OTCGH’S EOXLIVE PLATFORM BROKERS RECORD-SETTING 249,490 NATURAL GAS OPTIONS SIDES IN JUNE, CONTINUES TO GROW CLIENT BASE
Volume nearly doubles previous record, represents 46 percent of leading IDB’s total NFX Natural Gas Options transactions during June 2017
HOUSTON (July 11, 2017) – OTC Global Holdings (OTCGH) announced that in June 2017 its EOXLive platform brokered a record-setting 249,490 Natural Gas Options sides, eclipsing the previous record (from May 2017) by nearly 95 percent. In addition, the leading independent commodities interdealer broker on-boarded additional users on the platform and transacted 46 percent of its total 262,000 NFX Natural Gas Options market lots on EOXLive.
“Activity continues to scale on our EOX platform with more clients engaging and trades occurring in June than ever before thanks to the support of OTCGH’s brokers,” said Javier Loya, Chairman and Co-CEO of OTCGH.
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.
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.