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Trayport(R) and Percival Systems Share Expertise on Clearing and Settlement

NEW YORK, Oct. 27 /PRNewswire/ -- Trayport Exchange Systems and Percival Software Limited today announced the integration of Percival's Depend with Trayport's Exchange Trading System. Depend is a clearing, settlement, depository, and registry system for equities and bonds.

Trayport's Exchange Trading System is designed to interact smoothly with central clearing systems. The partnering of technologies with Percival's systems allows Trayport's Exchange Trading System to connect seamlessly and in real time to a fully functional clearing and settlement service.

In addition to clearing and settlement, Depend will also provide Trayport's Exchange Trading System with integrated central securities depository and registration functionality. A variety of configurable modular elements will allow each implementation to be adapted to the exchange's requirements.

"Trayport and Percival have already completed a Beta version and client deliveries will commence from November 2009," said Adrienne Muir, Head of Trayport Exchange Systems. "This collaboration allows both close and loose coupled integration between Trayport's Exchange Trading System and Depend. Trayport is now able to offer integrated clearing and settlement through an acknowledged provider as a standard part of our product set for equities and bonds."

According to Dr. Chris Richardson from Percival, Trayport's Exchange Trading System has proven very straightforward to integrate making it a suitable partner system for Depend from an architectural and environmental perspective.

"We hope to extend the functional scope of our integrated products even more in the future and win more projects in exchanges and related areas," said Dr. Richardson.

Trayport is a subsidiary of GFI Group Inc. ('GFIG' on Nasdaq). More information is available at www.trayport.com

    Notes to Editors:
    For more information please contact:

    Trayport:

    Dick Pirozzolo
    +1-781-235-9911
    dick@pirozzolo.com

    Marcel Kay
    +44 (0)207 960 5500
    marcel.kay@trayport.com

About Trayport Limited

Trayport is the leading provider of software to the European commodity trading community. Trayport develops, deploys and supports quality, resilient software for trading in any asset class worldwide in cleared or OTC markets. Trayport's GlobalVision(SM) software is used by the world's largest trading companies in high profile markets that include derivative and cash instruments. Founded in 1993, Trayport has offices in London, New York and Hong Kong. Trayport is a subsidiary of GFI Group Inc. ('GFIG' on Nasdaq). More information is available at www.trayport.com

Forward-looking statement

Certain 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 the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: acquisitions by us of businesses or technologies; 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; and uncertainties relating to litigation. 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 Trayport Limited

Copyright (2009) PR Newswire. All Rights Reserved.
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