GFI Group Statement on Confirmation of Chris Giancarlo as Commissioner of the CFTC

NEW YORK, June 4, 2014 /PRNewswire/ -- GFI Group Inc. (NYSE: GFIG) is pleased to congratulate J. Christopher Giancarlo, outgoing Executive Vice President of the firm, on his confirmation by the United States Senate to serve as a Commissioner of the Commodity Futures Trading Commission ("CFTC").

"We are honored that the Senate has confirmed President Obama's nomination of Chris Giancarlo to serve on the CFTC," said Colin Heffron, CEO of GFI Group. "Chris is deeply knowledgeable about the global swaps and futures markets.  His business leadership and legal expertise will be of tremendous help to the Commission as it completes the implementation of financial regulatory reform."

Michael Gooch, Executive Chairman, added, "GFI Group has benefitted from Chris Giancarlo's energy, acumen and common sense for more than a decade. He is worthy of this recognition and the chance to put his knowledge and experience to work in service to the American public." 

Gooch added, "We also congratulate Sharon Bowen and Timothy Massad on their confirmation and wish them success in their service as Commissioners of the CFTC."

Since joining GFI in 2001, Chris Giancarlo has been responsible for the company's strategic relationships and transactions, including M&A, equity finance, investment banking, strategy development, analyst communications and investor and government relations.

Mr. Giancarlo is a former board member and Chairman of the Wholesale Markets Brokers' Association, Americas. He has written and spoken extensively on public policy, legal and other matters concerning regulation, technology and the financial markets, including testimony on implementation of the Dodd Frank Act before the US Congress and regulatory agencies.

Mr. Giancarlo holds a J.D. degree from Vanderbilt University Law School (1984) and a B.A, Phi Beta Kappa from Skidmore College (1981). Mr. Giancarlo is a member of the New York Bar.

About GFI Group Inc.

GFI Group Inc. (NYSE: GFIG) is a leading intermediary in the global OTC and Listed markets offering an array of sophisticated trading technologies and products to a broad range of financial market participants.  More than 2,500 institutional clients benefit from GFI's know-how and experience in operating electronic and hybrid markets for cash and derivative products across multiple asset classes, including fixed income, interest rates, foreign exchange, equities, energy and commodities.  GFI's brands include Trayport®, a leading provider of trading solutions for energy markets worldwide and FENICS ®, a market leader in FX options software. 

Founded in 1987 and headquartered in New York, GFI employs over 2,000 people globally, with additional offices in London, Paris, Nyon, Dublin, Madrid, Sugar Land (TX), Hong Kong, Tel Aviv, Dubai, Manila, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Bogota, Buenos Aires, Lima and Mexico City.

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.

SOURCE GFI Group Inc.