PRICE DISCOVERY FOR UK PROPERTY DERIVATIVES

London - 13February 2007

GFI Group Inc. (Nasdaq: GFIG) has launched FENICS® Property, on-line price discovery software to support the rapidly growing UK property derivatives market.

FENICS Property users can view prices currently available in the market, the property returns implied by these prices and graphs of historical data. This enables analysis of the relationship between property derivatives prices and property performances thus identifying opportunities for profitable trading or investment.

"The UK property derivatives market has grown rapidly in recent years and FENICS Property should help support its continued growth", said Mike Levi, head of European property derivatives at CBRE/GFI - a collaboration between GFI and CB Richard Ellis which is now a leading broker in property derivatives.

Total volume for UK property derivatives transactions to the third quarter of 2006 was £3.7bn, according to IPD - a supplier of independent market indices and portfolio benchmarks to the property industry. The first deals in continental Europe have recently been executed, demonstrating its growth potential.

FENICS Property is a new part of GFI's FENICS product range - leading software and data for pricing and risk management in foreign exchange, credit and freight.

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