OTC GLOBAL HOLDINGS NAMED 2016 “BROKER OF THE YEAR”
BY ENERGY RISK MAGAZINE
Honor Recognizes Leading Independent Commodities Interdealer Broker’s Continued Growth and Launch
of First of its Kind On-Screen Trading Tool for U.S. Energy Markets
HOUSTON and LONDON – (May 18, 2016) – OTC Global Holdings (OTCGH), the leading independent commodities interdealer broker, has been named 2016 “Broker of the Year” by renowned international trading and risk management industry publication Energy Risk.
The ‘Broker of the Year’ honor was announced and presented to representatives from OTCGH’s leadership team at an awards gala in Houston on May 17. The award will also be presented at an Energy Risk awards gala in London on June 22.
“Despite continued market and regulatory challenges we have never wavered from our focus on investing in premier talent and then providing them the tools to succeed,” said Javier Loya, Chairman and CEO of OTCGH. “We are honored to receive this prestigious award for the second time in OTCGH’s nine-year history and thank everyone at OTCGH, from our brokers to the back office personnel, for making such an achievement possible.”
OTCGH earned this accolade thanks to a landmark year which saw it roll out EOXLive active markets, its proprietary commodities trading platform that provides traders and risk managers with unique information and liquidity previously unavailable on any screen. In addition, the company launched several new broking desks, brokered the first options contract on the Nasdaq Futures Exchange (NFX), the first crude options trade on the NFX and established an OTC Europe satellite office in Geneva.
Since the company’s formation, OTCGH’s growth has significantly outpaced the market. The company‘s business model combines organic and acquisitive growth to allow each of its portfolio companies to operate independently while enjoying efficiencies created through shared financial, technological and operational resources.
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, Geneva, Houston, New Jersey, London, Louisville and New York. The company has become a leading liquidity provider on CBOT, ICE and NYMEX, ranking number one amongst its peers in numerous contracts across biofuels, emission derivatives, commodity index products, crude oil, metals 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://www.youtube.com/watch?v=u5Ohwr7h3tE.
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Contact: Brittney Garneau