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Heather Balfour Ortega and Ami Katschinski witnessed the same fundamental problems again and again: fragmented data, outdated pricing and unseen liquidity.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.