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What's up with GFI Group? | PowerOptions Web Log
Stock and stock option volume for GFI Group (GFIG) was significantly up last Friday and the stock price was up over 5%. No significant news related to GFI Group was published on Friday either. GFI Group operates as an inter-dealer broker for over-the-counter derivative products. The company provides software related to trading and provides brokerage services for financial related derivatives, credit, bond, foreign exchange, exotic and interest-rate swaps. GFI Group was named the number one credit derivative broker in Risk Magazine this year. GFI Group received this honor for its capability, innovation, service, liquidity and price. So why all of the interest in GFI Group? It’s no secret that there’s financial regulatory reform coming in the near future, maybe GFI Group stands to benefit, but we’re several months away from financial regulatory reform. Or maybe a company is about to merge or purchase GFI Group? Sign up now for PowerOptions...