THE TIME HAS COME FOR SOMETHING NEW.

Electronic trading had become key to accessing the global marketplace, but existing technologies struggled to meet the needs of the modern oil industry. Traders were looking for easier and faster ways to manage risk. Technology was lagging. Market access was limited. Liquidity was fragmented. Traders were frustrated.

So we asked the question:

  • How can we provide a better solution — one that can be agile enough to meet today's and tomorrow's challenges?

And we went to work to create the world's first truly open marketplace.

NEO Markets™ was formed in 2012 to provide oil traders, hedgers, producers, refineries and investors with comprehensive access to the global physical and financial marketplace. By acquiring the best assets of HoustonStreet Exchange Inc. and pairing them with newly developed technology, NEO Markets is deploying a state-of-the-art platform that eliminates trading friction by providing open access to all of the world's oil markets. Over the past three years we've worked to create a new marketplace experience offering unprecedented trading speeds, enhanced operational efficiency, comprehensive liquidity and tighter bid ask spreads. It's an entirely new approach that allows access to all oil products in any location on a single screen.

Through our unique integration of bilateral and cleared markets, we present tighter bid-ask spreads in the physical crude oil grades and offer substantially reduced total transaction costs than what is currently available in the OTC markets. Additionally, traders will be able to seamlessly manage their price exposure through sophisticated NEO Markets execution features for futures, options and swaps trading on CME.

Open access and boundless opportunity are now at your fingertips.

DELIVER EXTREME VALUE

NEO Markets is focused on delivering our customers extreme value at a ridiculously low "cost" and we recognize that "value" can take many forms.

BE TRANSPARENT

NEO Markets is committed to transparent communications with all of our stakeholders, and providing open visibility to our technology and the data we generate.

BE INNOVATIVE

NEO Markets does not accept the status quo. Delivering value to our stakeholders means constantly striving to improve the system and change our world for the better.

BE BOLD

NEO Markets will not settle for the safest path. We will take chances and try new things in order to create opportunities for our customers.

BE OPEN

NEO Markets will break down the historic barriers to trading and provide an efficient and fair playing field where all are welcome.

SO WHAT ARE WE GOING TO DO ABOUT IT?

NEO Markets believes in our people and their ability to solve problems, meet challenges head on and cross the finish line as a winner. We are happy to own any problem until it is solved. Nothing stops us from providing solutions for a better marketplace.