GFI Group’s Octagon Division Announces Key Hire to Its New York Operation

New York, NY - August 2009

Octagon, a division of GFI Securities LLC, announced today that it has hired Eddie Bakker as Octagon’s Head of US Equity Sales trading. Mr. Bakker was previously at CLSA./Calyon Securities for six years where he held roles as Head of Sales Trading for the Asia and U.S. Equities. Michael Conway, Managing Director of the Octagon Division, commented: “We continue to strengthen our U.S presence and are delighted with the addition of Eddie to our team”, and added,”he brings significant experience and client relationships enabling the growth of our franchise”.

GFI Group, through its Octagon divisions, provides global institutional clients with a suite

of services for the Asian and North American equity markets from its offices in New York and Hong Kong.

This new addition to the equities team further strengths GFI’s global equity offering, serving clients from New York, London, Dublin, Hong Kong, Paris and Tokyo.

GFI Securities LLC is a subsidiary of GFI Group (Nasdaq: “GFIG”).

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