History & Timeline

OTC Global Holdings History and Timeline

From our humble beginnings in March 2007, when co-founder of OTC Global Holdings 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, OTC Global has been about growth. Nearly every month for the past decade, there have been additions to the OTC Global 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 impressive names.

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.

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

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 now 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 to be 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
– OTCGH joins CME ConfirmHub for Energy straight-through-processing

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

September 2011
– OTCGH hires Suresh Dongre as Chief Information Officer

July 2011
– OTCGH’s 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
– OTCGH 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 broking

November 2010
– OTCGH Joins ICE eConfirm Broker Matching Service

August 2010
– OTCGH 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
– OTCGH acquires stake in Futures International LLC in Chicago
– OTCGH brokers first non-energy commodity

May 2009
– OTCGH 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
– OTCGH 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
– OTCGH forms ION Energy Group in New York
– OTCGH forms Pinnacle Derivatives Group LLC in Jersey City

October 2008
– OTCGH forms Paradigm Brokers LLC in Louisville

September 2008
– OTCGH named to the Houston Business Journal’s Fast 100 list

August 2008
– OTCGH forms Choice Environmental LLC in Houston

July 2008
– OTCGH forms Valence Energy LLC in New York

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

August 2007
– OTCGH acquires Power Merchants Group LLC in New York

July 2007
– OTCGH acquires Elite Brokers LLC in Houston

June 2007
– OTCGH acquires Black Barrel Energy LP in Houston

May 2007
– OTCGH forms PVO Energy LP in New York

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

Press and Media

OTCGH’S EOXLIVE PLATFORM BROKERS RECORD-SETTING 123,000 NATURAL GAS OPTIONS LOTS IN FEBRUARY

OTCGH’S EOXLIVE PLATFORM BROKERS RECORD-SETTING
123,000
NATURAL GAS OPTIONS LOTS IN FEBRUARY

            Volume from leading IDB eclipses previous record by 12 percent, represents 43.4 percent of total Natural Gas Options market during February 2017 for NFX

HOUSTON (March 2, 2017) – OTC Global Holdings (OTCGH) announced that in February 2017 its EOXLive platform brokered a record-setting 123,000 Natural Gas Options lots, eclipsing the previous record (from January 2017) by 12 percent. In addition, the leading independent commodities interdealer broker represented 43.4 percent of Nasdaq’s total Natural Gas Options market volume during this time.

EOXLive, which allows users to trade directly on screen without having to pick up the phone, includes pre-trade markets and last-traded prices for natural gas options and leverages OTCGH’s strong market share to provide unique market intelligence and transparency. Recent updates to the platform also now automatically load indicative bids and offers from IM blasts, making it easy to manage and execute orders, and provide users instant access via a web-based platform, free embedded option pricing and analytics grids as well as a robust Markets Page.

In addition to natural gas, the EOXLive platform supports trading in the full spectrum of bilateral and exchange-traded commodities, both physical and financial, including power, petrochemical, crude, refined product, metal, agricultural, weather and environmental markets.

For more information or to receive free access to EOXLive, visit http://www.otcgh.com/eox or contact EOXLive via email: operations@eoxlive.com, AIM: eoxops or phone: 877-737- 8511.

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 over 15 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.

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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OTC GLOBAL HOLDINGS NAMES JOE KELLY CO-CEO

NEW YORK – (February 21, 2017) – OTC Global Holdings (OTCGH), the world’s leading independent commodities interdealer broker, today announced that Joe Kelly has been named Co-CEO. Kelly, previously OTCGH’s President and Chief Operating Officer, joined the company following its merger with Power Merchants Group in July 2007.

Over the past decade, Kelly has spearheaded the creation and growth of OTCGH’s international operations – OTC Europe in 2010 and more recently OTC Asia – while driving the development of the company’s proprietary commodities trading platform, EOXLive, and expanding its co-headquarters in New York City. Kelly and Chairman and Co-CEO Javier Loya will lead the company’s long-term direction and growth, and are responsible for its unique and wildly successful business model.

“Joe’s leadership and strategic vision for OTCGH have helped us grow the company from a scrappy collection of independent brokerage shops into a global commodities powerhouse,” said Loya. “It has been an honor to work alongside, challenge, and be challenged by him over the past 10 years, and I am excited to see where the next decade together takes us.”

OTCGH, which is celebrating 10 years of continual growth and success in 2017, is a leading liquidity provider on CBOT, ICE, and NYMEX. Its collection of nearly 20 independent brokerages include offices in Chicago, Geneva, Houston, New Jersey, London, Louisville, New York and Singapore, and operate 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, serving more than 450 institutional clients, including over 70 members of the Global Fortune 500.

“I am honored to be named Co-CEO of OTC Global Holdings,” said Kelly. “This company and I have grown together for a decade now, and I am incredibly proud of our accomplishments, but also confident that even greater things are in store for us.”

For more information about OTC Global Holdings 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, Geneva, Houston, New Jersey, London, Louisville, New York and Singapore. 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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OTCGH’S EOXLIVE PLATFORM BROKERS RECORD-SETTING 110,000 NATURAL GAS OPTIONS LOTS IN JANUARY

NEWS RELEASE

OTCGH’S EOXLIVE PLATFORM BROKERS RECORD-SETTING 110,000 NATURAL GAS OPTIONS LOTS IN JANUARY
Volume from leading IBD represents 47.2 percent of total Natural Gas Options market during best-ever month for NFX

HOUSTON – (2 February, 2017) – OTC Global Holdings (OTCGH) announced that in January 2017 its EOXLive platform brokered a record-setting 110,000 Natural Gas Options lots. In addition, the leading independent commodities interdealer broker represented 47.2 percent of Nasdaq’s total Natural Gas Options market volume during its best ever month.

EOXLive, which allows users to trade directly on screen without having to pick up the phone, includes pre-trade markets and last-traded prices for natural gas options and leverages OTCGH’s strong market share to provide unique market intelligence and transparency. Recent updates to the platform also now stream markets from IM blasts automatically, making it easy to manage and execute orders, and provide users instant access via a web-based platform, free embedded option pricing and analytics grids as well as a robust Markets Page.

In addition to natural gas, the EOXLive platform supports trading in the full spectrum of bilateral and exchange-traded commodities, both physical and financial, including power, petrochemical, crude, refined product, metal, agricultural, weather and environmental markets.

For more information or to receive free access to EOXLive, visit http://www.otcgh.com/eox or contact EOXLive via email: operations@eoxlive.com, AIM: eoxops or phone: 877-737- 8511.

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 over 15 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.

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 KICKS OFF 10TH ANNIVERSARY WITH EXPANSION INTO ASIA PACIFIC

                NEWS RELEASE

OTC GLOBAL HOLDINGS KICKS OFF 10TH ANNIVERSARY WITH EXPANSION INTO ASIA PACIFIC

OTC Asia office in Singapore to offer European and Asian crude swaps, distillate swaps and cracks, and physical fuel broking; completes leading independent commodities interdealer broker’s global service model

SINGAPORE – (31 January, 2017) – OTC Global Holdings (OTCGH) today announced the formation of OTC Asia in Singapore. The new office and expansion into the Asia Pacific region marks a significant milestone for the leading independent commodities interdealer broker, which is celebrating its 10th anniversary in 2017, as it completes the company’s global service model. Through OTCGH’s Aalpha Energy desk, which serves every major global crude swaps market via offices in Houston, London, New York and now Singapore, clients can speak with a live broker at any time during the global workday.

OTC Asia will replicate its North American and European offerings by broking European and Asian crude swaps, distillate swaps and cracks, and physical fuel broking. It also plans to leverage the expertise of its Aalpha Energy London counterparts in oil options to best serve clients across the Asian markets. In time, OTC Asia anticipates expanding into U.S. domestic grade crude swaps business by offering those services in Singapore, joining its Houston counterpart.

“OTC Asia is the last piece of the global puzzle for OTC Global Holdings and the perfect example of the type of innovation we envisioned when launching this company in 2007,” said Joe Kelly, President and COO of OTCGH. “Thanks to our agile and innovative business model, which has enabled our success over the last decade while our competitors have been sold, folded or floundered, we have been able to continue growing and expanding in spite of a volatile global economy and continued regulatory changes.”

OTC Asia’s Aalpha Energy team in Singapore will be the market starters, and work closely with OTCGH’s London office to maintain comprehensive coverage for traders across EMEA and APAC while their colleagues in Houston cover the U.S. The office will be led by Aalpha Energy’s Neil Grierson, a crude swaps broker with more than 6 years experience in OTC commodities broking. Prior to joining OTC Asia, Neil worked for Freight Investor Services, ICAP and PVM Oil Associates.

“I jumped at the opportunity to work with the founders of OTCGH and establish the Singapore office as it allowed me to colloborate with talented and experienced people in the world of broking,” added Grierson. “With the recent consolidation in the brokerage space, it is reassuring to work at a firm that has not bowed to purchase offers and instead chooses to continue pushing ahead with its own expansion and development. Although the Singapore oil swaps market is extremely competitive, I expect we will rapidly strengthen our position thanks to our unique competitive advantage.”

To contact OTC Asia call +65 6727 5251 or email Neil Grierson at grierson.n@otc-asia.sg.

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, New York and Singapore.  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 

# # #

Contact:  Brittney Garneau
Pierpont Communications
+1 713 627-2223
bgarneau@piercom.com