Wed, 21/11/2007 - 06:00
GFI Group has launched EnergyMatch, an electronic trading platform for over-the-counter energy derivatives. It will initially carry sulphur dioxide and nitrogen oxide emission contracts brokered by Amerex Brokers, a wholly-owned GFI subsidiary, with other emission types and energy contracts due to be added in due course.
'With the emissions market continuing to grow in importance, we believe EnergyMatch will play a key role in bringing together buyers and sellers in a very convenient and effective way,' says Ian Clague, GFI Group's head of energy for the Americas. 'The technology of EnergyMatch and experienced Amerex brokers is a powerful combination.'
EnergyMatch is an extension of GFI's electronic/broker-assisted hybrid broking business, which is already established in certain regions in the credit and foreign exchange derivatives markets with CreditMatch and ForexMatch.
GFI Group is an inter-dealer broker specialising in over-the-counter derivatives products and related securities, providing brokerage services, market data and analytics software products to institutional clients in markets for a range of credit, financial, equity and commodity instruments.
GFI was founded in 1987 and employs more than 1,500 people at its headquarters in New York and offices in London, Paris, Hong Kong, Tokyo, Singapore, Sydney, Seoul, Cape Town, Englewood, New Jersey, and Sugar Land, Texas.
The group provides services and products to more than 2,000 institutional clients, including investment and commercial banks, corporations, insurance companies and hedge funds. Its product brands include GFI, Starsupply, GFInet, CreditMatch, Fenics and Amerex.
Fri 30/09/2016 - 09:18
Thu 29/09/2016 - 13:51
Thu 29/09/2016 - 09:00
Wed 28/09/2016 - 16:03
Fri, 30/Sep/2016 - 14:19
Fri, 30/Sep/2016 - 09:58
Fri, 30/Sep/2016 - 09:55
Fri, 30/Sep/2016 - 09:53
Fri, 30/Sep/2016 - 09:34
Fri, 30/Sep/2016 - 09:28