Trayport(R)'s GlobalVision Broker Trading System(SM) Links to CME ClearPort(R) For Clearing

NEW YORK, Feb. 24 /PRNewswire/ -- Trayport Limited, the leading provider of multi-asset broker trading solutions, today announced its GlobalVision Broker Trading system will clear over the counter (OTC) products including oil, carbon emissions, freight transactions, power and natural gas through CME® ClearPort®. CME ClearPort is a post-trade clearing service that helps mitigate counterparty risk by clearing OTC transactions across multiple asset classes worldwide.

Trayport is helping its broker clients access clearing systems that are seeing a growing use created by new OTC energy market opportunities. The connectivity from Trayport's GlobalVision Broker Trading system to CME Group's CME ClearPort service is the third link to a clearing house announced by Trayport.  Access provided to other clearing houses includes NOS and LCH Clearnet.

By providing straight-through processing from Trayport's GlobalVision Broker Trading System, brokers will be able to access CME ClearPort directly. This automated connectivity reduces operational risks associated with entering transaction data manually. Market participants can customise their front-end software to meet their particular trading requirements while efficiently accessing post trade clearing services on-line with CME ClearPort.

"We are very pleased to be able to offer our brokers access to CME ClearPort.  This is another important step in providing our clients with straight-through OTC clearing capabilities. As our clients' markets continue to move towards central counterparty clearing, it is important that our GlobalVision Broker Trading System remains at the forefront of these developments. This new functionality provides automated two way communication with CME Clearport, giving our broker clients a clearing status and ID for trades submitted for clearing.  The implementation also offers the flexibility of adding further clearing plug-ins for the future," said Dan Smith, Head of Broker Trading Systems, Trayport.

Brokers wanting to trade these contracts must first establish an account with a NYMEX clearing member firm. Margin requirements are netted against other cleared positions to reduce costs and improve cash flow.

About Trayport Limited

Trayport® is the leading provider of software to the global commodity trading community. It develops, deploys and supports quality, resilient software for trading in any asset class worldwide in cleared or OTC markets. Trayport's GlobalVision(SM) software is used by the world's largest trading companies in high profile markets that include derivative and cash instruments. Founded in 1993, Trayport has offices in London, New York and Hong Kong. Trayport is a subsidiary of GFI Group Inc. ('GFIG' on Nasdaq). More information is available at www.trayport.com.

About CME Group Inc.

CME Group is a trademark of CME Group Inc., used here under license.  CME is a trademark of Chicago Mercantile Exchange Inc., used here under license.  ClearPort is a trademark of New York Mercantile Exchange, Inc., used here under license.

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.

SOURCE Trayport Limited