GFInet

About GFInet

GFInet Inc. operates as a pivotal subsidiary of GFI Group, providing a sophisticated suite of electronic brokerage services, market data, and analytics software tailored for institutional clients. The company was incorporated in 2000 and is headquartered in New York, functioning as a core component of GFI Group's extensive financial services network. GFI Group itself was founded in 1987 by Michael Gooch, who pioneered the offering of over-the-counter (OTC) US government bond options. Following a significant acquisition, GFI Group, and by extension GFInet, now operates as a division of BGC Partners, a global brokerage company.

GFInet's business is centered on serving the wholesale financial, energy, and commodity markets. It provides a hybrid brokerage model that uniquely combines the efficiency of its electronic trading platform with the personalized service of an experienced voice brokerage team. This dual approach caters to the complex needs of its client base, which includes leading commercial and investment banks, corporations, insurance companies, asset managers, and hedge funds. The firm generates revenue by acting as an intermediary, matching trades for its clients, and by licensing its proprietary market data and analytics software, which provides crucial decision support.

The GFInet platform is engineered specifically for the professional trader, offering real-time data and execution services. Its key features include the ability to monitor market activity, post bids and offers, and execute transactions instantaneously. The system also maintains comprehensive audit trails of all trading activity, ensuring transparency and accountability. One of its notable services is the Credit Default Swap (CDS) Mark-to-Market (MTM) service, which brings greater transparency to the credit derivatives market by providing reliable price verification based on actual trade levels. This service is particularly valuable for risk managers and product controllers who need to accurately mark-to-market their positions.