BGC agrees to buy energy and commodities broker OTC Global

22nd October, 2024

Gregory Rosenvinge
Howard Lutnick

BGC Group has agreed to acquire institutional energy and commodities brokerage firm OTC Global Holdings for an undisclosed amount, as the US group looks to expand and diversify its global energy, commodities and shipping (ECS) business.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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