as nyse gfig industry banking financial services founded 1987 founder michael gooch executive chairman headquarters 55 water street new york new york u.s. area served worldwide key people colin heffron chief executive officer products fixed income financials equity commodity trading systems data & analytics clearing revenue us 924.59 million 2012 operating income us 10.5 million 2012 net income us 8.9 million 2012 total assets us 1.180 billion 2012 total equity us 425.16 million 2012 number of employees 2 062 2012 website www.gfigroup.com gfi group inc. gfi through its subsidiaries provides brokerage services trade execution market data trading platforms and other software products . clients are institutional customers in markets for a range of fixed income financial equity and commodity instruments . gfi is headquartered in new york usa and operates from new york london paris tokyo hong kong singapore and 15 other smaller financial centres such as dublin nyon bogota and tel aviv . gfi operates a hybrid brokerage approach combining a range of telephonic and electronic trade execution services depending on the nature of the products and the needs of the individual markets . the company complements its hybrid brokerage capabilities with decision support services such as value added data and analytics products research real time auctions and post transaction services such as straight through processing stp clearing finance links and trade and portfolio management services . the company was listed on nyse under gfig until march 2015 . contents 1 history 2 operations 3 philanthropy 4 competition 5 see also 6 references 7 external links history edit gfi group inc. was founded by michael gooch in 1987 . gfi was the first broker to offer over the counter finance otc us government bond options to the industry . in 2001 gfi acquired the leading fx analytical software provider fenics software ltd. in 2005 gfi acquired the north american operations of starsupply petroleum llc a leading broker of oil products and related derivative and option contracts . the firm acquired the north american brokerage operations of amerex energy in 2006 1 they are a wholesale broker of electric power natural gas and emissions products . in 2008 gfi acquired trayport ltd a leading provider of trading software for otc energy products and other markets . 2 on september 28 1999 the gfi group established a new venture to offer an online spot market for international telecommunications minutes according to michael gooch gfi president and ceo . . 3 in 2010 gfi group moved its listing from nasdaq to the nyse . 4 in march 2015 gfi delisted from the nyse following a 56 % share buyout by bgc partners in february 2015 . since the takeover gfi operates as a division of bgc . 5 operations edit gfi group provides execution services for institutional wholesale customers by either matching their trading needs with counterparties having reciprocal interests or directing their orders to an exchange or other trading venue . its operations focus on a wide variety of assets credit financial equity and commodity instruments including both cash and derivative products . in recent years it has developed cash equity and cash bond brokerage business that complement its brokerage of otc derivative products as well as expanding its services for cash instruments such as corporate fixed income and equities products . in essence gfi s primary role as a wholesale broker is to enhance trading liquidity . philanthropy edit gfi group is committed to helping the bob woodruff foundation 6 in its work educating the public about the needs of service members returning from war especially those who have sustained traumatic brain injuries and combat stress . gfi has supported the bob woodruff foundation and its campaign remind.org 7 for the past four years . competition edit tullett prebon bgc partners icap tradeweb see also edit foreign exchange broker dealer references edit market watch gfi buying amerex energy brokerage business for 86 mln cash retrieved 2013 01 01 finextra gfi buys trayport retrieved 2013 01 01 gfi group announces new venture to create spot market for international telecommunications minutes . nyse gfi transfers to nyse chad bray february 27 2015 . bgc partners gains control of gfi group . ny times dealbook . retrieved may 16 2016 . pr newswire gfi group to be presenting sponsor of star studded stand up for heroes event in association with the bob woodruff foundation and new york comedy festival retrieved 2013 01 01 remind.org external links edit www.gfigroup.com gfi group website retrieved from https en.wikipedia.org w index.php title gfi group & oldid 720594844 categories companies established in 1987companies based in new yorkcompanies listed on the new york stock exchangemultinational companies navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search 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