HOUSTON, Jan. 28, 2014 /PRNewswire/ -- Amerex Brokers LLC announced today that it has launched a Crude Oil Options Desk as part of its ongoing expansion efforts. The New York based desk will be led by Chris Motroni and will also include Chris Barvels and Rich Saitta. The three bring over 30 years experience in the energy industry to Amerex. The addition of the crude oil options desk will further strengthen Amerex's strong presence in energy with existing desks in power, natural gas and environmental commodities.
"Amerex has a long history of excellence in the energy space and I am very excited to help build a team to further expand the company's presence," said Chris Motroni.
Mark Gaynor, Managing Director of Amerex Brokers LLC said, "We are excited to expand our brokerage offerings and are confident the combined experience and market knowledge of Chris Motroni, Chris Barvels and Rich Saitta will ensure our success in the crude oil options space."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. (NYSE: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 Vice President, Marketing & Data Services Amerex Brokers LLC 281-340-5206 email@example.com Forward-looking statementCertain 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 GFI Group Inc. (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; uncertainties relating to litigation and the Company's ability to assess and integrate acquisition prospects. 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
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts