OTC Global Holdings' new crude options brokerage

New York-based interdealer broker OTC Global Holdings (OTCGH) has launched a new crude options brokerage called Riviera Commodities.

Riviera Commodities will be OTCGH's twelfth portfolio company and will be staffed by six brokers, previously with MF Global, and headed up by Elisa Moriconi. The team will work in both OTC- and Nymex-listed crude options.