GFI Group OverviewRaymond James 32nd Annual Institutional Investors Conference March 8, 2011Orlando, FL

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Certain matters discussed in this presentation contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this presentation, 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 the Company at the time of this presentation 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; and uncertainties relating to litigation.  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.

This presentation contains trade names, trademarks and service marks of other companies.  We do not intend our use or display of other parties’ trade names, trademarks and service marks to imply a relationship with, or endorsement or sponsorship of, these other parties.

Forward Looking Statements

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Overview: Leading Wholesale Broker

Market Capitalization

Company

Founded

Listing

Headquarters

Offices

Employees

Offerings

Clients

GFI Group Inc.

1987

GFIG (NYSE)

New York

$607 Million

New York, London, Paris, Singapore, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Bogota, Dubai, Dublin, Tel Aviv, Calgary, Los Angeles, Englewood (NJ) and Sugar Land (TX)

1,900+, including over 1,100 of brokerage personnel

Wholesale brokerage services, clearing services, market data, trading platform and analytics software products to institutional clients in markets for a range of fixed income, financials, equity and commodity instruments.

>2,600 Clients Globally

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About GFI

GFI Services

Pre-Trade

Trade

Post-Trade

E-Ticket / STPPosition ManagementClearing Links

GFI Hybrid Brokerage Platform Technology

GFI Software, Analytics and Market Data

Pre-Trade

Trade

Post-Trade

Clearing

• As wholesale broker, GFI specializes in wide variety of OTC global markets. Hybrid brokerage service combines expertise of voice broker with efficiencies of online trade execution.

– Cash Fixed Income & Fixed Income Derivatives– FX & Financial Derivatives– Cash Equity & Equity Derivatives– Energy & Commodity Derivatives

• Software, Analytics and Market Data– Trayport – GFI Fenics– Swaps Market Data

• Hybrid Brokerage Platform Technology

– Trayport GlobalVision– CreditMatch– GFI ForexMatch– EnergyMatch– RatesMatch

• Clearing and Settlement Services– Kyte Group

Clearing and Settlement Services

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Global Presence and Diversified Product Revenues

14%Fixed Income Derivatives

21%

13%14% Cash Fixed Income

28%

2010 GAAP Total Revenues by Product

Fixed income

Financial

Equity

Commodity

Clearing services revenues, Software, Analytics& Market Data, Other

20%

2010 GAAP Total Revenues by Geography

13%

44%

34%9%

Americas

EMEA

Asia Pacific

Clearing services revenues, Software, Analytics& Market Data, Other

18%

Bogota

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J uly 2010, acquired 70% ownership interest in The Kyte Group for $65 million in cash and stock

Leading provider of clearing, risk management and settlement services in its target markets

February 2008, acquired Trayport for $164 million in cash

Chief provider of real-time electronic trading software for brokers, exchanges and traders in commodities, fixed income, currencies and equities markets

October 2006, acquired Amerex for $86 million in cash

Electric Power, natural gas, and emissions products

Immediately accretive

Complements our non-IDB business and is outside our traditional IDB OTC business

We believe OTC markets will open up to market makers to add screen liquidity

Complements GFI ’s hybrid brokerage model by accelerating electronic trading capability

Ownership of the singular distribution network for inter-dealer brokerage in key European energy markets

Premier independent broker of OTC energy products remaining in North America

Access to Houston, TX energy community

Successful Strategic Acquisitions

Summary

Rationale

Outlook

Will position GFI well in an environment favoring standardized, exchange traded products

Positional leverage in development of new markets for cleared power and gas OTC products that compete with current exchange products

• Broadened our presence in OTC energy markets

• Complimented our Starsupply acquisition and GFI’s energy and commodity product lines

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Diverse, Top-Tier Client Base

                                                                                                                

                                                                                                                                                               

                                                     

                                                           

No one client accounts for more than 6% of revenues

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Regulatory Overview: Significant Opportunities Ahead

6 Key elements of US OTC derivatives market reform under Dodd Frank Act:

1. CLEARING

2. TRADE REPORTING

3. TRANSPARENCY

4. BLOCK TRADING EXEMPTIONS

6. INTERMEDIATION

Mandatory clearing of clearable swap instruments

Mandatory regulatory position & transaction reporting

Greater public pricing transparency

Registration of: Dealers, Significant Market Participants, Swap Execution Facilities (SEFs)

BY SEFs or Exchanges

To be determined

5. REGISTRATION

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will create opportunities to reach new customers in new markets for SEFs having an early mover advantage from:

Regulatory Overview: Significant Opportunities Ahead

Mandatory

swaps

intermediation

Mandatory

clearing &

We believe the combination of:

Proven Swaps Trading Technology Existing Swaps Liquidity

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Example OTC Energy Trades Cleared Through CME ClearPort

Customer “A” Customer “B”

CME ClearPort (OTC Trade Novated to a

Futures Contract)

ConfirmHub (owned equally by GFI, ICAP, TLPR and CME)

Customer “A” FCM

Customer “B” FCM

Customer sells OTC position Customer buys OTC position

Trade sent to NYMEX for Clearing

Clearport reports trade acceptance/rejection

Real-time STPReal-time STP

Real-time STP

Real-time STP

Trade ConfirmReal-time STP

Daily Confirm

Margin FundsMargin Funds

Daily Confirm

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GFI Matching

• Auction-based trading first launched in 2007 in fixed income derivatives

• Short timed sessions and reduced time-to-trade (3-10 minutes)

• Enhanced trading processes boost chance of trading and improve post-trade operational efficiency

• Cross market idea fertilization led to expansion from fixed income into other asset classes

• GFI has leading electronic trading platforms providing transactional and post-trade services

Matching

Bank

Bank

Bank

BankBank

Bank

Bank

Bank

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North American “e-Trading”

2010 figures represent a rolling daily average from 1/1/10 vs. from 1/14/09 for 2009

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Role of Hybrid Brokerage

CreditMatch

GFI ForexMatch

EnergyMatch

GFI FENICS

Trading Platform

Major Trends 2011 Goals

• Steady growth in screen liquidity

• Further use of multiple clearing options; CEM, ICE, Nodal Exchange, Nasdaq OMX

• Significant technology enhancements accommodates low latency algo traders

• Logins have been trending upwards

• Growth in NDF and IRS Emerging Markets going electronic

• Asian FX Options are trending upwards on average of prices and trades

• Request for Quote (RFQ) and Matching functionality

• Further take up of Straight-Through-Processing (STP)

• CDS volumes increasing in certain products (Europe and Asia-Pacific)

• Cash fixed income strong in Europe

• Clearing and increased transparency

• Increasing customer base

• Electronic trading getting traction in the U.S. and Asia-Pacific

• Attracting new customers – EV, VS, algo traders

• Expand to other energy desks

• Deploy innovative technologies to increase electronic liquidity

• Growing demand for pricing & risk management technology

• Continue to attract several large liquidity banks to provide streaming quotes

• Generating new transactional revenue through Fenics Trader and RFQ offering

• Continue to aggressively build FENICS customer base (e.g., Bank of East Asia)

• White-labeling opportunities globally

• Introduction of collaboration-based services with banks to comply with new SEF and OTF regulations and leverage the corresponding opportunities

• Continued growth in Electronic Trading of CDS in North America and Asia

• Further penetrate Tier-2 and Buy-Side in cash and derivates fixed income products

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Trayport ® • Continued OTC volume growth in the major

European energy asset classes,

• Robust trader client growth across all segments

• Fragmentation of European energy markets across competitive exchanges and brokers

• Continued roll out of products that help traders manage trading into fragmented markets

• Implementation of functionality that enables clearing choice

• Expand presence in Asia and Americas based on strength of position in coal and freight markets

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Strong Balance Sheet

• Strong cash position- Fuel for growth organically

and through acquisitions- Continue to develop hybrid platform- Expectation of continuing dividend payments

• Kyte in balance sheet- Higher receivables/payables to clearing organizations, goodwill and intangible

assets

• Debt facility- More “powder” for growth- Leverage ratios low- Debt/Book Equity: 0.4x- Debt/Cash: 0.6x

(In Millions, USD) 12/31/2010

ASSETS:Cash and cash equivalents $313.9Cash segregated under federal and other regulations 24.9Deposits with clearing organizations 26.8Commissions receivable 98.8Receivables from brokers, dealers and clearing organizations

229.6

Property, equipment and leasehold improvements 60.6Goodwill 268.3Intangible assets 66.8Other assets 162.9Total assets 1,252.6

LIABILITIES AND STOCKHOLDERS’ EQUITY:Accrued compensation 112.5Accounts payable and accrued expenses 60.5Payables to brokers, dealers and clearing organizations 172.5Payables to clearing services customers 111.8Short-term borrowings 132.7Long-term obligations 59.7Other liabilities 111.1Total liabilities 760.8

Total equity 491.8

Total liabilities and stockholders’ equity $1,252.6

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GFI Commercial Segment – Adjusted EBITDA

Commercial Division (incl. Trayport) Operating Consolidated "Adjusted" EBITDA YTD December 2010

(in 000’s, USD)

2009 2010

Commercial Segment Total Revenues(1) $ 47,827 $ 56,685

Adjusted EBITDA(2) $ 18,600 $ 21,576

Adjusted EBITDA - Margin 38.9% 38.1%

(1) Excludes intercompany revenues of $4.0M and $3.3 in 2009 and YTD September 2010, respectively.

(2) Adjusted EBITDA includes EBITDA plus non-cash amortization expense related to RSUs, non-cash amortization expense related to cash sign-on bonuses previously paid, and the net income or loss attributable to non-controlling interests, if any.

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Questions & Answers

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