(PRWEB) October 25, 2011
GFI Group, Inc (NYSE: ?GFIG?) a leading provider of wholesale brokerage, electronic execution and trading support products for global financial markets, has been ranked No.1 overall inter-dealer broker in the credit category by Risk magazine.
Risk conducted the poll amongst dealers and brokers globally and received 1,641 responses from dealers and brokers to this year?s interdealer survey. The responses were divided among Europe (57.7%), North America (22%), Asia (19.2%) and other (1.1%).
Colin Heffron, President of GFI Group said, ?We are very happy to be voted the top broker in the credit category for the fourteenth consecutive year. The change in the markets over the last 14 years has been significant so, to have achieved first place continuously points to the dynamic aspects of GFI?s hybrid platform?. He added, ?We work hard to provide our clients with the best quality service from our experienced brokers and our state of the art technology?.
GFI was also voted the top broker for Exotic Equity Products – in the Volatility/variance swaps category, in US Dollar/Yen and US Dollar/Sterling Forwards and in Euro/Yen and Euro/Sterling Options.
Voters in the survey could base their decisions on a variety of criteria, including pricing, liquidity provision, counterparty risk, speed of execution and reliability.
The survey covered 97 derivatives categories across interest rates, foreign exchange, credit and equity derivatives. Participants were asked to vote for their top three brokers in order of preference in derivatives categories that they had traded in over the course of the year.
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 2,000 people with additional offices in London, Paris, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Bogota, Dubai, Dublin, Tel Aviv, Calgary, Los Angeles, Nyon 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