OTC GLOBAL HOLDINGS’ CHOICE! POWER BROKERS FIRST POWER OPTIONS TRADE ON NASDAQ FUTURES EXCHANGE
HOUSTON (May 20, 2016) – Choice! Power, a portfolio company of leading independent interdealer broker OTC Global Holdings (OTCGH), today announced that it brokered the first power options trade on the Nasdaq Futures Exchange (NFX) on Wednesday, May 18.
This first follows OTCGH brokering the NFX’s very first options trade, a natural gas options transaction, as well as the platform’s first crude options trade shortly after the exchange’s launch in 2015.
In addition to brokering services, OTCGH has integrated its EOXLive platform on NFX.
For more information about OTCGH, Choice! Power and EOXLive, visit www.otcgh.com.
For more information about NFX visit http://business.nasdaq.com/nasdaq-futures/nfx-market.
About Choice! Power
Founded in 2011, Choice! Power is a portfolio company of OTC Global Holdings and a brokering group of EOX Holdings that is a leading broker of electricity futures and options in the U.S. with offices in Houston, New York and Louisville.
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. To learn more about the company, please visit www.otcgh.com or go to https://player.vimeo.com/video/146686709.
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Contact: Brittney Garneau