NEW YORK, June 4, 2014 /PRNewswire/ -- GFI Group Inc. (NYSE: GFIG) is pleased to congratulate J. Christopher Giancarlo, outgoing Executive Vice President of the firm, on his confirmation by the United States Senate to serve as a Commissioner of the Commodity Futures Trading Commission ("CFTC"). "We are honored that the Senate has confirmed President Obama's nomination of Chris Giancarlo to serve on the CFTC," said Colin Heffron, CEO of GFI Group. "Chris is deeply knowledgeable about the global swaps and futures markets. His business leadership and legal expertise will be of tremendous help to the Commission as it completes the implementation of financial regulatory reform." Michael Gooch, Executive Chairman, added, "GFI Group has benefitted from Chris Giancarlo's energy, acumen and common sense for more than a decade. He is worthy of this recognition and the chance to put his knowledge and experience to work in service to the American public." Gooch added, "We also congratulate Sharon Bowen and Timothy Massad on their confirmation and wish them success in their service as Commissioners of the CFTC." Since joining GFI in 2001, Chris Giancarlo has been responsible for the company's strategic relationships and transactions, including M&A, equity finance, investment banking, strategy development, analyst communications and investor and government relations. Mr. Giancarlo is a former board member and Chairman of the Wholesale Markets Brokers' Association, Americas. He has written and spoken extensively on public policy, legal and other matters concerning regulation, technology and the financial markets, including testimony on implementation of the Dodd Frank Act before the US Congress and regulatory agencies. Mr. Giancarlo holds a J.D. degree from Vanderbilt University Law School (1984) and a B.A, Phi Beta Kappa from Skidmore College (1981). Mr. Giancarlo is a member of the New York Bar. 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.
The most recent short interest data has been released by the NASDAQ for the 11/28/2014 settlement date, which shows a 317,187 share increase in total short interest for GFI Group Incorporated , to 1,840,144, an increase of 20.83% since 11/14/2014. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.