GFI to Connect to UBS FX Option Trader

The GFI Group Inc.

January, 2005

The GFI Group Inc. has announced a new initiative to offer UBS clients an enhanced FX option trading solution designed to reduce errors associated with manual trade entry. A new connection is now available between UBS electronic currency derivative trading screen, FX Option Trader and GFIs pricing and analytical system for both vanilla and exotic FX options, FENICS FX.<br>
The new initiative will automatically feed all FX option trades conducted through FX Option Trader into FENICS FX where the clients can then perform position revaluations.