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, Des Moines, Geneva, Houston, London, Louisville, New Jersey and New York. 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.