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Zero bureaucracy. Be an entrepreneur. Become a partner.

If those concepts sound good to you, you are just the individual that we are looking for: a hardworking, driven, and efficient leader who can leave others in the dust. You provide the energy, enthusiasm, and brilliance, and we provide you with a top-notch support network including technology that gives you an edge over your competitors, a diversified portfolio, and a global focus.

Our brokers have no boundaries. Are you ready to see the business model that has changed the lives of our 250 employees? We understand at a gut level that people are our business; they are our success story. They have taken us from a company founded in 2007 to an international powerhouse in the commodities business with Global Fortune 500 businesses knocking at our doors.

We reward professionalism, excellence, and execution in a big way – but we only take the best. If you are ready to be transparent, straightforward, and treat customers the way they deserve to be treated, contact us today.

Press and Media

OTC GLOBAL HOLDINGS LAUNCHES EUROPEAN NATURAL GAS & POWER DATA OFFERING

LONDON (22 July 2019) – OTC Global Holdings (OTCGH), leading independent interdealer broker in over-the-counter commodities, announced today the availability of its latest data product, European Natural Gas & Power (EUGP) Forward Curves powered by EOXLive.

The new product joins existing European offerings including NGLs, Refined Products, and Crude Oil as the firm continues to expand its market data offerings into Europe and Asia. The EUGP curves provide a powerful, independent market valuation tool to support investment and trading decisions in natural gas and power markets across Europe. As with all OTCGH Market Data products, they draw from the deep liquidity of OTC Europe’s brokering groups, Oil Brokerage, Aalpha Energy, Ion Energy UK, Choice! UK, and P&P Oil. The product leverages the company’s well-known EOXLive broking/trading platform, which combines the convenience of electronic trading with voice broking’s unique ability to provide market color and create bespoke transactions in markets such as refined products and naphtha.

The EUGP product covers daily assessments of 24 fixed price locations, including Belgian, TTF, Austrian, German, Italian, NBP, French, German, Italian, Nordic, Spanish, Swiss and Great Britain power and gas. Its key features include: monthly granularity and seasonal blocks, balance of the month, a 60-month tenor produced daily, bid/ask, spark spreads, and five daily model runs available for intraday and European close.

“The European Natural Gas & Power Forward Curves is a great addition to our growing suite of data offerings in this market and another example of how OTCGH is helping traders, risk managers and other market participants make more informed decisions across the global marketplace,” said Campbell Faulkner, Senior Vice President at OTCGH.

The new product joins the continuously expanding suite of data resources from OTCGH, which includes end-of-day forward curve reports for: North American (NA) Natural Gas Basis and Power forward curves each with 120 months of monthly granularity, NA Natural Gas implied volatilities covering basis options markets data, Power implied volatilities covering NA electricity options, global Natural Gas Liquids forward curves, NA Power/Natural Gas forward correlations, global Crude Oil forward curves, global Coal forward curves, global Freight forward curves, European NGLs, global Refined Products, European Crude Oil and Refined Products forward curves.

For more information about OTCGH please visit www.otcgh.com and to learn more about EOXLive, visit the www.otcgh.com/eox or contact EOXLive via email at operations@eoxlive.com or phone: 877-737- 8511.

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.

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 nearly 20 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.

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Contact:
Amy Lach
Pierpont Communications
(713) 627-2223
alach@piercom.com

 

OTC GLOBAL HOLDINGS EXPANDS MARKET DATA CAPABILITIES INTO EUROPE, ASIA WITH ADDITION OF DANIEL PORTON IN LONDON

LONDON (1 July 2019) – OTC Global Holdings (OTCGH), leading independent interdealer broker in over-the-counter commodities, today announced the addition of Daniel Porton as Market Data Business Development Manager and Head of Sales for Europe and Asia. Porton has over 12 years of experience in multi-asset sales and relationship management working in financial markets and will be based out of London.

“Thanks to its forward-thinking nature and rapid expansion OTC Global Holding has garnered quite the reputation in recent years, and I am delighted to join a company where I will have the opportunity to play a part in its next chapter of growth,” said Porton. “While OTCGH has been providing data in the US for several years, because many of the firm’s nearly 20 independent brokerages also now operate worldwide, we can now provide this unparalleled market data offering to our clients in Europe and Asia.”

In his new role Porton will lead the expansion of OTCGH Market Data, which is well-established in the U.S. market, into Europe and Asia. OTCGH Market Data products draw from the deep liquidity of the firm’s breadth of brokerages, including OTC Europe’s brokering groups Oil Brokerage, Aalpha Energy, Ion Energy UK, Choice! UK and P&P Oil. The products leverage the company’s well-known EOXLive broking/trading platform, which combines the convenience of electronic trading with voice broking’s unique ability to provide market color, and create bespoke transactions in markets such as refined products and naphtha.

EOXLive is continuously expanding its suite of data resources from OTCGH, which includes Freight Forward Curves, end-of-day forward curve reports for natural gas basis and power forward contracts each with 120 months of monthly granularity from across hundreds of locations, Natural Gas Implied Volatilities product covering basis options markets data, Power Implied Volatilities covering North American electricity options, Natural Gas Liquids Forward Curves, Power/Natural Gas Forward Correlations, Crude Oil Forward Curves, Coal Forward Curves and refined products forward curves.

The addition of Porton to the OTCGH Market Data team comes on the heels of the company being named 2019 “Broker of the Year” by Energy Risk, an internationally recognized publication in the global trade and risk management industry. This is the fourth time in nine years OTCGH has received the recognition, which is a reflection of the company’s growth and success since its establishment in 2007.

Prior to joining OTCGH, Porton was the Institutional Sales Manager for a prominent fintech company. He also held several senior roles during his 10 years at a global leader in derivatives trading based in the UK. There he provided trading in financial derivatives such as contracts for difference, financial spread betting and stockbroking and worked on the execution sales trading desk where the team on-boarded and serviced some of the company’s largest high-net-worth and institutional clients.

For more information about OTCGH please visit www.otcgh.com and to learn more about EOXLive, visit the www.otcgh.com/eox or contact EOXLive via email at operations@eoxlive.com or phone: 877-737- 8511.

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:
Amy Lach
Pierpont Communications
(713) 627-2223
alach@piercom.com

OTC GLOBAL HOLDINGS’ CHOICE! POWER ADDS ENERGY VETERAN THOMAS BLAKESLEE

NEW YORK (May 21, 2019) – Choice! Power, a subsidiary of leading independent interdealer broker in over-the-counter commodities OTC Global Holdings (OTCGH), today announced the addition of Thomas Blakeslee. The 25-year energy veteran joins OTCGH’s power and gas futures/options brokering and will work in New York.

“While this industry is changing at an increasingly rapid pace today, OTC Global Holdings’ commitment to investing in the best people and equipping them with the necessary technology and resources is unwavering. Adding new talent like Thomas to our already tremendous teams ensures we continue to innovate on our customers’ behalf and further fuels our already rapid growth,” said Javier Loya, Chairman and Co-CEO of OTCGH.

Blakeslee brings two plus decades of experience in trading oil, power and gas to Choice. He most recently was Sales Manager at Nasdaq, where he oversaw the sales effort for power and gas trading, driving new competition to the energy futures industry. Previously, he worked for a prominent utility and bank overseeing the Midwest trading desk in both physical and financial power as well as the entire Eastern Grid for two different funds. Blakeslee is a graduate from Columbia University with a BA degree. 

For more information about Choice! Power and OTC Global Holdings please visit www.otcgh.com.

About Choice! Power

Founded in 2011, Choice Power is a leading broker of electricity futures and options in the US.

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:
Amy Lach
Pierpont Communications
(713) 627-2223
alach@piercom.com

Broker of the year: OTC Global Holdings

https://www.risk.net/commodities/6605341/broker-of-the-year-otc-global-holdings

OTC Global Holdings (OTCGH) had a stand-out year in 2018, growing its oil business by 40%, hitting the one-millionth trade on its EOXLive electronic platform and adding forward curves for freight and coal to its data product set. Already the largest independent commodity broker by volumes, its recent expansions diversify the business as well as providing a service to clients, says London-based chief executive Joe Kelly.

“The beauty of what we have done is continue to expand our offerings and services so that the company is highly diversified, which will protect us from slowdowns in certain markets, and create a one-stop-shop for clients,” says Kelly.

One of the biggest successes of last year was the brokerage’s growth of its oil business. This came as the firm continued to integrate UK-based Oil Brokerage into its portfolio after purchasing it in 2017. The acquisition also increased OTCGH’s geographic reach, particularly into Asia where the firm has a light-end refined products business.

“There are different areas where we continue to expand and one of the largest is oil,” says Kelly. “This year a big part of our work was simply integrating [Oil Brokerage] into OTCGH, alongside the rest of our brands. The end result was a phenomenal success. We have been able to grow volumes in that part of the business by 40% in one year, and I’ll take that every day.”

OTCGH, which is co-headquartered in New York and Houston, started life in 2007 in the USnatural gas options market. It has grown over the years into a collection of nearly 20 independent brokerages in nine different locations: Chicago, Des Moines, Geneva, Houston, London, Louisville, New Jersey, New York and Singapore.

In addition to the evolution of its product offering and locations, OTCGH continued to strengthen its position in its original home, the natural gas market, brokering 37.25% of the US block market for natural gas options in June 2018, according to the firm. This included taking a market-leading 42% share of the Nasdaq Future Exchange’s total monthly natural gas options block volume in June.

This year a big part of our work was simply integrating [Oil Brokerage] into OTCGH, alongside the rest of our brands. The end result was a phenomenal success. We have been able to grow volumes in that part of the business by 40% in one year, and I’ll take that every day

Joe Kelly, OTC Global Holdings

The month was notable as it was the first time Nasdaq had the highest monthly block volumes for natural gas options of any US energy exchange, with a market share of 42% – ahead of CME Group with 36% and Intercontinental Exchange (Ice) with 23%.

Meanwhile, in March last year, 94% of Ice’s natural gas option block volumes were executed on EOXLive and 51% of CME’s. And while total volumes traded were lower that month than during their November and December peak, Kelly believes, this demonstrates the firm’s constant presence in the natural gas hedging markets.

“We are always performing at the top of the natural gas market, with a 30%-plus share of any given month of volumes traded in natural gas options. Obviously, market share is hard to get a grip on when activity is tight. But it’s important nonetheless, and when the market is trading in big volumes this really counts. We are consistently at the top of that too.”

OTCGH did not just make strides in the major oil and gas markets in 2018. It also sought to diversify further by launching coal and freight forward curves. These add to a product suite that also includes end-of-day forward curve reports for crude oil and refined products, natural gas basis and power forwards, natural gas implied volatilities, basis options and markets data.

According to Kelly, it is vital to continuously expand the company’ coal and freight product set in response to client demand, even if these markets are relatively niche compared with the oil and natural gas markets.

“A lot of clients are looking at both freight and coal and, as a commodities broker, you want to cover everything. Some of our products are more bespoke and illiquid and trade only a fraction of, for example, a Brent marker. But you are still going to have certain pockets of your clients that look at those sectors, so it’s good to be able to provide them with hedging tools like this.”

The commodities broking sector has seen a wave of consolidation in recent years, but Kelly is adamant that OTCGH has a much greater value proposition to clients by staying independent and has no plans to change the company’s status.

“I like being nimble, being able to make decisions quickly and being able to be aggressive when I want be,” says Kelly. “That’s the same philosophy we offer to all our different companies. They are very entrepreneurial [and don’t want] a large bureaucracy with layers of management to deal with.”