ABOUT US

OUR LEADERSHIP

Amit Sinha

Head of Technology

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Mr. Sinha is the Head of Technology at OTCGH. He has more than 18 years of technical experience and leads the development efforts and quality assurance of the EOXLive Platform.

He has extensive experience in developing and supporting enterprise application software for trading and risk management for commodities, finance and compliance domains. Prior to his current role, Mr. Amit worked as a senior associate at EOX Holdings LLC.

Before joining OTCGH and EOX Holdings LLC, Mr. Amit worked as a software developer at Saracen Energy and as a senior member of the technical staff at Oracle Corporation. He has a Bachelor of Technology degree in Civil Engineering from the Indian Institute of Technology (IIT) in Delhi.

 

Press and Media

OTC GLOBAL HOLDINGS EXPANDS MARKET DATA CAPABILITIES INTO EUROPE, ASIA WITH ADDITION OF DANIEL PORTON IN LONDON

LONDON (1 July 2019) – OTC Global Holdings (OTCGH), leading independent interdealer broker in over-the-counter commodities, today announced the addition of Daniel Porton as Market Data Business Development Manager and Head of Sales for Europe and Asia. Porton has over 12 years of experience in multi-asset sales and relationship management working in financial markets and will be based out of London.

“Thanks to its forward-thinking nature and rapid expansion OTC Global Holding has garnered quite the reputation in recent years, and I am delighted to join a company where I will have the opportunity to play a part in its next chapter of growth,” said Porton. “While OTCGH has been providing data in the US for several years, because many of the firm’s nearly 20 independent brokerages also now operate worldwide, we can now provide this unparalleled market data offering to our clients in Europe and Asia.”

In his new role Porton will lead the expansion of OTCGH Market Data, which is well-established in the U.S. market, into Europe and Asia. OTCGH Market Data products draw from the deep liquidity of the firm’s breadth of brokerages, including OTC Europe’s brokering groups Oil Brokerage, Aalpha Energy, Ion Energy UK, Choice! UK and P&P Oil. The products leverage the company’s well-known EOXLive broking/trading platform, which combines the convenience of electronic trading with voice broking’s unique ability to provide market color, and create bespoke transactions in markets such as refined products and naphtha.

EOXLive is continuously expanding its suite of data resources from OTCGH, which includes Freight Forward Curves, end-of-day forward curve reports for natural gas basis and power forward contracts each with 120 months of monthly granularity from across hundreds of locations, Natural Gas Implied Volatilities product covering basis options markets data, Power Implied Volatilities covering North American electricity options, Natural Gas Liquids Forward Curves, Power/Natural Gas Forward Correlations, Crude Oil Forward Curves, Coal Forward Curves and refined products forward curves.

The addition of Porton to the OTCGH Market Data team comes on the heels of the company being named 2019 “Broker of the Year” by Energy Risk, an internationally recognized publication in the global trade and risk management industry. This is the fourth time in nine years OTCGH has received the recognition, which is a reflection of the company’s growth and success since its establishment in 2007.

Prior to joining OTCGH, Porton was the Institutional Sales Manager for a prominent fintech company. He also held several senior roles during his 10 years at a global leader in derivatives trading based in the UK. There he provided trading in financial derivatives such as contracts for difference, financial spread betting and stockbroking and worked on the execution sales trading desk where the team on-boarded and serviced some of the company’s largest high-net-worth and institutional clients.

For more information about OTCGH please visit www.otcgh.com and to learn more about EOXLive, visit the www.otcgh.com/eox or contact EOXLive via email at operations@eoxlive.com or phone: 877-737- 8511.

About OTC Global Holdings

Formed in 2007, OTC Global Holdings has become the world’s largest independent institutional broker of commodities, covering financial and physical instruments from offices in Chicago, Des Moines, Geneva, Houston, London, Louisville, New Jersey, New York and Singapore. The company is a leading liquidity provider on CBOT, ICE, NYMEX and NFX, ranking number one amongst its peers in numerous derivatives contracts across biofuels, emissions, commodity index products, crude oil, natural gas, natural gas liquids (NGLs), metals, petrochemicals and refined products, power, proppants, soft commodities, and weather derivatives. The company serves more than 450 institutional clients, including over 70 members of the Global Fortune 500, and transacts in hundreds of different commodity delivery points in Asia, Europe and the Americas. To learn more about the company, please visit www.otcgh.com or go to https://player.vimeo.com/video/146686709.

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Contact:
Amy Lach
Pierpont Communications
(713) 627-2223
alach@piercom.com

OTC GLOBAL HOLDINGS’ CHOICE! POWER ADDS ENERGY VETERAN THOMAS BLAKESLEE

NEW YORK (May 21, 2019) – Choice! Power, a subsidiary of leading independent interdealer broker in over-the-counter commodities OTC Global Holdings (OTCGH), today announced the addition of Thomas Blakeslee. The 25-year energy veteran joins OTCGH’s power and gas futures/options brokering and will work in New York.

“While this industry is changing at an increasingly rapid pace today, OTC Global Holdings’ commitment to investing in the best people and equipping them with the necessary technology and resources is unwavering. Adding new talent like Thomas to our already tremendous teams ensures we continue to innovate on our customers’ behalf and further fuels our already rapid growth,” said Javier Loya, Chairman and Co-CEO of OTCGH.

Blakeslee brings two plus decades of experience in trading oil, power and gas to Choice. He most recently was Sales Manager at Nasdaq, where he oversaw the sales effort for power and gas trading, driving new competition to the energy futures industry. Previously, he worked for a prominent utility and bank overseeing the Midwest trading desk in both physical and financial power as well as the entire Eastern Grid for two different funds. Blakeslee is a graduate from Columbia University with a BA degree. 

For more information about Choice! Power and OTC Global Holdings please visit www.otcgh.com.

About Choice! Power

Founded in 2011, Choice Power is a leading broker of electricity futures and options in the US.

About OTC Global Holdings

Formed in 2007, OTC Global Holdings has become the world’s largest independent institutional broker of commodities, covering financial and physical instruments from offices in Chicago, Des Moines, Geneva, Houston, London, Louisville, New Jersey, New York and Singapore. The company is a leading liquidity provider on CBOT, ICE, NYMEX and NFX, ranking number one amongst its peers in numerous derivatives contracts across biofuels, emissions, commodity index products, crude oil, natural gas, natural gas liquids (NGLs), metals, petrochemicals and refined products, power, proppants, soft commodities, and weather derivatives. The company serves more than 450 institutional clients, including over 70 members of the Global Fortune 500, and transacts in hundreds of different commodity delivery points in Asia, Europe and the Americas. To learn more about the company, please visit www.otcgh.com or go to https://player.vimeo.com/video/146686709.    

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Contact:
Amy Lach
Pierpont Communications
(713) 627-2223
alach@piercom.com

Broker of the year: OTC Global Holdings

https://www.risk.net/commodities/6605341/broker-of-the-year-otc-global-holdings

OTC Global Holdings (OTCGH) had a stand-out year in 2018, growing its oil business by 40%, hitting the one-millionth trade on its EOXLive electronic platform and adding forward curves for freight and coal to its data product set. Already the largest independent commodity broker by volumes, its recent expansions diversify the business as well as providing a service to clients, says London-based chief executive Joe Kelly.

“The beauty of what we have done is continue to expand our offerings and services so that the company is highly diversified, which will protect us from slowdowns in certain markets, and create a one-stop-shop for clients,” says Kelly.

One of the biggest successes of last year was the brokerage’s growth of its oil business. This came as the firm continued to integrate UK-based Oil Brokerage into its portfolio after purchasing it in 2017. The acquisition also increased OTCGH’s geographic reach, particularly into Asia where the firm has a light-end refined products business.

“There are different areas where we continue to expand and one of the largest is oil,” says Kelly. “This year a big part of our work was simply integrating [Oil Brokerage] into OTCGH, alongside the rest of our brands. The end result was a phenomenal success. We have been able to grow volumes in that part of the business by 40% in one year, and I’ll take that every day.”

OTCGH, which is co-headquartered in New York and Houston, started life in 2007 in the USnatural gas options market. It has grown over the years into a collection of nearly 20 independent brokerages in nine different locations: Chicago, Des Moines, Geneva, Houston, London, Louisville, New Jersey, New York and Singapore.

In addition to the evolution of its product offering and locations, OTCGH continued to strengthen its position in its original home, the natural gas market, brokering 37.25% of the US block market for natural gas options in June 2018, according to the firm. This included taking a market-leading 42% share of the Nasdaq Future Exchange’s total monthly natural gas options block volume in June.

This year a big part of our work was simply integrating [Oil Brokerage] into OTCGH, alongside the rest of our brands. The end result was a phenomenal success. We have been able to grow volumes in that part of the business by 40% in one year, and I’ll take that every day

Joe Kelly, OTC Global Holdings

The month was notable as it was the first time Nasdaq had the highest monthly block volumes for natural gas options of any US energy exchange, with a market share of 42% – ahead of CME Group with 36% and Intercontinental Exchange (Ice) with 23%.

Meanwhile, in March last year, 94% of Ice’s natural gas option block volumes were executed on EOXLive and 51% of CME’s. And while total volumes traded were lower that month than during their November and December peak, Kelly believes, this demonstrates the firm’s constant presence in the natural gas hedging markets.

“We are always performing at the top of the natural gas market, with a 30%-plus share of any given month of volumes traded in natural gas options. Obviously, market share is hard to get a grip on when activity is tight. But it’s important nonetheless, and when the market is trading in big volumes this really counts. We are consistently at the top of that too.”

OTCGH did not just make strides in the major oil and gas markets in 2018. It also sought to diversify further by launching coal and freight forward curves. These add to a product suite that also includes end-of-day forward curve reports for crude oil and refined products, natural gas basis and power forwards, natural gas implied volatilities, basis options and markets data.

According to Kelly, it is vital to continuously expand the company’ coal and freight product set in response to client demand, even if these markets are relatively niche compared with the oil and natural gas markets.

“A lot of clients are looking at both freight and coal and, as a commodities broker, you want to cover everything. Some of our products are more bespoke and illiquid and trade only a fraction of, for example, a Brent marker. But you are still going to have certain pockets of your clients that look at those sectors, so it’s good to be able to provide them with hedging tools like this.”

The commodities broking sector has seen a wave of consolidation in recent years, but Kelly is adamant that OTCGH has a much greater value proposition to clients by staying independent and has no plans to change the company’s status.

“I like being nimble, being able to make decisions quickly and being able to be aggressive when I want be,” says Kelly. “That’s the same philosophy we offer to all our different companies. They are very entrepreneurial [and don’t want] a large bureaucracy with layers of management to deal with.”

OTC GLOBAL HOLDINGS NAMED “BROKER OF THE YEAR”

BY ENERGY RISK MAGAZINE FOR FOURTH TIME IN NINE YEARS

HOUSTON –(May 15, 2019) – OTC Global Holdings (OTCGH), the world’s largest independent commodity interdealer broker, has been named 2019 “Broker of the Year” by Energy Risk, an internationally recognized publication in the global trade and risk management industry. The honor was announced at the Energy Risk awards gala in Houston on May 14 and this is the fourth time in nine years the firm has received the recognition.

“We are honored to receive this prestigious award once again, as it underscores the tremendous success OTCGH has enjoyed on behalf of our clients during the last year,” said Javier Loya, Chairman and Co-CEO of OTCGH. “While we are the largest independent commodities IDB in the world, we also operate in a rapidly transforming industry and know that recognitions like this would not be possible without the trust of our many clients or the hard work of our brokers across the globe.”

OTCGH earned this year’s recognition as a result of another year of outstanding performance and accomplishments, which included the one million transactions on its proprietary EOXLive platform; the launch of new data products such as a Coal Forward Curves and Freight Forward Curves; and the integration of real-time analytics into the EOXLive platform to facilitate transactions, provide more market intelligence tools, and make trading more efficient for users.

The award is a significant achievement for OTCGH and is reflective of the company’s continuing growth and success since its establishment in 2007.

“We have continued to grow our market share and stake in the industry year over year, and last year we were able to cement our global business model following the late 2017 acquisition of Oil Brokerage Limited,” added President and Co-CEO Joe Kelly. “While this honor is reflective of our many significant achievements over the past year, I also believe it’s indicative of the great things still ahead of us as a company.”

About OTC Global Holdings

Formed in 2007, OTC Global Holdings has become the world’s largest independent institutional broker of commodities, covering financial and physical instruments from offices in Chicago, Des Moines, Geneva, Houston, London, Louisville, New Jersey, New York and Singapore. The company is a leading liquidity provider on CBOT, ICE, NYMEX and NFX, ranking number one amongst its peers in numerous derivatives contracts across biofuels, emissions, commodity index products, crude oil, natural gas, natural gas liquids (NGLs), metals, petrochemicals and refined products, power, proppants, soft commodities, and weather derivatives. The company serves more than 450 institutional clients, including over 70 members of the Global Fortune 500, and transacts in hundreds of different commodity delivery points in Asia, Europe and the Americas. To learn more about the company, please visit www.otcgh.com or go to https://player.vimeo.com/video/146686709.

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Contact:
Amy Lach
Pierpont Communications
(713) 627-2223
alach@piercom.com