GFI Group Inc. Announces Accelerated Fourth Quarter Dividend of
$0.05 Per Share
NEW YORK, Dec. 7, 2012
/PRNewswire/ -- GFI Group Inc. (NYSE: GFIG), a leading
provider of wholesale brokerage, clearing services, electronic
execution and trading support products for global financial markets
(the "Company"), announced today that the Company's Board of
Directors has declared an accelerated fourth quarter 2012 dividend
of $0.05 per common share. The
accelerated dividend will be payable on December 27, 2012 to shareholders of record as of
the close of business on December 17,
2012.
This accelerated dividend is intended by the Board to be in lieu
of the quarterly dividend the Company would have otherwise
announced when it issued its fourth quarter and full year 2012
earnings in the first quarter of 2013 and that would have been paid
in 2013.
About GFI Group Inc.
GFI Group Inc. (NYSE: "GFIG") is a leading provider of wholesale
brokerage services, clearing services, electronic execution and
trading support products for global financial markets. GFI Group
Inc. provides brokerage services, market data, trading platform and
analytics software products to institutional clients in markets for
a range of fixed income, financial, equity and commodity
instruments.
Headquartered in New York, GFI
was founded in 1987 and employs more than 2,100 people with
additional offices in London,
Paris, Nyon, Hong Kong, Seoul, Singapore, Sydney, Cape
Town, Santiago,
Bogota, Buenos Aires, Dubai, Dublin, Tel
Aviv, Los Angeles and Sugar
Land (TX). GFI Group Inc. provides services and products to over
2,600 institutional clients, including leading investment and
commercial banks, corporations, insurance companies and hedge
funds. Its brands include GFI(SM), GFInet®, CreditMatch®, GFI
ForexMatch®, EnergyMatch®, FENICS®, Starsupply®, Amerex®, Trayport®
and Kyte®.
Forward-looking Statement
Certain matters discussed in this press release contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. When used in this press
release, the words "anticipate," "believe," "estimate," "may,"
"might," "intend," "expect" and similar expressions identify such
forward-looking statements. Actual results, performance or
achievements could differ materially from those contemplated,
expressed or implied by the forward-looking statements contained
herein. These forward-looking statements are based largely on the
expectations of GFI Group Inc. (the "Company") and are subject to a
number of risks and uncertainties. These include, but are not
limited to, risks and uncertainties associated with: economic,
political and market factors affecting trading volumes; securities
prices or demand for the Company's brokerage services; competition
from current and new competitors; the Company's ability to attract
and retain key personnel, including highly-qualified brokerage
personnel; the Company's ability to identify and develop new
products and markets; changes in laws and regulations governing the
Company's business and operations or permissible activities; the
Company's ability to manage its international operations; financial
difficulties experienced by the Company's customers or key
participants in the markets in which the Company focuses its
brokerage services; the Company's ability to keep up with
technological changes; uncertainties relating to litigation and the
Company's ability to assess and integrate acquisition prospects.
Further information about factors that could affect the Company's
financial and other results is included in the Company's filings
with the Securities and Exchange Commission. The Company does not
undertake to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
SOURCE GFI Group Inc.