NEW YORK (December 9, 2019) – 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 the addition of Het Shah as a head of research. Shah brings more than 15 years of experience in trading, research and product development to the firm and will help further build out its rapidly expanding research capabilities.
“While Ion has long been known as the natural gas market leader, we have seen our clients’ needs evolve in recent years and are continuously trying to grow with them,” said Sid Perkins, founder and managing partner at ION Energy Group. “Het brings tremendous experience to the table and his addition will allow us to continue down the path of trying to expand our research capability in a rapidly changing environment.”
Shah most recently developed a data analytics firm, analytix.ai, which used advanced big data modelling techniques to build more accurate, timely, and forward-looking natural gas fundamental data. He also played a part in developing and growing enelyst.com, a widely used professional messaging platform for energy market professionals.
Prior to this, Shah was head of natural gas at Bloomberg and developed all the components for their natural gas regional models, including daily regional production, consumption, storage activity and flows for 16 regions across the US and Canada. His data and analysis during this time was widely circulated amongst energy market traders and analysts.
In addition, Shah previously held research and analyst positions at BP, Platts and Constellation Energy.
“The opportunity to join an industry leader like ION and help further build out their research capabilities was something I immediately jumped at,” added Shah. “Not only has the firm continually emphasized staying ahead of the curve with its clients by investing in research and other emerging areas of the business, but thanks to their entrepreneurial approach I know I will have the resources to build something impactful.”
For more information about OTCGH and ION Energy Group visit www.otcgh.com.
About ION Energy Group
Founded in 2008 by Sid Perkins and based in New York, London 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.
Contact: Amy West