OTCGH launches new brokerage

OTC Global Holdings (OTCGH), an independent over-the-counter interdealer broker, has expanded its offering to natural gas liquids (NGL) with the formation of Ion Energy Group.

Based in New York City, Ion marks OTCGH's entry into the US NGL market and substantially increases its market share in the US product options business says OTCGH. Ion will also broker natural gas and crude oil options.

The Ion team will be led by principals Sid Perkins and Eric Foster, along with a team of six brokers

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