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OTC Global Holdings forms new portfolio company

OTC Global Holdings (OTCGH) has formed its ninth portfolio company Pinnacle Derivatives, which will offer a complete range of traded instruments for financial institutions, producers and end users.

According to OTCGH, Pinnacle Derivatives will boost its geographical presence in the Northeast, as well as building on the company's core brokering activities in the energy markets. It will add six brokers to OTCGH's 97-strong team, which currently specializes in agricultural and energy products. The brokerage also has plans to move into emissions in the near future.

"Utilizing OTCGH's synergies

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