Reuters: Poten Ventures into OTC Oil Derivatives

“The New York-based firm started broking products such as crude oil, distillates and gasoline in March with a team of seven brokers in New York and expects to start hiring in London, Houston and Singapore soon . . . .  Poten will later expand into more “niche” products like carbon credits and forward freight agreements.  It will also become active in exchange-traded futures and options. While the company is already an established broker in some physical oil and gas markets such as LPG and LNG, this is its first venture into the OTC derivatives realm.”