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LONDON – (May 27, 2014) – OTC Europe LLP today announced the addition of Manuel “Manny” Ruiz as head of the European crude and products option desk within its ION Energy division.
Ruiz, who previously worked with Ion Energy Group (an affiliate of OTC Europe) in New York, will manage the growing brokerage’s offerings and presence within the European market. He also hopes to strengthen its commitment to providing a global, seamless solution to clients’ energy derivative needs.
“Manny made a huge impact on ION Energy Group’s crude and product options desk while based in New York. When the time came to expand OTC Europe’s operations into those markets, he was the natural choice to lead the team,” said Joe Kelly, president and chief operating officer of OTC Global Holdings.
OTC Europe’s ION Energy division in London has dealt in LPG and naphtha since 2010.
“I’ve been able to work with clients in London and New York throughout my career and have established many great relationships. I’m excited to further expand OTC Europe’s presence in the crude and product options markets and lead the effort to build a team here,” said Ruiz. “The European market is ripe with opportunity, and I’m looking forward to the challenges and opportunities that lie ahead.”
OTC Europe’s office is located at 17 Moorgate, 4th floor, London, United Kingdom, EC2R 6AR. For more information about OTC Europe or its divisions, visit www.otcgh.com or call +44 (0) 20 7726 8601.
About OTC Global Holdings LP
Formed in 2007, OTC Global Holdings is headquartered in Houston and New York, with additional offices in Chicago, Jersey City, London and Louisville. It is a leading independent interdealer broker in over-the-counter commodities and the largest liquidity provider to CME ClearPort and ICE Clear U.S. Through its subsidiaries the company holds a dominant market share in the U.S. and Canadian natural gas markets, the U.S. power markets, crude oil and crude oil options, crude oil products and crude oil product options, agricultural and soft commodities, as well as structured weather and emission derivatives. The company serves more than 250 institutional clients, including 45 members of the Fortune 500, and transacts at over 150 different commodity delivery points. To learn more about the company, please visit www.otcgh.com or go to http://bit.ly/OTCYouTube.