GFI Group, Inc.
The secret to being a leading wholesale broker is to be a whole lot more.
GFI Group, Inc. is a leading wholesale broker providing access to liquidity in a host of energy and commodity markets around the globe including power, coal, natural gas, ethanol, oil, freight, precious and base metals, emissions, renewable energy credits, energy consulting and energy data services. GFI’s energy business has grown to become a large and diversified group acting as an intermediary, electronic marketplace, providing access to clearing for physical and derivatives transactions as well as trading software available to more than 13,000 users worldwide.
GFI continues to challenge the status quo, developing new ways of interacting with customers, enhancing product lines, engaging with the industry and its regulators, and providing additional trading and clearing services.
If you’re not seeing our market, you’re not seeing the whole market
The next-generation electronic marketplace EnergyMatch combines liquidity pools of multiple brokerage firms and electronic trading participants, along with multiple clearing options. As one of the leading execution venues, we create value by offering a wide choice of markets including east, west, zonal and ERCOT power, Henry Hub Gas and options. Customers have access to multiple clearing houses including Nasdaq Commodities Clearing CME, Clearport, ICE, Nodal Exchange, NGX, VMAC and CCFE.
Our European desks are made up of experienced brokers and e-commerce specialists who share knowledge, combining cross-commodity and cross-regional expertise. GFI’s European customers can trade European and UK electricity, Europe and UK gas, coal, emissions, fuel oil, and wet and dry freight. Providing choice is GFI’s top strategic goal. As a market leader, we continue to invest in trading technology to streamline price and size discovery and to contribute to the development of more competitive, better-functioning markets in Europe.
We support effective and smart regulation, and have been active in lobbying efforts through direct and indirect discussions with regulatory and congressional staff in the US and their counterparts in Europe. We have formulated various committees within GFI to tackle the increased executive, compliance, technology and implementation demands of the proposed new regulatory requirements. It is our belief that our technology and its connectivity and straight-through processing capabilities will help us transition to the new requirements. We also expect that the advent of centralised clearing in certain bilateral markets will facilitate a larger customer base for us as traditionally interdealer markets open to a wider group of institutional, hedge fund and corporate clients.
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