Liquidity is the lifeblood of all OTC oil markets. But oil traders and brokers have long been hampered by unseen liquidity – until now.
Be it brokers’ squawks, chat blasts or internal data feeds, all sources of live pricing flow into the Sphere Liquidity Lake: a single data pool of all actionable liquidity.
By aggregating live tradable liquidity into a single screen where it can be seen and traded by everyone, Sphere gives traders and brokers a complete picture of the market, helping them make better-informed trading decisions and capitalize on market opportunities.
From LPG to North American Crude, Sphere is bringing transparency to OTC energy markets. We aim to empower oil traders and brokers by enabling them to track live market activity, check the latest prices and execute trades all from one screen – no matter their market or location.
With a combined 20 years working in over-the-counter (OTC) energy markets, Sphere co-founders Heather Balfour Ortega and Ami Katschinski witnessed the same fundamental problems again and again: fragmented data, outdated pricing and unseen liquidity. Without a complete picture of the market, oil traders and brokers were missing out on opportunities and making mistakes.
In 2019, Heather and Ami launched Sphere as the antidote: an all-in-one trading platform, which aggregates live prices from voice and chat with on-screen trading. Now used by over 40 global firms, including trading houses, oil majors, brokers and price reporting agencies, Sphere has expanded its unique offering from LPG to North American Crude with other energy markets in the pipeline.