History & Timeline

OTC Global Holdings History and Timeline

From our humble beginnings in March 2007, when co-founder of OTC Global Holdings Javier Loya moved from being CEO of Houston-based energy firm Choice Brokerage and then acquired Choice Natural Gas, LP and Choice Power, LP to today, OTC Global has been about growth. Nearly every month for the past decade, there have been additions to the OTC Global team of companies and the global commodities powerhouse continues to thrive and grow. For years, we have been leading the industry in offering actionable and timely market data and brokerage support, and continue to grow our partnerships with data aggregators and independent brokerage firms to this day.

Our advanced trading analytics are now used by large corporations and individual investors in the energy commodity space around the world, and our client list includes some impressive names.

We are continuing to push and grow, rewriting what it means to be an independent institutional broker of commodities, with offices around the world from Chicago, New York, and New Jersey, to London, Geneva, and Singapore. We are now a leading liquidity provider on ICE, CME, and NFX, and serve more than 450 institutional clients.

May 2016
-OTC GLOBAL HOLDINGS recognized as 2016 “Broker of the Year” by EnergyRisk
-OTC GLOBAL HOLDINGS’ Aalpha Energy forms crude oil options desk in London

April 2016
-OTC GLOBAL HOLDINGS voted top broker in four Energy Risk Rankings categories
-OTC GLOBAL HOLDINGS’ P&P Oil forms middle distillate desk in London
-OTC GLOBAL HOLDINGS’ ION Energy Group brokers first screen trade on EOXLive

September 2015
-OTC GLOBAL HOLDINGS’ EOXLive Markets now allows users to trade on the EOXLive screen without picking up a phone
-OTC GLOBAL HOLDINGS’ Releases live NYMEX Henry Hub volatility surface on the Bloomberg Professional service

March 2015
-OTC GLOBAL HOLDINGS’ EOXLive Markets to be available on Trading Technologies’ new TT Platform

February 2015
-OTC GLOBAL HOLDINGS launches EOXLive Markets

November 2014
-OTC GLOBAL HOLDINGS’ Aalpha Energy expands into U.S.

August 2014
-OTC GLOBAL HOLDINGS Releases Crude Oil Forward Curves

April 2014
-OTC GLOBAL HOLDINGS Launches Refined Products Forward Curves

February 2014
-OTC EUROPE, LLP Forms AALPHA ENERGY

October 2013
-OTC GLOBAL HOLDINGS Launches Natural Gas Liquids Forward Curves

February 2013
– OTC GLOBAL HOLDINGS Launches Natural Gas and Power Forward Curves
– OTC GLOBAL HOLDINGS Launches Power Implied Volatilities and Natural Gas Implied Volatilities products

November 2012
 FUTURES INTERNATIONAL Bolsters Staff with Addition of Senior Commodity Analyst Terry Reilly

September 2012
– EOXLive Announces Partnership With TheStreet

July 2012
– OTC Europe launches freight derivatives desk
– Interactive Data launches FutureSource Workstation Version 3.4 which includes EOX Holdings content

March 2012
– GlobalView adds EOX Holdings’ over-the-counter forward curves

February 2012
– EOX Holdings and Updata combine over-the-counter forward curves and advanced trading analytics

November 2011
– OTCGH joins CME ConfirmHub for Energy straight-through-processing

October 2011
– OTCGH collaborates with CME Group to deliver the industry’s first on-demand over-the-counter market data

September 2011
– OTCGH hires Suresh Dongre as Chief Information Officer

July 2011
– OTCGH’s video honored at 32nd Annual Telly Awards with a bronze award in the recruitment category

June 2011
– EOX Holdings Launches End-of-Day Forward Curve Products

May 2011
– OTCGH forms Equus Energy Group LLC in Louisville

May 2011
– OTC Global Holdings Named 2011 “Broker of the Year” by Energy Risk

March 2011
– CHOICE Power, a division of OTCGH, forms Northeast Power Brokerage Desk in Houston and New York

December 2010
– OTC Europe, LLP in London expands into coal and coal derivatives broking

November 2010
– OTCGH Joins ICE eConfirm Broker Matching Service

August 2010
– OTCGH forms OTC Europe, LLP in London with two new divisions (Ion Energy and P&P Oil)

July 2010
– EOX Holdings Unveils OTC Energy Market Data Offering

June 2010
– Javier Loya named Ernst & Young Entrepreneur of the Year® 2010 Award Winner in Houston and Gulf Coast Area

January 2010
– Choice Environmental LLC Brokers First CME-Cleared Snowfall Trade

June 2009
– OTCGH acquires stake in Futures International LLC in Chicago
– OTCGH brokers first non-energy commodity

May 2009
– OTCGH forms Edge Energy LLC in Sugar Land
– EOXLive adds OTC energy industry’s first wholesale electronic fixed price swap and
swap spread markets in natural gas

March 2009
– OTCGH forms Riviera Commodities LLC in New York

February 2009
– OTC Global Holdings named a “2008 Deal of the Year” by Energy Risk Magazine

November 2008
– OTCGH forms ION Energy Group in New York
– OTCGH forms Pinnacle Derivatives Group LLC in Jersey City

October 2008
– OTCGH forms Paradigm Brokers LLC in Louisville

September 2008
– OTCGH named to the Houston Business Journal’s Fast 100 list

August 2008
– OTCGH forms Choice Environmental LLC in Houston

July 2008
– OTCGH forms Valence Energy LLC in New York

October 2007
– OTCGH forms EOX Holdings LLC in New York and introduces EOXLive interactive, web-based trading platform
– OTCGH brokers first crude and crude commodity products

August 2007
– OTCGH acquires Power Merchants Group LLC in New York

July 2007
– OTCGH acquires Elite Brokers LLC in Houston

June 2007
– OTCGH acquires Black Barrel Energy LP in Houston

May 2007
– OTCGH forms PVO Energy LP in New York

March 2007
– OTC Global Holdings LP (OTCGH) formed in Houston by Javier Loya, then CEO of Houston-based
energy brokerage firm Choice Energy
– OTCGH acquires Choice Natural Gas, LP in Houston
– OTCGH acquires Choice Power LP in Houston

Press and Media

OTC GLOBAL HOLDINGS’ EOXLIVE TO EXHIBIT AT FIA EXPO IN CHICAGO

OTC GLOBAL HOLDINGS’ EOXLIVE TO EXHIBIT AT FIA EXPO IN CHICAGO

Leading independent interdealer broker in over-the-counter commodities’ market data platform has grown its business by nearly 30 percent in 2018, will showcase expanded offerings

Chicago (October 15, 2018) – EOXLive, a wholly-owned subsidiary of leading independent interdealer broker in over-the-counter commodities OTC Global Holdings (OTCGH), will be exhibiting at FIA Expo in Chicago on October 16-18. During the conference EOXLive will showcase its EOXLive Market Data offering, which has grown its business by 29 percent in the last nine months, to attendees along with the firm’s proprietary voice and electronic trading platform EOX Active Markets. In addition, representatives will be sharing some of the platform’s latest market data developments such as newly added Coal and Freight Forwards offerings as well as expanded individual offerings in its various asset classes.

“We are looking forward to informing attendees about the latest updates and offerings available on EOXLive during FIA Expo,” Campbell Faulkner, Chief Data Analyst at OTCGH. “It’s been a tremendous year of growth for this platform, and the conference is a perfect venue to share EOXLive’s latest developments, unique features and technical capabilities, while also networking and building new relationships.”

OTCGH Market Data products draw from the deep liquidity of OTCGH’s breadth of brokerages and 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.

EOXLive recently added Freight Forward Curves and Coal to its continuously expanding suite of data resources from OTCGH, which includes 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.

For more information or to receive free access to EOXLive, visit the EOXLive booth at FIA Expo (#214),  http://www.otcgh.com/eox or contact EOXLive via email: 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.

About EOX Holdings LLC

EOX Holdings LLC (EOX) is registered as an Introducing Broker with the National Futures Association (NFA). EOX delivers unique and comprehensive market data, introducing broker (IB) services and the EOXLive platform. EOXLive provides order and trade management, confirms, reporting and clearing for thousands of trader, hedger and market maker accounts. EOXLive Active Markets delivers comprehensive on-screen price discovery while keeping the important human element in the trader and broker relationship. Leveraging the liquidity of nearly 20 brokerage shops across the commodity spectrum, EOXLive customers have transparency and execution capabilities so they can trade like never before. EOX Holdings LLC is a wholly owned subsidiary of OTC Global Holdings.

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U.S. oil sanctions on Iran threaten global supplies, but a demand slowdown poses a real risk

There are still several weeks before U.S. sanctions on Iranian oil actually kick in, but expectations of tight crude inventories already have contributed to much of this year’s gain in global prices. The rise has come despite concerns over potentially lower energy demand and plans by two of the world’s biggest producers to boost output.

“The markets are always forward-looking,” said Tamar Essner, energy director at Nasdaq IR Intelligence. “Exports from Iran are already down about 35%, when you look at crude and condensate [a very light oil] together,” since President Donald Trump announced the U.S. withdrawal from the Joint Comprehensive Plan of Action in May. The deal between Iran and six world powers and the European Union was made to ensure that Tehran’s nuclear program had a peaceful purpose, rather than to make nuclear weapons.

“The market has really been surprised by the degree of enforcement from the U.S.,” Essner said. In the past, she adds, Washington had “targeted reductions in exports” with sanctions, but the current administration has “focused on elimination” of exports from Iran, the Organization of the Petroleum Exporting Countries’ third-largest producer.

Nations such as South Korea have reached full compliance with the sanctions, and “critically, we’ve also seen China already showing signs of reducing their level of imports,” Essner said, noting that a buildup of Iranian oil in offshore storage shows that “it’s been harder for Iran to find buyers.” U.S. allies have until Nov. 4 to end imports of oil from that country.

Since Trump’s announcement in early May through mid-September, the price of Brent crude LCOX8, -0.01% the global benchmark, climbed roughly 7%. It settled at $78.60 a barrel on Thursday, up about 18% since the year began.

“European companies will almost certainly comply with these sanctions to avoid fines and confrontation with the U.S.,” said Sebastian Leburn, senior portfolio manager of Boston Private. “About a third of Iran oil is exported to Europe, and this is where the curtailment will be most pronounced.” Iran’s crude and condensate exports averaged 1.92 million barrels a day in August, down from 2.32 million in July, according to estimates from S&P Global Platts.

Saudi Arabia and Russia have been trying to ensure market stability in the aftermath of the Iran sanctions, but some question their ability to make up for the lost barrels of crude.

In June, OPEC and allied producers said they would rein in production curbs implemented in January 2017. That could raise daily output by one million barrels, to help offset a possible supply shortage from the Iran sanctions and production losses in Venezuela and elsewhere. A committee of OPEC and non-OPEC producers was expected to discuss how best allocate the production increase at a meeting in Algiers on Sept. 23.

However, it’s doubtful that Saudi Arabia or Russia can make up for the lost oil, maintains Campbell Faulkner, a senior data analyst at EOXLive. “Neither country has the swing production it did a number of years ago.”

It’s more likely that U.S. benchmark West Texas Intermediate crude prices CLX8, -0.16%  will spike into the $100 range, prompting production from drilled-but-uncompleted wells to ramp up, “along with greater U.S. exports to ease the tight market,” said Faulkner. That “will not replace the totality of the loss, but it, along with marginal production increases globally, can soak the market to prevent” oil from going into the $130 range.

Iran, however, isn’t the only factor that will help guide oil’s direction.

The sanctions probably will remove 1 million to 2 million barrels of oil a day from the market, and that’s obviously very bullish for prices. But the other big factor is the trade war, which is potentially very bearish for crude, because it could dampen demand, Essner says. Trump has imposed tariffs on, and plans even more, on hundreds of billions of dollars’ worth of goods from China, the world’s largest energy consumer.

The “bigger factor through the rest of the year is likely demand rather than supply,” said Brian Youngberg, senior energy analyst at Edward Jones, and the “real” threat to oil demand comes from the “broader economic downturn in emerging markets as a whole, not just China.”

Read the article online here: https://www.marketwatch.com/story/us-oil-sanctions-on-iran-threaten-global-supplies-but-a-demand-slowdown-poses-a-real-risk-2018-09-20

OTC GLOBAL HOLDINGS’ FURTHER ENHANCES EOXLIVE PLATFORM WITH INTEGRATION OF REAL-TIME ANALYTICS

OTC GLOBAL HOLDINGS’ FURTHER ENHANCES EOXLIVE PLATFORM WITH INTEGRATION OF REAL-TIME ANALYTICS

HOUSTON (SEPTEMBER 7, 2018) – EOX Holdings LLC (EOX), a subsidiary of leading independent institutional broker of commodities OTC Global Holdings (OTCGH), announced the addition of real-time analytics to its EOXLive platform. Further enhancing customer and broker interaction, the newly added feature will facilitate transactions, provide more market intelligence tools and make it more efficient to execute trades for users.

“Today’s trading landscape is becoming increasingly complicated and competitive, and we are responding by once again doubling down on investment in the EOXLive platform so that users derive even more value,” said Javier Loya, Chairman and Co-CEO of OTCGH. “The new features allow traders and brokers to focus more on deal and order flow as opposed to managing third party pricing systems, enabling users to spend less time in spreadsheets and more time focusing on clean execution in the block market.”

EOXLive, which allows users to trade directly on screen without having to pick up the phone, includes pre-trade markets and last-traded prices for natural gas options and leverages OTCGH’s strong blocks to provide unique market intelligence and transparency. Recent updates to the platform also now automatically load indicative bids and offers from IM blasts, making it easy to manage and execute orders, and provide users instant access via a web-based platform, free embedded option pricing and analytics grids as well as a robust Markets Page.

In addition to natural gas, the EOXLive platform supports trading in the full spectrum of bilateral and exchange-traded commodities, both physical and financial, including power, petrochemical, crude, refined product, metal, agricultural, weather and environmental markets.

For more information or to receive free access to EOXLive, visit http://www.otcgh.com/eox or contact EOXLive via email: 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.

About EOX Holdings LLC

EOX Holdings LLC (EOX) is registered as an Introducing Broker with the National Futures Association (NFA). EOX delivers unique and comprehensive market data, introducing broker (IB) services and the EOXLive platform. EOXLive provides order and trade management, confirms, reporting and clearing for thousands of trader, hedger and market maker accounts. EOXLive Active Markets delivers comprehensive on-screen price discovery while keeping the important human element in the trader and broker relationship. Leveraging the liquidity of nearly 20 brokerage shops across the commodity spectrum, EOXLive customers have transparency and execution capabilities so they can trade like never before. EOX Holdings LLC is a wholly owned subsidiary of OTC Global Holdings.

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

OTC GLOBAL HOLDINGS’ EOXLIVE BROKERS ONE MILLIONTH TRANSACTION

OTC GLOBAL HOLDINGS’ EOXLIVE BROKERS ONE MILLIONTH TRANSACTION

HOUSTON (AUGUST 9, 2018) – EOX Holdings LLC (EOX), a subsidiary of leading independent institutional broker of commodities OTC Global Holdings (OTCGH), announced that on August 6, 2018 its brokers submitted their one millionth transaction.

Launched in 2009 and registered as an Introducing Broker with the National Futures Association, EOX delivers unique and comprehensive market data, introducing broker (IB) services and OTCGH’s EOXLive platform which provides order and trade management, confirms, reporting and clearing for thousands of trader, hedger and market maker accounts by leveraging the liquidity of the firm’s nearly 20 brokerage shops across the commodity spectrum,

“Thanks to the contributions and dedication of our brokers we were able to reach this milestone transaction,” said Javier Loya, Chairman and Co-CEO of OTCGH. “This is yet another example of the truly unique and revolutionary role we are continuing to play in the commodities space.”

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.

About EOX Holdings LLC

EOX Holdings LLC (EOX) is registered as an Introducing Broker with the National Futures Association (NFA). EOX delivers unique and comprehensive market data, introducing broker (IB) services and the EOXLive platform. EOXLive provides order and trade management, confirms, reporting and clearing for thousands of trader, hedger and market maker accounts. EOXLive Active Markets delivers comprehensive on-screen price discovery while keeping the important human element in the trader and broker relationship. Leveraging the liquidity of nearly 20 brokerage shops across the commodity spectrum, EOXLive customers have transparency and execution capabilities so they can trade like never before. EOX Holdings LLC is a wholly owned subsidiary of OTC Global Holdings.

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