GFI Group Inc. : GFI Group Announces the Appointment of Neil Standen to Head Swiss Office

Jan 9, 2012

New York January 9, 2012 - GFI Group Inc. (NYSE: "GFIG"), a leading provider of wholesale brokerage, electronic execution and trading support products for global financial markets, today announced the appointment of Neil Standen as Head of its recently opened Nyon office.

Julian Swain, Managing Director of GFI London said: "We are very pleased to have Neil Standen head our new office in Nyon. Neil's experience and know-how will contribute greatly to the growth of the business conducted out of Switzerland. This is an area of great potential for us and a natural step in our growth strategy".

Neil Standen joined GFI Group in 2011.Before joining GFI, Mr Standen worked in the Emerging Markets foreign exchange area of Tradition in London, setting up the broker's Islamic Finance division. Prior to this, Mr Standen spent 12 years at Collins Stewart Tullett Prebon, now Tullett Prebon, as head of their G10 forward foreign exchange in Europe, Africa and the Middle East.

The Nyon office focuses on brokering emerging market products including FX, FRAs, basis swaps, interest rate swaps and government bonds in CE3 currencies (Czech Koruna, Polish Zloty and Hungarian Forint), South African Rand and Turkish Lira. The office will also offer a service in listed products.

GFI has a significant footprint in the brokerage of currencies of emerging markets such as Russia and Latin America. The Switzerland office will further complement GFI's participation in the Emerging Market sector at a global level. 

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 2,200 people with additional offices in London, Paris, Nyon, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Bogota, Dubai, Dublin, Tel Aviv, Calgary, 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 GFI(SM), GFInet®, CreditMatch®, GFI ForexMatch®, EnergyMatch®, FENICS®, Starsupply®, Amerex®, Trayport® and Kyte®.

GFI Group Inc. operates in Switzerland through its subsidiary GFI Securities Nyon SARL.

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

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