BY ENERGY RISK MAGAZINE FOR FOURTH TIME IN NINE YEARS
HOUSTON –(May 15, 2019) – OTC Global Holdings (OTCGH), the world’s largest independent commodity interdealer broker, has been named 2019 “Broker of the Year” by Energy Risk, an internationally recognized publication in the global trade and risk management industry. The honor was announced at the Energy Risk awards gala in Houston on May 14 and this is the fourth time in nine years the firm has received the recognition.
“We are honored to receive this prestigious award once again, as it underscores the tremendous success OTCGH has enjoyed on behalf of our clients during the last year,” said Javier Loya, Chairman and Co-CEO of OTCGH. “While we are the largest independent commodities IDB in the world, we also operate in a rapidly transforming industry and know that recognitions like this would not be possible without the trust of our many clients or the hard work of our brokers across the globe.”
OTCGH earned this year’s recognition as a result of another year of outstanding performance and accomplishments, which included the one million transactions on its proprietary EOXLive platform; the launch of new data products such as a Coal Forward Curves and Freight Forward Curves; and the integration of real-time analytics into the EOXLive platform to facilitate transactions, provide more market intelligence tools, and make trading more efficient for users.
The award is a significant achievement for OTCGH and is reflective of the company’s continuing growth and success since its establishment in 2007.
“We have continued to grow our market share and stake in the industry year over year, and last year we were able to cement our global business model following the late 2017 acquisition of Oil Brokerage Limited,” added President and Co-CEO Joe Kelly. “While this honor is reflective of our many significant achievements over the past year, I also believe it’s indicative of the great things still ahead of us as a company.”
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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