History & Timeline

OTC Global Holdings History and Timeline

OTC GLOBAL HOLDINGS HISTORY AND TIMELINE

From our humble beginnings in March 2007, when co-founder of OTC Global Holdings (OTCGH) Javier Loya moved from being CEO of Houston-based energy firm Choice Brokerage and then acquired Choice Natural Gas, LP and Choice Power, LP to today, OTCGH has been about growth. Nearly every month for the past decade, there have been additions to the OTCGH team of companies and the global commodities powerhouse continues to thrive and grow.

For years, we have been leading the industry in offering actionable and timely market data and brokerage support and continue to grow our partnerships with data aggregators and independent brokerage firms to this day. Our advanced trading analytics are now used by large corporations and individual investors in the energy commodity space around the world, and our client list includes some of the most impressive names in the industry.

We are continuing to push and grow, rewriting what it means to be an independent institutional broker of commodities, with offices around the world from Chicago, New York, and New Jersey, to London, Geneva, and Singapore. We are now a leading liquidity provider on ICE, CME, and NFX, and serve more than 450 institutional clients.

July 2019

-OTC Global Holdings launches European Natural Gas & Power Forward Curves powered by EOXLive

May 2019

-OTC Global Holdings recognized as 2019 “Broker of the Year” by EnergyRisk for a fourth year

September 2018

-OTC Global Holdings further enhances EOXLive platform with integration of real-time analytics

August 2018

-OTC Global Holdings’ EOXLive brokers one millionth transaction

July 2018

-OTC Global Holdings launches Freight Forward Curves powered by EOXLive

May 2018

-OTC Global Holdings offers Coal Forward Curves powered by EOXLive

March 2018

-OTC Global Holdings’ Choice! Natural Gas voted top broker in the North American Natural Gas – Henry Hub Category in the Energy Risk magazine annual commodities rankings survey

January 2018

-OTC Global Holdings’ Choice Natural Gas named “Best Broker in Weather Risk Management in North America” by Environmental Finance for second consecutive year

December 2017

-OTC Global Holdings’ Choice Natural Gas brokers first CME Bitcoin Futures Block trade

-OTC Global Holdings celebrates 10th anniversary

-OTC Global Holdings’ Ion Energy Group brokers first Natural Gas Liquids (NGL) Block trade on the Nasdaq Futures Exchange (NFX)

October 2017

-OTC Europe, LLP acquires Oil Brokerage Limited in London

September 2017

-OTC Global Holdings hosts the company’s first Charity Day, benefitting Hurricane Harvey relief

August 2017

-OTC Global Holdings’ ION Energy Group rang the Nasdaq Closing Bell

May 2017

-OTC Global Holdings recognized as 2017 “Broker of the Year” by EnergyRisk for a second straight year

February 2017

-OTC Global Holdings’ Joe Kelly named Co-CEO

January 2017

-OTC Global Holdings forms OTC Asia in Singapore

December 2016

-OTC Global Holdings’ Choice Natural Gas named “Best Broker in Weather Risk Management in North America” by Environmental Finance

September 2016

-OTC Global Holdings launches upgraded EOXLive Active Markets platform

May 2016
-OTC Global Holdings recognized as 2016 “Broker of the Year” by EnergyRisk
-OTC Global Holdings’ Aalpha Energy forms crude oil options desk in London
-OTC Global Holdings’ Choice! Power brokers the first power options trade on the Nasdaq Futures Exchange

April 2016
-OTC Global Holdings voted top broker in four Energy Risk Rankings categories
-OTC Global Holdings’ P&P Oil forms middle distillate desk in London
-OTC Global Holdings’ ION Energy Group brokers first screen trade on EOXLive

September 2015
-OTC Global Holdings’ EOXLive Markets allows users to trade on the EOXLive screen without picking up a phone
-OTC Global Holdings’ releases live NYMEX Henry Hub volatility surface on the Bloomberg Professional service

March 2015
-OTC Global Holdings’ EOXLive Markets made available on Trading Technologies’ new TT Platform

February 2015
-OTC Global Holdings launches EOXLive Markets

November 2014
-OTC Global Holdings’ Aalpha Energy expands into U.S. 

August 2014
-OTC Global Holdings releases Crude Oil Forward Curves

April 2014
-OTC Global Holdings launches Refined Products Forward Curves

February 2014
-OTC Europe, LLP forms Aalpha Energy

October 2013
-OTC Global Holdings launches Natural Gas Liquids Forward Curves

February 2013
-OTC Global Holdings launches Natural Gas and Power Forward Curves
-OTC Global Holdings launches Power Implied Volatilities and Natural Gas Implied Volatilities products

November 2012
-Futures International bolsters staff with addition of Senior Commodity Analyst Terry Reilly

September 2012
-EOXLive announces partnership with TheStreet

July 2012
-OTC Europe launches freight derivatives desk
-Interactive Data launches FutureSource Workstation Version 3.4 which includes EOX Holdings content

March 2012
GlobalView adds EOX Holdings’ over-the-counter forward curves

February 2012
-EOX Holdings and Updata combine over-the-counter forward curves and advanced trading analytics

November 2011
-OTC Global Holdings joins CME ConfirmHub for Energy straight-through-processing

October 2011
-OTC Global Holdings collaborates with CME Group to deliver the industry’s first on-demand over-the-counter market data

July 2011
-OTC Global Holdings’ video honored at 32nd Annual Telly Awards with a bronze award in the recruitment category

June 2011
-EOX Holdings launches End-of-Day Forward Curve products

May 2011
-OTC Global Holdings forms Equus Energy Group LLC in Louisville

May 2011
-OTC Global Holdings Named 2011 “Broker of the Year” by Energy Risk

March 2011
-Choice! Power, a division of OTCGH, forms Northeast Power Brokerage Desk in Houston and New York

December 2010
-OTC Europe, LLP in London expands into coal and coal derivatives brokering

November 2010
-OTC Global Holdings Joins ICE eConfirm Broker Matching Service 

August 2010
-OTC Global Holdings forms OTC Europe, LLP in London with two new divisions (Ion Energy and P&P Oil)

July 2010
-EOX Holdings Unveils OTC Energy Market Data Offering

June 2010
-Javier Loya named Ernst & Young Entrepreneur of the Year® 2010 Award Winner in Houston and Gulf Coast Area

January 2010
-Choice Environmental LLC Brokers First CME-Cleared Snowfall Trade

June 2009
-OTC Global Holdings acquires stake in Futures International LLC in Chicago
-OTC Global Holdings brokers first non-energy commodity

May 2009
-OTC Global Holdings forms Edge Energy LLC in Sugar Land
-EOXLive adds OTC energy industry’s first wholesale electronic fixed price swap and swap spread markets in natural gas

March 2009
-OTC Global Holdings forms Riviera Commodities LLC in New York

February 2009
-OTC Global Holdings named a “2008 Deal of the Year” by Energy Risk Magazine

November 2008
-OTC Global Holdings forms ION Energy Group in New York
-OTC Global Holdings forms Pinnacle Derivatives Group LLC in Jersey City

October 2008
-OTC Global Holdings forms Paradigm Brokers LLC in Louisville 

September 2008
-OTC Global Holdings named to the Houston Business Journal’s Fast 100 list

August 2008
-OTC Global Holdings forms Choice Environmental LLC in Houston

July 2008
-OTC Global Holdings forms Valence Energy LLC in New York

October 2007
-OTC Global Holdings forms EOX Holdings LLC in New York and introduces EOXLive interactive, web-based trading platform
-OTC Global Holdings brokers first crude and crude commodity products

August 2007
-OTC Global Holdings acquires Power Merchants Group LLC in New York 

July 2007
-OTC Global Holdings acquires Elite Brokers LLC in Houston

June 2007
-OTC Global Holdings acquires Black Barrel Energy LP in Houston

May 2007
-OTC Global Holdings forms PVO Energy LP in New York

March 2007
-OTC Global Holdings LP formed in Houston by Javier Loya, then CEO of Houston-based energy brokerage firm Choice Energy
-OTC Global Holdings acquires Choice Natural Gas, LP in Houston
-OTC Global Holdings acquires Choice Power LP in Houston

Press and Media

OTC GLOBAL HOLDINGS ANNOUNCES FURTHER DEVELOPMENTS WITH DATA PARTNER ABACUS SOLUTIONS INC

OTC GLOBAL HOLDINGS ANNOUNCES FURTHER DEVELOPMENTS WITH DATA PARTNER ABACUS SOLUTIONS INC

LONDON (October 1st 2020) – OTC Global Holdings (OTCGH), the leading independent interdealer broker in over-the-counter commodities, has further expanded its data services with new developments from data partner Abacus Solutions including their release of Saturn 9.0.

Abacus Solutions Inc has released SATURN 9.0, a new version of its flagship integrated CTRM system. SATURN is an enterprise business management system that integrates several key applications including Generation Management, Trade Management, Credit Management, Market Analysis, Business Intelligence, and Retail Management. SATURN facilitates improved decisions and helps analyze corporate and functional risks, revenues, costs, and profits for a portfolio of plants, trades, and other assets. Using modern technology, SATURN helps users realize significant benefits and gain unique and sustainable competitive advantages.

“We are pleased with the development of our partnership with OTC Global Holdings (EOXLive) which offers joint products and services that enable our clients to achieve operational excellence and gain and sustain competitive advantages” said Dr. Salim J. Jabbour, founder and CEO of Abacus Solutions Inc. “Our partnership with EOX enables our clients to streamline their market analysis process and integrate updated forward curves in their daily asset management, trading, and hedging decisions”, he added.

“We are delighted to be collaborating with our data partner Abacus Solutions Inc. Abacus Solutions Inc is the developer of SATURN, an integrated enterprise-wise ETRM system (front, mid, back office) with decision support capabilities and additional unique tools ” said Campbell L. Faulkner Senior Vice President and Chief Data Analyst at OTC Global Holdings (EOXLive).

As with all OTCGH Market Data products the data reports draw from the deep liquidity of OTCGH’s breadth of brokerages and leverage the company’s well-known EOXLive broking/trading platform.

OTC Global Holdings (EOXLive) is continuously expanding its suite of data resources which currently 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, Refined Products forward curves and European Natural Gas & Power 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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OTC GLOBAL HOLDINGS ANNOUNCES THEIR PARTNERSHIP WITH TECHNICAL ANALYSIS AND CHARTING SOFTWARE PROVIDER UPDATA

OTC GLOBAL HOLDINGS ANNOUNCES THEIR PARTNERSHIP WITH TECHNICAL ANALYSIS SOFTWARE PROVIDER UPDATA

LONDON (11 June 2020) – OTC Global Holdings (OTCGH), the leading independent interdealer broker in over-the-counter commodities, has further expanded its data services with the announcement of their partnership with technical analysis and charting software provider, Updata.

Updata was founded over 20 years ago with the aim of delivering the best technical analysis software running on as many data sources as possible. Updata’s software is used by professional traders and analysts in over 50 countries and has won the award for best Technical Analyst Platform on numerous occasions. Updata Analytics is widely used by energy traders globally for its pre-trade analysis and price prediction capabilities. The system comes with over 1,000 built in custom indicators and trading strategies. Reports can also be automated with modelled prices, curves and historical curves overlaid on charts.

“We are excited about our partnership with Updata and we look forward to working with them”, commented Campbell Faulkner, Senior Vice President and Chief Data analyst at OTC Global Holdings (EOXLive).

“Updata Analytics is a cost-effective desktop software solution adding an extra dimension for traders, analysts, and risk managers when utilising OTC Global Holdings (EOXLive) data products” he added.

“We are delighted to have integrated OTC Global Holdings (EOXLive) data products into Updata Analytics. The depth and breadth of the data for crude oil, refined products, natural gas and power with curves far out into the future is unrivalled. This will add a powerful extra for Updata Analytics users in the energy trading community.” David Linton, CEO Updata.

As with all OTCGH Market Data products the data reports draw from the deep liquidity of OTCGH’s breadth of brokerages and leverage the company’s well-known EOXLive broking/trading platform. This is combined with algorithmic modelling to ensure consistent, unbiased, and robust datasets. The superior approach removes the externalities found in hand marked broker curves while also combining superior model inputs lacking in third party price reporting agencies.

OTC Global Holdings (EOXLive) is continuously expanding its suite of data resources which currently 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, Refined Products forward curves and European Natural Gas & Power 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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OTC GLOBAL HOLDINGS PARTNERS WITH SENECA TO LAUNCH FIRST OF ITS KIND HEALTH AND WELLNESS INITIATIVE PROMOTING PRODUCTIVITY, WELL-BEING AMONGST ITS BROKERS

Spearheaded by Former Employee at Firm’s London Office, Effort Seeks to Follow Professional Sports Approach by Creating Pre-conditions of Elite Performance Through Mental and Physical Support

LONDON (27 January 2020) – OTC Global Holdings (OTCGH), the leading independent commodities interdealer broker, announced today that it is partnering with Seneca, a revolutionary system of physical and mindset coaching for elite professionals designed to create a foundation of wellness to boost the performance of both the individual and the business, to pilot a first of its kind health and wellness programme to increase productivity and well-being in the workplace.

“This programme is a result of my ongoing efforts to help others discover the joys and benefits of pursuing a healthier lifestyle,” said Andy Ramage, founder of Seneca and OTCGH subsidiary company Aalpha Energy. “Having seen how improving my daily habits ultimately leads to a more productive personal and professional life while I was working at OTC Global Holdings as a broker, I am very excited to launch this programme where my quest started. Hopefully it inspires not just my former colleagues but others within the financial industry to pay attention to this long-ignored issue.”

As part of the partnership Seneca will deliver a unique in-office training programme for the brokers at the firm’s OTC Europe office in London, beginning with Ramage’s former Aalpha Energy team. The programme, which includes a pop-up gym to encourage healthy habits, seeks to help participants begin making more positive lifestyle choices that lead to increased vitality, longevity, retention and performance to potentially increase revenues. It’s delivered over eight weeks and includes a physiological and mindset component with former Westham and Scotland Captain Christain Dailly (Bsc), who runs the physiological coaching plan.

“Andy has been an inspiration to all of us at OTC Global Holdings,” said Joe Kelly, OTCGH’s president and Co-CEO. “We are looking forward to joining him in his campaign and taking on this challenge to bring fitness, both mental and physical, into the workplace. Our hope is that we can grow together as a team while also improving ourselves as individuals through this pilot programme.”

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 Seneca

Seneca Performance: Rewriting the rules of success. Whereas big-sport offers it’s talent a whole host of elite level support, big-business, in general, offers little or nothing at all. Seneca aims to bridge this gap, treating its business professionals like office-athletes.

Andy Ramage (MSc) former athlete, broker, author and entrepreneur and former Westham and Scotland Captain Christian Dailly (BSc) have created a revolutionary system of physical and mindset coaching for elite professionals designed to create a foundation of wellness to boost the performance of both the individual and the business.

To learn more, please visit www.senecaperformance.com

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Contact: Amy West
713-627-2223
awest@piercom.com

OTC GLOBAL HOLDINGS’ ION ENERGY GROUP LAUNCHES PHYSICAL LPG PRODUCT AND FREIGHT BROKERAGE DESK, WELCOMES FORMER TRADER PATRICK GORGUE TO LEAD EFFORT WHICH WILL FOCUS ON EUROPEAN AND ASIAN MARKETS

NEWS RELEASE

HOUSTON (December 26, 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 establishment of a physical freight brokerage desk and the addition of former trader Patrick Gorgue as desk head.

“Patrick brings unparalleled experience to this new opportunity and comes to ION at an exciting time,” said Sid Perkins, founder and managing partner of ION Energy Group. “As we look to expand our footprint, we need to hire experienced individuals like this who can grow specific new areas of our business. We look forward to seeing Patrick replicate his previous successes in the physical global markets he’ll be focused on.”

Prior to joining ION Gorgue worked at Vitol for eight years and ran the firm’s LPG desk in their Houston office. In addition, he traded European LPG for Morgan Stanley in London and worked at Louis Dreyfus in Houston and Wilton, Conn.

“I am eager to get to work with Sid and my new colleagues to build out the product and freight brokerage desk focused on international LPG markets,” added Gorgue. “The tremendous growth of these markets lately is just the beginning, and they present incredible opportunities for an industry leader like ION.”

For more information about OTCGH and ION Energy Group visit www.otcgh.com. To contact Gorgue directly please use: gorgue.p@ionenergygroup.com / (713) 358-5450 / gorguep3 (ICE Chat).

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.

Contact: Amy West
Pierpont Communications
(713) 627-2223
awest@piercom.com