Energy: The New Taste Sensation
On Feb. 1, GFI Group announced it had acquired electronic trading platform provider Trayport for a measly $166 million. From a technology perspective, it is probably one of the best investments CEO Michael Gooch has made.
The acquisition provides GFI with additional internal talent to further develop the its internally developed EnergyMatch, CreditMatch and ForexMatch platforms, which will only grow in importance as the various over-the-counter (OTC) markets become more automated.
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