OTC GLOBAL HOLDINGS TO MATCH, DONATE EMPLOYEE COMMISSIONS TO BENEFIT THOSE AFFECTED BY HURRICANE HARVEY
HOUSTON (SEPTEMBER 5, 2017) –OTC Global Holdings (OTCGH), the leading independent commodities interdealer broker, today announced that it will corporately match and donate 100 percent of the voluntary employee commissions earned on Friday, September 8 to benefit those affected by Hurricane Harvey.
“We have been a proud member of the Houston community since our inception in 2007, and it is our duty and privilege to serve the community in which we live and work,” said Javier Loya, Founder and Co-CEO, OTCGH. “The teamwork, compassion and generosity that fuel our company every day will be on full display as employees work to aide those who need it the most, following the devastation and widespread flooding caused by Hurricane Harvey.”
OTCGH employees across the globe, which includes more than 20 companies, will voluntarily donate the commissions earned on Friday, September 8, and OTCGH will match them dollar-for-dollar, in order to multiply the impact of the donation. OTCGH remained fully operational during Hurricane Harvey thanks to the leadership and effort of its global offices – while the Houston team dealt with flooding and faced with evacuations, colleagues across the U.S. and London stepped in to provide uninterrupted service to its roster of more than 450 institutional clients.
“Unfortunately, OTCGH is no stranger to natural disasters – our company has faced Hurricanes Rita and Katrina, plus Superstorm Sandy and record setting flooding in London in recent years,” said Joe Kelly, Chairman and Co-CEO, OTCGH. “Together, we look forward to providing much-needed donations to the organizations working diligently to bring Houstonians back into their flood-ravaged homes.”
OTCGH has chosen the following organizations with which to partner and will distribute 100 percent of the donated commissions and their match among:
“This charitable giving is a natural response from the hearts of every employee within our company,” said Loya. “People within our organization housed their coworkers during the storm, which shows you the generosity and compassion that flows through our veins and into the work we do for each other, the community, and our clients.”
For more information about 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://player.vimeo.com/video/146686709.