News

OTC GLOBAL HOLDINGS’ ION ENERGY GROUP TO RING NASDAQ CLOSING BELL

NEW YORK (AUGUST 2, 2017) – ION Energy Group, the largest natural gas options broker in the world and a portfolio company within leading independent interdealer broker OTC Global Holdings (OTCGH), today announced that it will ring the Closing Bell during the Nasdaq...

OTC GLOBAL HOLDINGS NAMES JOE KELLY CO-CEO

NEW YORK – (February 21, 2017) – OTC Global Holdings (OTCGH), the world’s leading independent commodities interdealer broker, today announced that Joe Kelly has been named Co-CEO. Kelly, previously OTCGH’s President and Chief Operating Officer, joined the company...

Press and Media

OTC GLOBAL HOLDINGS’ CHOICE NATURAL GAS NAMED “BEST BROKER IN WEATHER RISK MANAGEMENT IN NORTH AMERICA” FOR SECOND CONSECUTIVE YEAR

News Release

OTC GLOBAL HOLDINGS’ CHOICE NATURAL GAS NAMED “BEST BROKER IN WEATHER RISK MANAGEMENT
IN NORTH AMERICA” FOR SECOND CONSECUTIVE YEAR

HOUSTON – (January 9, 2018) – Choice Natural Gas, a subsidiary of leading independent commodities interdealer broker OTC Global Holdings (OTCGH), has been named “Best Broker in Weather Risk Management in North America” by Environmental Finance for the second consecutive year. Led by Director of Weather Markets Nick Ernst, Choice was recognized for its excellence in weather risk management after performing exceptionally in the 2017 Environmental Finance Annual Market Rankings.

“We are honored to once again be named the best broker in weather risk management, an honor that we do not take lightly. Every day, we strive to provide our clients with the best possible service by leveraging the unmatched data and transparency offered only by our parent company, OTC Global Holdings. I believe that this commitment to mitigating client risk and maximizing their success is what sets us apart from others and is why we’re again being recognized,” said Ernst.

The accomplishment is another highlight for a banner year for OTCGH. In 2017, the company celebrated a decade of dominance through a number of hallmark achievements, including the expansion into the Asia Pacific region via the formation of OTC Asia in Singapore, naming Joe Kelly Co-CEO, acquiring Oil Brokerage Limited in London, and setting multiple record volume trading days on its EOXLive platform. For 10 years, OTCGH has sought to grow, diversify and serve its clients in ways unimaginable by competitors, which has allowed it to succeed while others have sold, folded or shrunken.

“We are honored to receive this award for the second consecutive year, which speaks to the talent and service provided to our clients,” said Javier Loya, Chairman and CEO of OTCGH. “Choice and Nick have played a significant role in the growth, success and diversification of our business. This level of commitment to client service is enabling our continued success in today’s challenging market.”

For more information about Choice or OTCGH 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://vimeo.com/249607583.

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Contact:  Brittney Garneau
Pierpont Communications
(713) 627-2223
bgarneau@piercom.com

 

OTC GLOBAL HOLDINGS’ CHOICE! NATURAL GAS BROKERS FIRST CME BITCOIN FUTURES BLOCK TRADE

NEWS RELEASE

OTC GLOBAL HOLDINGS’ CHOICE! NATURAL GAS
BROKERS FIRST CME BITCOIN FUTURES BLOCK TRADE

HOUSTON (December 26, 2017) – Choice! Natural Gas, a portfolio company of leading independent interdealer broker OTC Global Holdings (OTCGH), today announced it brokered the first CME Bitcoin Futures Block trade on December 22, 2017.

“While OTC Global Holdings has traditionally been known as an energy-focused firm, in recent years we’ve grown to cover the entire spectrum of commodities to meet the expanding needs of our clients,” said Eric Scharf, Director of Sales and Marketing, EOX Holdings, who drove the company’s efforts to bring on the product. “We anticipate brokering more of the fixed-price commodity like we did with this trade as well as supporting the options market when it becomes listed.”

Choice!, with offices in Houston, New York and London, is a leading broker in natural gas options, natural gas basis, NGL, refined products, electricity, and weather derivatives.

“I am proud that OTCGH has achieved this first for our clients and want to recognize the progressive thinking by our brokers at Choice! as well as the team at EOX for making this happen so quickly,” said Javier Loya, OTCGH’s chairman and Co-CEO. “2017, the year of our 10th anniversary, was tremendous, but because of this type of thinking I expect 2018 to be even better.”  

For more information about OTCGH and its portfolio companies, including Choice! Natural Gas and EOX Holdings, visit www.otcgh.com.

About Choice! Natural Gas

Founded in 2005, Choice! Natural Gas is a portfolio company of OTC Global Holdings and a brokering group of EOX Holdings. Choice! is a leading broker in Natural Gas Options, Natural Gas Basis, NGL, Refined Products, Electricity, and Weather derivatives.

 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 over 15 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.

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:  Mike Gehrig
Pierpont Communications
(713) 627-2223
mgehrig@piercom.com

OTC GLOBAL HOLDINGS CELEBRATES 10TH ANNIVERSARY WITH SIGNIFICANT GLOBAL EXPANSION, CONTINUED GROWTH OF EOXLIVE PLATFORM CLIENT BASE

HOUSTON (December 13, 2017) – OTC Global Holdings (OTCGH), the leading independent commodities interdealer broker, celebrated its 10th anniversary with a year of significant growth, continued expansion of its EOXLive platform’s client base and numerous other milestones.

The company kicked off the year by announcing the opening of its OTC Asia office in Singapore in January. The new office and venture into the Asia Pacific region completed the company’s global service model, allowing OTCGH to serve every major global crude swaps market with a live broker at any time during the global workday via its Aalpha Energy desks in Houston, London, New York and now Singapore.

In addition, the company’s OTC Europe subsidiary acquired London-based global physical and financial oil products firm Oil Brokerage Limited in October. The deal, which added Oil Brokerage’s more than 70 employees working at offices in London and Singapore to OTCGH, further strengthened 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.

Finally, thanks to the continued support of OTCGH’s brokers the company also saw continued growth of the client base for its EOXLive platform. This resulted in more trader-to-trader interaction and multiple record-setting natural gas market volume totals, such as August’s 296,430 Natural Gas Options sides which eclipsed the previous record (from June 2017) by nearly 19 percent.

Other highlights for the company during the year included:

  • OTCGH’S Choice Natural Gas being name “Best Broker in Weather Risk Management in North America” by Environmental Finance
  • Joe Kelly, previously OTCGH’s President and Chief Operating Officer, being named Co-CEO in February;
  • OTCGH’s selection as “Broker of the Year” by renowned international trading and risk management industry publication Energy Risk for the second straight year in May;
  • ION Energy Group, the largest natural gas options broker in the world and a portfolio company within OTCGH, ringing the Closing Bell during the Nasdaq stock market closing ceremony on August 3;
  • OTCGH support of those impacted by Hurricane Harvey by corporately matching and donating 100 percent of its voluntary employee commissions during a Charity Day on September 8;
  • ION Energy Group brokering the first Natural Gas Liquids (NGL) Block trade on the Nasdaq Futures Exchange (NFX) on December 7.

“The last 10 years have flown by for Joe Kelly and myself and we are very proud of how OTC Global Holdings has transformed from a group of independent brokerages that banded together into the world’s dominant independent commodity broker,” said Javier Loya, OTCGH’s chairman and Co-CEO. “While our achievements and activities from 2017 were tremendous, what really excites Joe and I are the opportunities the next 10 years present as we continue to gain market share, enhance our technology and data offerings, and diversify our portfolio of services in order to continue providing the best client experience and service in the market.”

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 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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