GFI Group Inc. reports the launch of the GFI Environmental Products Group (EPG). Based in New York, the new group will focus on the growing opportunity in the carbon and emissions investment business. EPG will establish a full lifecycle practice that focuses on the origination, commercialization and secondary market trading of carbon emissions credits.

GFI Senior Brokers Matt Phelan and Darryl Donohue are joined by Jubin Pejman, former Vice President of the Americas for Trayport Inc. Together they bring a wealth of 60 years of combined financial market experience to the new group.

Michael Cosgrove, GFI Group Managing Director and Head of Commodities and Energy Brokerage North America, stated: "GFI Group is a global leader in carbon trading so it seems natural to extend our service offering beyond merely brokering environmental credits. We are both broadening our environmental services to our existing client base as well as reaching out to a large and diverse new group of customers."

Tags: GFI Group Inc