK's largest independent power companies. Haven Power was launched in 2006 specifically to serve the electricity needs of small to medium sized business customers and to provide an alternative to the large multinational power suppliers. The company employs over 300 staff and has a turnover in excess of £100million.

Through GFI EnergyMatch®Europe, GFI Group's energy and commodities electronic trading platform for Europe, GFI Market Data provides a comprehensive view of executable and executed prices in the Power, Gas, Emissions, Coal and Freight markets. EnergyMatch ®Europe runs on Trayport®'s Broker Trading SystemSMtechnology. Trayport provides software to brokers, traders, and exchanges for price formation, execution and intelligence technology which is used globally for energy trading.

--------------------------------------------------------------------------------

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

GFI Market Data is the brand under which Fenics Software Limited operates its market data business.Fenics Software Limited is a subsidiary of GFI Group Inc.

About GFI Group Inc.
GFI Group Inc. (NYSE: "GFIG") is a leading provider of wholesale brokerage services, clearing services, electronic execution and trading support products for global financial markets. GFI Group Inc. provides brokerage services, market data, trading platform and analytics software products to institutional clients in markets for a range of fixed income, financial, equity and commodity instruments.

Headquartered in New York, GFI was founded in 1987 and employs more than 2,100 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 litigationand 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

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GFI GROUP INC.
01/12 GFI : Completion of Acquisition or Disposition of Assets, Change in Directors or..
01/03 GFI : BGC Partners Updates Its Outlook for the Fourth Quarter of 2015
2015 GFI GROUP INC. : Where Opportunity is Found - New Research on GFI Group, Rockwel..
2015 GFI : Entry into a Material Definitive Agreement, Financial Statements and Exhib..
2015 GFI : BGC Partners to Update Outlook for the Fourth Quarter of 2015 on December ..
2015 GFI : Completion of Acquisition or Disposition of Assets, Financial Statements a..
2015 GFI : Completion of Acquisition or Disposition of Assets, Financial Statements a..
2015DJNew York Opens Probe Into Currency Manipulation
2015 GFI : Entry into a Material Definitive Agreement, Financial Statements and Exhib..
2015 NYSE-owner ICE to buy commodities trading platform for $650 million
More news
Sector news : Investment Banking
07/22DJPacific Asset Management Hires Former GLG Partners Manager
07/22DJGeneral Electric, Honeywell Post Downbeat Revenue
07/22DJTRAVELERS : Finance Watch -- WSJ
07/21DJGoldman Sachs Raising Private-Equity Fund of $5 Billion to $8 Billion
07/21DJGOLDMAN SACHS : Raising Private-Equity Fund of $5 Billion to $8 Billion -- Sourc..
More sector news : Investment Banking
News from SeekingAlpha
2015 The Perfect Storm For BGC Partners
2015 WALL STREET BREAKFAST : Here Comes The GDP Revision
2015 New York opens inquiry into 'spoofing'
2015 GFI Group's (GFIG) CEO Howard Lutnick on Q3 2015 Results - Earnings Call Tran..
2015 INSIDERINSIGHTS.COM DAILY ROUND UP 7 : Qcom, angi, spnc, mini
Advertisement
Chart GFI GROUP INC.
Duration : Period :
GFI Group Inc. Technical Analysis Chart | GFIG | US3616522096 | 4-Traders
Full-screen chart
Income Statement Evolution
More Financials
Managers
NameTitle
Colin James Heffron Chief Executive Officer & Director
Michael Adrian Gooch Executive Chairman
Howard William Lutnick Chairman
James A. Peers Chief Financial Officer
Jerry Dobner Chief Technology Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
GFI GROUP INC.7.89%0
HAITONG SECURITIES COM..-0.51%24 363
NATIONAL COMMERCIAL BA..--.--%21 180
TD AMERITRADE HOLDING ..-12.19%16 120
CHINA CINDA ASSET MANA..-12.54%11 709
EVERBRIGHT SECURITIES ..-22.62%10 281
More Results