GFI
GFI Adds Next-Gen Exotic Pricing Models to Fenics
London-based interdealer broker GFI has launched a new version of its Fenics FX options pricing and risk tool with enhanced mathematical models, including a Local Stochastic Volatility (LSV) pricing model to enable users to price complex exotic options,…
Markit Confirms Federated Chat Partners
Data vendor Markit has named Bank of America Merrill Lynch, Credit Suisse, Barclays, Citigroup, JPMorgan Chase, and GFI Group as official partners in its Federated Chat initiative, joining Deutsche Bank, Goldman Sachs, Morgan Stanley and Thomson Reuters,…
Fenics to Provide FX Options Analysis to Shanghai Bank
Bank of Communications (BoC), a financial services group based in Shanghai, has licensed Fenics Professional, a pricing and risk management system for foreign exchange (FX) options from GFI subsidiary Fenics.
GFI Files to be a SEF
GFI Group, a New York-based broker and technology vendor, has filed an application with the US Commodity Futures Trading Commission (CFTC) to become a multi-asset swap execution facility (SEF).
Ex-Tradeweb, Benchmark Solutions CEO Toffey Joins GFI
James Toffey, who founded Tradeweb and later worked with private equity firm Warburg Pincus to build short-lived fixed income pricing provider Benchmark Solutions, will head up the interdealer broker's electronic markets in cash, derivative instruments,…
GFI Builds Out SEF, DCM Capacity with Violin Memory
Wholesale brokerage and electronic execution provider GFI will deploy Violin's solid-state Flash Memory Arrays for increased speed and capacity across all its trading platforms.
Fenics and Traiana Team Up On OTC FX Derivatives
Fenics Software, a GFI Group company, has signed an agreement with Traiana that will allow Fenics customers to manage the reporting of OTC foreign exchange (FX) derivatives into swaps data repositories and clearing houses.
GFI Group Changes CEOs
GFI Group president Colin Heffron will assume responsibility as CEO, effective immediately. A company spokesperson says Heffron was being groomed to take over the role.
Fixed Income Panel Talks Fragmentation and SEF Rules
A panel at a recent Tabb Group conference on the future of fixed income debated the delay in implementing SEF rules and the effect of venue aggregation.
Fixed Income Panel Talks Fragmentation and SEF Rules
A panel at a recent Tabb Group conference on the future of fixed income debated the delay in implementing SEF rules and the effect of venue aggregation.
Fenics Embeds Options Pricing into 360T
Fenics Software, a GFI Group company, has signed an agreement with 360 Treasury Systems (360T) to embed the Fenics FX Options Pricing engine (Fenics ePricer) into 360T's TEX multi-dealer trading system.
GFI's FX Platform Makes Changes
Fenics Trader, GFI Group's Fenics foreign exchange (FX) options multi-bank trading platform, will now be renamed GFI Direct and operated by subsidiaries of GFI Group, in a response to new regulation.
2012 Review: 2012: The Year of the Alternative Asset Class?
Faye Kilburn looks at the year's rising market data applications for alternatives, with a particular focus on commodities.
Predictions About Final SEF Headcount Drop
As the real-live launch of real-life swap execution facilities (SEFs) draws closer, a group of derivative experts predict that there will be fewer entrants than previously estimated.
Soven, Efforte Tap GFI Commodities Data
European firms roll out broker's commodities data to support energy trading
Interdealer Brokers Tap MarkitServ for FX
BGC Partners, GFI, Tradition, Tullett Prebon choose MarkitServ to manage workflows.
Thomson Reuters, GFI and SDIC Form Chinese Brokerage
Application filed for FX and money group.