LONDON, CHICAGO and NEW
YORK, Jan. 30, 2015 /PRNewswire/ -- CME Group Inc.
and GFI Group Inc. today announced that they have each determined
to terminate their previously announced merger agreement following
today's special meeting of GFI shareholders.
Preliminary results from the GFI shareholder meeting held
earlier today in New York indicate
that GFI shareholders did not approve the proposed merger. As
a result, the parties each determined that terminating the merger
agreement and related transactions was in the best interest of
their respective companies and shareholders at this time.
The related merger agreement by and among CME and Jersey
Partners Inc. and their affiliates and purchase agreement by and
among GFI Brokers Holdco Ltd., CME, Jersey Partners Inc. and their
affiliates, were also terminated.
About CME Group
As the world's leading and most
diverse derivatives marketplace, CME Group (www.cmegroup.com) is
where the world comes to manage risk. CME Group exchanges offer the
widest range of global benchmark products across all major asset
classes, including futures and options based on interest rates,
equity indexes, foreign exchange, energy, agricultural commodities,
metals, weather and real estate. CME Group brings buyers and
sellers together through its CME Globex® electronic trading
platform, its trading facilities in New
York and Chicago, and
through its London-based CME
Europe derivatives exchange. CME Group also operates one of
the world's leading central counterparty clearing providers through
CME Clearing and CME Clearing Europe, which offer clearing and
settlement services across asset classes for exchange-traded
contracts and over-the-counter derivatives transactions.
These products and services ensure that businesses everywhere can
substantially mitigate counterparty credit risk.
CME Group is a trademark of CME Group Inc. The Globe Logo, CME,
Globex and Chicago Mercantile Exchange are trademarks of Chicago
Mercantile Exchange Inc. CBOT and the Chicago Board of Trade are trademarks of the
Board of Trade of the City of
Chicago, Inc. NYMEX, New York Mercantile Exchange and
ClearPort are registered trademarks of New York Mercantile
Exchange, Inc. COMEX is a trademark of Commodity Exchange,
Inc. All other trademarks are the property of their
respective owners. Further information about CME Group (NASDAQ:
CME) and its products can be found at www.cmegroup.com.
About GFI Group Inc.
GFI Group Inc. (NYSE: GFIG) is a
leading intermediary in the global OTC and Listed markets offering
an array of sophisticated trading technologies and products to a
broad range of financial market participants. More than 2,500
institutional clients benefit from GFI's know-how and experience in
operating electronic and hybrid markets for cash and derivative
products across multiple asset classes, including fixed income,
interest rates, foreign exchange, equities, energy and
commodities. GFI's brands include Trayport®, a leading
provider of trading solutions for energy markets worldwide and
FENICS®, a market leader in FX options software.
Founded in 1987 and headquartered in New York, GFI employs over 2,000 people
globally, with additional offices in London, Paris, Brussels, Nyon, Dublin, Madrid, Sugar Land (TX), Hong Kong, Tel
Aviv, Dubai, Seoul, Tokyo,
Singapore, Sydney, Cape
Town, Santiago,
Bogota, Buenos Aires, Lima and Mexico
City.
CME-G
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SOURCE GFI Group Inc.