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’ ION ENERGY GROUP BROKERS FIRST NATURAL GAS LIQUIDS BLOCK TRADE ON NASDAQ FUTURES EXCHANGE

HOUSTON (December 11, 2017) – Ion Energy Group, a portfolio company of leading independent interdealer broker OTC Global Holdings (OTCGH), today announced that it has brokered the first Natural Gas Liquids (NGL) Block trade on the Nasdaq Futures Exchange (NFX) on December 7, 2017.

“Ion Energy is proud to continue its legacy of being an industry leader with this most recent first of its kind market trade on the NFX,” said Ion Energy’s Thomas (TJ) James, who brokered the trade.

Ion Energy also brokered the first options contract, a natural gas options transaction, on the NFX shortly after the platform’s launch in late 2015 and earlier this year the company rang the Closing Bell during the Nasdaq stock market closing ceremony.

“This trade by TJ and Chris Dinges of Ion’s NGL desk is yet another example of the forward thinking that has propelled OTCGH to its position as the leading independent commodities interdealer broker in the world over the last 10 years,” added Javier Loya, Chairman and Co-CEO of OTCGH. “As the only broker within the NFX Partnership, OTCGH continues to work closely with the exchange to roll out their new products within its energy markets.”

OTCGH’s Power Merchants Group also brokered the NFX’s first crude options trade in July 2015 and its Choice! Power portfolio company brokered the platform’s first power options in May 2016.

For more information about OTCGH and its portfolio companies, including Ion Energy, visit www.otcgh.com.

About Ion Energy Group
Founded in 2008 and based in New York and Houston, Ion Energy is a portfolio company of OTC Global Holdings and a brokering group of EOX Holdings that offers clients brokering services and expertise in natural gas liquids (NGL), product options and the natural gas and crude markets.

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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OTC EUROPE ACQUIRES OIL BROKERAGE LIMITED

Leading IDB bolsters liquidity and strengthens product offerings, continues geographic expansion with addition of global physical and financial oil products firm

 

London – (3 October, 2017) – OTC Europe, LLP, a subsidiary of leading independent commodities interdealer broker OTC Global Holdings (OTCGH), today announced the acquisition of Oil Brokerage Limited, a London-based global physical and financial oil products firm.

 

The acquisition further strengthens OTC Europe’s and OTCGH’s position as a major global player across all commodity markets by deepening its liquidity pools, product offerings, expertise and information resources in the global physical and financial oil products. Coming on the heels of the formation of OTC Asia in Singapore at the beginning of this year, it also continues OTCGH’s geographic expansion and marks another significant milestone for the company as it celebrates its 10th anniversary in 2017.

 

“Putting these two firms together brings unparalleled value to our clients and employees. Both companies have had incredible success and growth, especially in the last five years when many of our peers in commodities have folded, sold or floundered,” said Joe Kelly, OTCGH President and Co-CEO. “While we typically build our own firms, we also have made strategic acquisitions and Oil Brokerage was strong in areas of the market we weren’t in yet but saw an opportunity.”

 

Established in late 1988, Oil Brokerage specializes in the brokering of Physical Gasoline, Gasoline Components, Gasoline Swaps, Physical Naphtha, Naphtha Swaps, Fuel Oil, LPG and Freight Futures (FFA) for clients such as major oil companies, oil trading divisions of investment banks and commodity houses as well as other established independent trading concerns and funds. It has more than 70 employees working at offices in London and Singapore.

 

Oil Brokerage will become one of OTC Europe’s brokering groups, joining the London office’s Aalpha Energy, Ion Energy UK, Choice! UK and P&P Oil desks, and will have the ability to leverage OTCGH’s global network of 20 independent portfolio companies in Chicago, Des Moines, Geneva, Houston, London, Louisville, New Jersey, New York and Singapore as well as technology resources such as the company’s EOXLive platform to serve its clients.

 

“A decade ago we structured our agile and innovative business model with deals like this in mind. This acquisition again exemplifies why that model works as we can bring in a company like Oil Brokerage, allowing them to maintain their independence and ability to offer specialized products while at the same time enjoying the financial, managerial and technological resources needed to compete effectively in today’s rapidly changing marketplace,” added Kelly.

 

“This deal is a sound strategic move for our company,” said James McNicol, Oil Brokerage’s Managing Director. “We’ve had major success in Europe over the years and recently expanded our business in Asia. OB has been pursued by a number of suitors during our nearly 30 years in business, however,  the opportunity to accelerate our growth within OTC Global’s structure is  something we are genuinely excited about and look forward to greatly. .”

 

OTC Europe’s office is located at10 Finsbury Square, 5th floor, London, United Kingdom, EC2A 1AF. For more information about OTC Europe or its divisions, visit  www.otcgh.com or call +44 (0) 20 7726 8601.

 

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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OTCGH Hosts Charity Day Benefitting Hurricane Harvey Relief

OTC Global Holdings (OTCGH), the world’s leading independent commodities interdealer broker, raised funds during its Hurricane Harvey Charity Day on Friday, September 8, 2017. Joining OTCGH’s brokers in Houston were a collection of iconic sports stars, media personalities and musicians from the city, who acted as “guest brokers.” Watch the highlights from OTCGH’s Charity Day here: https://vimeo.com/235050183

HOUSTON SPORTS, MEDIA AND MUSIC ICONS TO JOIN OTC GLOBAL HOLDINGS AS GUEST BROKERS FOR CHARITY DAY BENEFITTING HURRICANE HARVEY RELIEF

Leading IDB to match commissions donated by brokers

HOUSTON (September 7, 2017) – OTC Global Holdings (OTCGH), the world’s leading independent commodities interdealer broker, today announced that its efforts to raise funds during its Hurricane Harvey Charity Day, to be held Friday, September 8, 2017, will be getting some extra support.

Joining OTCGH’s brokers in Houston will be a collection of iconic sports stars, media personalities and musicians from the city, who will act as “guest brokers,” including:

  • Jeff Bagwell, MLB Hall of Fame Inductee and former Houston Astros first baseman
  • Mike Chabala, former Houston Dynamo left back
  • Ray Childress, NFL Pro Bowl athlete and former Houston Oiler
  • Mario Elie, three-time NBA Champion and former Houston Rocket
  • Rocky Juarez, WBC Silver Featherweight Champion and native Houstonian
  • Jean Lopez, U.S. Olympic Taekwondo coach
  • Mark Lopez, Olympic Silver Medalist, Taekwondo
  • John Lucas, former #1 overall pick in the NBA draft (Houston Rockets) and current Houston Rockets player development coach
  • Chris Myers, former Houston Texans center
  • Chester Pitts, former Houston Texans offensive lineman
  • Mary Sarah, country music singer and former contestant on NBC’s “The Voice”
  • Lou Savarese, former professional boxer
  • John Skelton, former Arizona Cardinals quarterback
  • Bobby Sura, former Houston Rocket shooting guard
  • Kailee Wong, former Houston Texans linebacker

“We are honored that so many distinguished stars in the sports and entertainment world are going to join our effort to aid those affected by Hurricane Harvey,” said Javier Loya, Founder and Co-CEO, OTCGH. “The impact on this community is personal for all of us at OTCGH, not just in Houston but at our offices around the globe. I’m proud of how our employees and these native and celebrity Houstonians are coming together to provide much needed donations to worthy organizations supporting the relief and rebuilding efforts following the devastating floods.”

Commissions donated by OTCGH employees at the company’s more than 20 brokerages in Chicago, Des Moines, Geneva, Houston, London, Louisville, New Jersey, New York and Singapore on Hurricane Harvey Charity Day will be matched dollar-for-dollar in order to multiply the impact of the donations for the following organizations:

For more information about OTCGH and its Hurricane Harvey Charity Day visit www.otcgh.com.

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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