Over the years, the face of the financial industry has evolved dramatically from the traditional trading models to electronic trading. As technology continues to advance, it's increasingly clear that electronic trading is the future of finance. That's why the GFI Group are among the institutional entities that are taking an active role in ensuring that electronic trading becomes the preferred mode of trading for a majority of traders. GFI’s long-standing reputation for reliability, efficiency, and security leverages its significant market expertise to provide market participants with innovative electronic trading solutions.
History: Founded in 1987, GFI Group is a leading provider of wholesale brokerage, clearing, and electronic trading services across asset classes including Rates, Credit, Equities, and energy markets. The firm serves a diversified global customer base that includes banks, hedge funds, corporations, insurance companies, municipalities, and other institutions. Their institutional customers rely on GFI to facilitate markets in over 50 countries across the Americas, Europe, and Asia.
GFI Software and the Benefits of Using It: GFI's legacy voice brokerage business has transitioned and evolved to incorporate advanced electronic trading solutions in response to industry demand. The Company's drive to enhance its business capabilities and product delivery systems is a direct response to the market's transformation to electronic trading. GFI offers institutional clients direct access to trade execution, risk management, and market data services via its customizable, user-friendly, GFI Direct and FENICS platforms.
GFI Direct is a user-friendly, real-time platform that directly connects customers to GFI’s electronic markets, with customers able to execute trades, monitor positions & P&L, and access market data services. FENICS Professional, on the other hand, is an electronic options trading platform that combines normal, implied and algorithmic options analytics, offering high-speed technology and a rich cross-asset class liquidity pool. FENICS Go, its sister platform, offers FX options trading for the non-professional trader.
Services: GFI also offers electronic trading services for Energy, through EnergyMatch Europe, North America, and Asia, offering voice, broker-assisted, and electronic trading platforms. EnergyMatch provides market participants with the ability to trade physical and financial energy commodities in real-time with more flexibility, transparency and efficiency, with regards to their energy supply and fulfilment.
Furthermore, GFI’s efforts in bringing its voice brokerage services online through advanced electronic trading solutions have made it a global standout within the industry. GFI Group was awarded Best Broker for Electronic Trading across multiple asset classes at the 2020 annual WatersTechnology Rankings. In addition, The Digital European Energy Strategy Summit (DEESS) recognized GFI as the Best digital marketplace platform in November of 2020.
Related FAQs
Q.1 What is GFI Group?
A.1 GFI Group is a leading wholesale brokerage and clearing institution that specializes in electronic trading solutions across asset classes including Rates, Credit, Equities, and Energy markets.
Q.2 What services does GFI offer?
A.2 GFI offers institutional clients direct access to trade execution, risk management, and market data services through its customizable platforms GFI Direct and FENICS Professional. In addition, the company provides Energy trading services via EnergyMatch Europe, North America and Asia.
Q.3 What awards has GFI Group won?
A.3 GFI Group was awarded Best Broker for Electronic Trading across multiple asset classes at the 2020 annual WatersTechnology Rankings. In addition, The Digital European Energy Strategy Summit (DEESS) recognized GFI as the Best digital marketplace platform in November of 2020.
Q.4 What is GFI Direct?
A.4 GFI Direct is a user-friendly, real-time platform that directly connects customers to GFI’s electronic markets, with customers able to execute trades, monitor positions & P&L, and access market data services.
GFI's FENICS Professional platform is an electronic options trading platform that combines normal, implied and algorithmic options analytics, offering high-speed technology and a rich cross-asset class liquidity pool. FENICS Go offers FX options trading for the non-professional trader.
Q.5 What is EnergyMatch?
A.5 EnergyMatch provides market participants with the ability to trade physical and financial energy commodities in real-time with more flexibility, transparency and efficiency, with regards to their energy supply and fulfilment. EnergyMatch is available in Europe, North America, and Asia.
Conclusion:
GFI has a robust history and reputation as a leading voice-brokerage firm across asset classes. However, as technology advances, their electronic trading capabilities have become a significant driver of growth. The company provides its clients with comprehensive coverage across all markets through their innovative electronic trading solutions. The combination of their institutional voice brokerage heritage and their leading electronic capabilities has positioned GFI as a key provider for the wholesale financial markets. With the increasing trend of electronic platforms in today's digital world, GFI Group has proven to be a leading institution that is enabling its customers to stay ahead of the curve.