THROUGH ITS PROPRIETARY EOXLIVE DATA AND TRADING PLATFORM, AND OTCLOGISTICIS’ GLOBAL SHIPPING CAPABILITIES, OTC GLOBAL HOLDINGS IS THE ONLY BROKERAGE OFFERING END-TO-END EXECUTION.

HOUSTON and NEW YORK and LONDON, May 1, 2024 /PRNewswire/ — OTC Global Holdings (OTCGH), the world’s largest energy-focused commodity inter-dealer broker, announces its comprehensive offerings designed to provide traders with forward price visibility across various crude and refined product benchmarks.

Traders in over-the-counter (OTC) markets often face challenges due to the lack of a centralized platform to view forward price curves. OTC Global Holdings addresses this issue by offering advanced market intelligence through its proprietary EOXLive platform. This hybrid voice-electronic broking system streamlines execution, reporting, and trade processing, making it easier for brokers and clients to navigate the complexities of crude and refined product trading.

“EOXLive, OTC Global Holdings’ proprietary technology platform comprises multiple components. Not only is it a Broker Execution Platform, but also an innovative Market Data Platform,” said Campbell Faulkner, Senior VP and Lead Analyst at OTCGH. “Unlike other interdealer brokers, EOX looks, acts, and models data like a price reporting agency. That means not only are you guaranteed consistent, reliable data, but also that our brokers have a faster responsiveness, better actionability on matching trades for large and small customers and being able to go back, replay, understand and help those customers execute well in the market,” he added.

OTCGH’s global network spans North America, Europe, and Asia, facilitating end-to-end execution in pipeline, waterborne, synthetic crude, and CFD/DFL swaps. The company provides refined products forwards at 270 locations and products grades, covering key delivery points such as New York, Gulf Coast, Midwest, West Coast, Rotterdam, Northwest Europe, Japan, Singapore, and the United Kingdom.

With nearly 20 brokerages worldwide, OTCGH offers unparalleled liquidity and a wide array of execution services. The EOXLive platform provides market participants with unique access to commodities markets, advanced pricing tools, and analytics that offer insights into market conditions.

Joe Kelly, President and Co-CEO of OTC Global Holdings said, “OTCGH’s focus on brokering commodities ensures clients receive end-to-end support in trading without assuming any risk. The company’s capabilities extend across all aspects of a trade, including data, execution, freight, and shipping. OTCGH’s dedication to providing a seamless trading experience makes it the only end-to-end commodity brokerage in the world.”

More than 500 institutional clients benefit from OTCGH’s services, transacting in hundreds of crude and refined product delivery points across Asia, Europe, and the Americas.

For more information on how OTC Global Holdings can support your crude and refined product trading needs, please visit www.otcgh.com.

About OTC Global Holdings

OTCGH is the world’s largest independent institutional broker of commodities, covering financial and physical instruments from offices in Chicago, Dubai, Houston, London, Louisville, New Jersey, New York, and Singapore. OTCGH has been awarded 5x “Broker of the Year” by Energy Risk. With a portfolio of nearly 20 companies, OTCGH is a liquidity provider for CBOT, ICE, NYMEX, and NODAL. 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.

Visit otcgh.com to learn more or watch a short video here: https://vimeo.com/718433168

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ZHUHAI, China, May 1, 2024 /PRNewswire/ — This April, the world once again gathers attention in South China’s Hengqin.

The Guangdong-Macao In-Depth Cooperation Zone in Hengqin (“the Cooperation Zone”) debuted its annual thematic image by advertising in airports of six Chinese cities, namely Beijing, Shanghai, Guangzhou, Shenzhen, Macao and Zhuhai, and in the entry and exit halls of the Hengqin Port and the Hong Kong-Zhuhai-Macau Bridge Zhuhai Port, marking the official launch of the global investment promotion campaign.

This year marks the 75^th anniversary of the founding of the People’s Republic of China, the 25^th anniversary of Macao’s return to the motherland and the 3^rd anniversary of the establishment of the Cooperation Zone. It is also an essential year for evaluating the development achievements of the first phase set forth in the Master Plan of the Development of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin. In this great year celebrating the three anniversaries and the first phase with fruitful achievements, the Cooperation Zone focuses on supporting Macao’s appropriate economic diversification while seizing the development opportunities of the times to vividly showcase the image of the Macao-Hengqin integration at home and abroad and strengthen Hengqin’s global investment promotion, which will further enhance its international influence and visibility and enable more investors to learn about Hengqin.

Macao and Hengqin will take you further to the world

“Macao and Hengqin will take you further” is the annual motto of the newly released promotion image designed for Hengqin’s global investment promotion campaign in 2024. The concept of this image originates from the development landscape of the “Hengqin-Macao Integration”. The four-coloured ribbons symbolise the flourishing development of four nascent industries in Hengqin, which aligns with Macao’s “1+4” appropriate diversification development strategy. The global investment promotion campaign vividly presents to domestic and international investors its growth momentum under the “Hengqin-Macao integration”, as well as its economic vitality, driving force for innovation, charm, and investment potential.

This new promotion image was already unveiled at the end of April in the airports of Beijing, Shanghai, Guangzhou, Shenzhen, Macao, and Zhuhai, the entry and exit halls of the Hengqin Port and the Hong Kong-Zhuhai-Macau Bridge Zhuhai Port, which are major integrated transport hubs connecting China and the world and gathering people from both home and abroad. It is presented through multimedia, including light boxes, LED, and scene interaction, so that visitors from all over the world can experience Hengqin’s development and vitality and leave a deep impression on Hengqin.

It is worth mentioning that a thematic display, a check-in area and a creative interaction area are set up for visitors at the exit of the arrival hall of the Zhuhai Jinwan Airport. Visitors arriving there can see the thematic image and a colourful plane installation on the runway in four colours, representing Hengqin as a place that turns dreams into reality. Visitors can take pictures there. In addition, they can go to the creative interaction area and press the button to support Hengqin’s development. The amount of pressing the button to support Hengqin will be constantly updated at the installation on the wall, recording the blessings from all visitors.

Ambassadors for Hengqin introduce Hengqin and help grasp new industrial opportunities

To better present Hengqin’s business-friendly environment that is in line with Macao and the world and attract high-quality enterprises to invest in and develop in the Cooperation Zone, the Cooperation Zone will initiate a video interview series “Ambassadors for Hengqin” this year, inviting experts, scholars, and representatives of entrepreneurs from the sci-tech R&D industry, big health industry, culture, tourism, MICE and modern finance to introduce new opportunities and advantages of the integrated development of Macao and Hengqin to the global audience.

Macao and Hengqin “go overseas” again to expand overseas resources for common development

In 2024, the Cooperation Zone will continue to strengthen cooperation with Macao by jointly organising more overseas promotion events to explore international resources, open up international markets, and promote the business environment of Macao and Hengqin, industrial development, and preferential policies.

All-round and in-depth collaboration to attract the best and the strongest in investment promotion

In 2024, Macao and Hengqin will put forward various measures to attract the best and the strongest in their investment promotion. The 2024 Hengqin Global Investment Promotion Conference will be held from 26 to 27 May, with a primary focus on highlighting the new opportunities brought by tier-specific management enacted by the Cooperation Zone. Over a thousand domestic and global investors will be invited to participate in the Conference and make a site visit to Hengqin. Meanwhile, a series of parallel forums focusing on major industries will be held to display the Cooperation Zone’s key achievements in a precise manner, constructing an open exchange platform for global investors.

The Cooperation Zone will continue its “exhibition plus investment attraction” model. It will set up an exhibition area at the Macao International Trade and Investment Fair (MIF) to present Hengqin’s latest industrial development achievements to reinforce the promotion and dissemination of Hengqin’s city image, so as to enhance its popularity in the international arena, help attract investments and increase effectiveness of the investment promotion results.

By employing the integrated efforts, the Cooperation Zone welcomes global entrepreneurs and investors for visits to and communication with Hengqin. Let Macao and Hengqin take you further, illuminating your path to a brighter future.

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COPENHAGEN, Denmark, May 1, 2024 /PRNewswire/ — With Denmark as the centre of gravity, the ambition is to invest in, support and advance some of the world’s most promising quantum technology companies with applications in the life sciences.

The quantum industry, which develops novel technologies such as quantum computers or quantum sensing based on quantum physics, holds the potential to dramatically impact a number of industries, and in particular the life sciences. Quantum technologies are currently on a steep development trajectory, especially in the Nordics.

With the current momentum in Denmark, there is potential to establish a global innovation hub for quantum technology. To achieve this, a vibrant seed and venture capital investment ecosystem is essential – and that is exactly what Novo Holdings aims to accomplish.

Søren Møller, Managing Partner, Seed Investments, Novo Holdings, said:

“Quantum technology is a disruptive and transformative field that can revolutionise various sectors and address global challenges. Combining Novo Holdings’ longstanding experience in developing the life sciences ecosystem in the Nordics with the quantum activities and commitment from the Novo Nordisk Foundation provides a very powerful platform for building quantum startups. Our ultimate goal is to create, grow and develop strong quantum technology companies in the Nordics.”

Organisationally, Quantum Investments will be anchored with Seed Investments, where a new dedicated sub-team will be established.

The Quantum Investments team will focus on quantum computing, sensing, and algorithms – all areas that have relevant applications within healthcare, and a significant applicability within the broader life sciences sector. Geographically, Denmark has been identified as a promising quantum technology hub, building on a strong momentum and a heritage dating back to Niels Bohr. However, the investment mandate is global, so although Denmark will be the centre of gravity, Novo Holdings will potentially also invest beyond the Nordics.

The power of partnerships

Establishing a quantum technology hub in Denmark aligns with a number of recent initiatives by the Novo Nordisk Foundation, most notably the establishment of the Novo Nordisk Foundation Quantum Computing Programme (NQCP) that aims to establish one of the world’s first fully functional and generally applicable quantum computers and The Quantum Foundry, a limited liability company fully owned by the Novo Nordisk Foundation with the purpose of developing quantum materials and quantum chips as well as the associated fabrication tools.

Lene Oddershede, Senior Vice President, Natural & Technical Sciences, Novo Nordisk Foundation, said:

“There is a substantial demand for investments in the quantum space to harvest the potential of the emerging quantum technologies. A strong quantum ecosystem based on knowledge, networks comprised by all relevant partners, and with sufficient capital is instrumental to guarantee the further development and commercialisation of quantum research enabled by the Novo Nordisk Foundation, the Danish state, and the BioInnovation Institute’s (BII) Deep Tech Lab – Quantum. We foresee significant developments in this area, both imminently and over a longer horizon. Success, however, hinges on our ability to fully leverage the potential of the quantum technologies by realising the full value chain and establishing robust partnerships.”

The potential to develop and form new partnerships is part of the rationale for choosing Denmark as the anchor point for a quantum technology hub,given the country’s track record of successful public-private partnerships.

The Danish government has committed DKK 1.2 bn (€160 million) to quantum technology research. This, combined with the grants from the Novo Nordisk Foundation and other contributors, make Denmark’s per capita investments in quantum technology the highest in the world today.

Deep Tech Lab – Quantum  is likely to become another key partner. Operated by BioInnovation Institute (BII), it is Denmark’s official NATO DIANA accelerator site. Together with the Niels Bohr Institute at the University of Copenhagen, the Technical University of Denmark, Aarhus University, and the Danish National Metrology Institute, the purpose is to leverage Denmark’s world-leading research in quantum technology.

About Novo Holdings A/S

Novo Holdings is a holding and investment company that is responsible for managing the assets and the wealth of the Novo Nordisk Foundation. The purpose of Novo Holdings is to improve people’s health and the sustainability of society and the planet by generating attractive long-term returns on the assets of the Novo Nordisk Foundation. Wholly owned by the Novo Nordisk Foundation, Novo Holdings is the controlling shareholder of Novo Nordisk A/S and Novonesis A/S (Novozymes A/S) and manages an investment portfolio with a long-term return perspective. In addition to managing a broad portfolio of equities, bonds, real estate, infrastructure and private equity assets, Novo Holdings is a world-leading life sciences investor. Through its Seeds, Venture, Growth, Asia, Bioindustrial and Principal Investments teams, Novo Holdings invests in life science companies at all stages of development.  As of year-end 2023, Novo Holdings had total assets of EUR 149 billion. www.novoholdings.dk 

About the Novo Nordisk Foundation

Established in Denmark in 1924, the Novo Nordisk Foundation is an enterprise foundation with philanthropic objectives. The vision of the Foundation is to improve people’s health and the sustainability of society and the planet. The Foundation’s mission is to progress research and innovation in the prevention and treatment of cardiometabolic and infectious diseases as well as to advance knowledge and solutions to support a green transformation of society.

www.novonordiskfonden.dk/en 

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