NEW YORK, February 1 /PRNewswire/ --
- Acquisition Complements GFI's Hybrid Brokerage Model by Accelerating Electronic Trading Capability
GFI Group Inc. (Nasdaq: GFIG) announced today that it has acquired Trayport, a leading provider of real-time electronic trading software for brokers, exchanges and traders in the commodities, fixed income, currencies and equities markets. Trayport's software is installed on more than 10,000 trading screens worldwide, dealing in over 2,000 different trading instruments and supporting over 50 marketplaces across 15 countries. Trayport, a privately-held company founded in London in 1993, had estimated revenues of 14 million pounds (approximately US$28 million) for their fiscal year ending January 31, 2008.