LONDON (1 July 2019) – OTC Global Holdings (OTCGH), leading independent interdealer broker in over-the-counter commodities, today announced the addition of Daniel Porton as Market Data Business Development Manager and Head of Sales for Europe and Asia. Porton has over 12 years of experience in multi-asset sales and relationship management working in financial markets and will be based out of London.
“Thanks to its forward-thinking nature and rapid expansion OTC Global Holding has garnered quite the reputation in recent years, and I am delighted to join a company where I will have the opportunity to play a part in its next chapter of growth,” said Porton. “While OTCGH has been providing data in the US for several years, because many of the firm’s nearly 20 independent brokerages also now operate worldwide, we can now provide this unparalleled market data offering to our clients in Europe and Asia.”
In his new role Porton will lead the expansion of OTCGH Market Data, which is well-established in the U.S. market, into Europe and Asia. OTCGH Market Data products draw from the deep liquidity of the firm’s breadth of brokerages, including OTC Europe’s brokering groups Oil Brokerage, Aalpha Energy, Ion Energy UK, Choice! UK and P&P Oil. The products leverage the company’s well-known EOXLive broking/trading platform, which combines the convenience of electronic trading with voice broking’s unique ability to provide market color, and create bespoke transactions in markets such as refined products and naphtha.
EOXLive is continuously expanding its suite of data resources from OTCGH, which includes Freight Forward Curves, end-of-day forward curve reports for natural gas basis and power forward contracts each with 120 months of monthly granularity from across hundreds of locations, Natural Gas Implied Volatilities product covering basis options markets data, Power Implied Volatilities covering North American electricity options, Natural Gas Liquids Forward Curves, Power/Natural Gas Forward Correlations, Crude Oil Forward Curves, Coal Forward Curves and refined products forward curves.
The addition of Porton to the OTCGH Market Data team comes on the heels of the company being named 2019 “Broker of the Year” by Energy Risk, an internationally recognized publication in the global trade and risk management industry. This is the fourth time in nine years OTCGH has received the recognition, which is a reflection of the company’s growth and success since its establishment in 2007.
Prior to joining OTCGH, Porton was the Institutional Sales Manager for a prominent fintech company. He also held several senior roles during his 10 years at a global leader in derivatives trading based in the UK. There he provided trading in financial derivatives such as contracts for difference, financial spread betting and stockbroking and worked on the execution sales trading desk where the team on-boarded and serviced some of the company’s largest high-net-worth and institutional clients.
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.
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