NEWS RELEASE

OTC GLOBAL HOLDINGS ACHIEVES LANDMARK YEAR IN 2015

Leading independent commodities IDB launches first of its kind on-screen trading tool for U.S. energy markets while continuing to add new talent

HOUSTON (January 11, 2016) - OTC Global Holdings (OTCGH), the leading independent commodities interdealer broker, celebrated a landmark year in 2015 in the face of continued industry upheaval and a highly fractured market.

As always, OTCGH's success was driven by two primary factors: its people and technology. Continued investments in both yielded significant results for the company's clients around the globe.

Over the course of the year OTCGH rolled out EOXLive active markets, its proprietary commodities trading platform that provides traders and risk managers with unique information and liquidity previously unavailable on any screen.

Shortly after its launch in February, the company expanded the functionality of the platform to allow users to trade directly on the platform's screen without having to pick up the phone. This new offering complemented the interaction with EOX voice brokers, allowing users to negotiate, execute and confirm block trades directly via EOXLive. This multi-faceted approach to trading also provided instant access to real-time data and pricing, allowing individual buyers and sellers to execute trades at the best possible price. Further, trades made on-screen generated an electronic ticket for buyers and sellers to minimize the chance of an error or misunderstanding.

In May, OTCGH announced the formation of its Elite Metals Desk, which is based out of New York and part of its subsidiary company Elite Brokers. The addition of this desk gave the company, once known as an energy-centric brokerage, coverage of the entire spectrum of commodities, including biofuels, emission derivatives, commodity index products, crude oil, metals, natural gas, natural gas liquids, metals, petrochemicals and refined products, power, proppants, soft and agricultural commodities, and weather derivatives.

2015 also saw continued rapid growth for OTCGH's unique Aalpha Energy team based in the company's OTC Europe office in London. Operating in both the U.K. and U.S. so that it can see the entire crude market at once to provide a distinct competitive advantage in terms of information flow for clients, Aalpha established a new desk operating in the brent crude derivatives market and added a dated crude oil desk in London. In addition, it launched a physical fuel oil desk in Houston and expanded its crude options desk to OTCGH's New York office.

Other highlights for the company during the year included:

  • OTCGH portfolio company Ion Energy Group brokering the first options contract on the Nasdaq Futures Exchange (NFX) in July;
  • OTCGH portfolio company Power Merchants Group brokering the first crude options trade on the NFX;
  • OTCGH providing a real-time volatility surface for the natural gas options market via the Bloomberg Professional service in September; and
  • The establishment of an OTC Europe satellite office in Geneva.

OTCGH will continue its aggressive growth in 2016. The company plans to announce the addition of a physical gas oil desk to its OTC Europe office and the establishment of a new office in one of the world's major trading centers in the early part of the New Year.

'Despite continued market and regulatory challenges we never wavered from our focus on growing our people and technology resources in 2015, and this resulted in improved margins and continued revenue growth,' said Javier Loya, OTCGH's chairman and chief executive officer. 'While we'll continue to invest in both these important assets in 2016 as we have always done, we're also excited to begin exploring opportunities in new markets. As the last remaining major independent commodities broker, we have the opportunity to leverage our unique business model for the benefit of our clients like never before.'

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 and New York. The company is a leading liquidity provider on CBOT, ICE and NYMEX, 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://youtu.be/5h6AlVHsyRM.

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

OTC Global Holdings LP issued this content on 2016-01-11 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-11 14:53:05 UTC

Original Document: http://www.otcgh.com/news/otc-global-holdings-achieves-landmark-year-in-2015