CETX Energy Agency Joins Amerex Energy Services

HOUSTON, Nov. 2 /PRNewswire-FirstCall/ -- Amerex Energy Services, the commercial and industrial energy consulting division of Amerex Brokers LLC, announces that it has combined the personnel and operations of CETX Energy Agency with those of its own, under the terms of an Asset Purchase Agreement that closed effective November 1, 2009.

CETX will continue to operate and provide client service and support as before to its customers in Texas, under the leadership of Phyllis Anzalone, with the additional benefit of having access to Amerex's wholesale market and retail expertise. As a result of combining the strengths of CETX and Amerex Energy Services, clients of both groups will receive superior service and support.

"It was a pleasure to deal with CETX in this transaction. We have been familiar with CETX for several years and are happy to have a group with such a great reputation join Amerex. We are very pleased that the two of us could arrange a mutually beneficial transaction that results in the affiliation of CETX with Amerex, another Texas-based company," said Amerex President Clay Davis."

About Amerex Brokers LLC

Founded in 1978, Amerex is a leading over-the-counter energy brokerage offering services in electricity, natural gas, emission credits and allowances, renewable energy credits, retail energy procurement, energy consulting and energy data services. From its office in Houston, Amerex offers liquidity and timely execution to meet the needs of a global client network of more than 1,000 firms including thousands of traders and risk management professionals. For additional information, please visit www.amerexenergy.com. Amerex Brokers LLC is a wholly-owned subsidiary of GFI Group Inc. (Nasdaq: GFIG), a leading inter-dealer broker specializing in over-the-counter derivatives products and related securities. GFI provides brokerage services, trading system software and market data and analytics software products for a range of credit, financial, equity and commodity instruments. GFI operates one of the largest OTC energy brokerage businesses in North America both directly and through its Amerex and StarSupply businesses.

    For more information, contact:
    Melissa Mundy
    Marketing Director
    Amerex Brokers LLC
    281-340-5206
    mmundy@amerexenergy.com

Forward-looking statement

Certain matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, 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 Amerex and GFI Group Inc. (collectively, the "Company") 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.

SOURCE Amerex Brokers LLC