GFI to go public
GFI Group has announced its intentions to become a public company, filing for an initial public offering (IPO) with the US Securities and Exchanges Commission (SEC).
GFI, which provides brokerage services and data and analytics products to institutional clients in markets for a range of credit, financial, equity and commodity instruments, was founded in 1987 and now has 86 brokerage desks and more than 430 brokers working in New York, London, Hong Kong, Singapore and Sydney.
Revenues for year ended December 31, 2003 were $265.8
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