|Company name||GFI Group Inc.|
|Live stock price||[stckqut]GFIG[/stckqut]|
|Confident Investor Rating||Poor|
The following company description is from Google Finance: http://www.google.com/finance?q=gfig
GFI Group Inc. (GFI) is a provider of wholesale brokerage services, clearing services and electronic execution and trading support products for global financial markets. The Company provides brokerage and trade execution services, clearing services, market data and trading platform and other software products to institutional customers in markets for a range of fixed income, financial, equity and commodity instruments. The Company provides execution services for its institutional wholesale customers by either matching their trading needs with counterparties having reciprocal interests or directing their orders to an exchange or other trading venue. It offers its customers a hybrid brokerage approach, combining a range of telephonic and electronic trade execution services. The Company operates in four segments: Americas Brokerage; Europe, the Middle East and Africa (EMEA) Brokerage; Asia Brokerage, and Clearing and Backed Trading.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in GFI Group Inc. It is not possible to confidently invest in a company that is not currently profitable.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.