Oxitera SA: Hallouche's New Trading Firm Takes Aim at Energy Markets
Hadi Hallouche, former co-head of oil at Trafigura, has launched Oxitera SA, a new trading firm that will operate in Geneva and Houston. Hallouche will serve as chief executive.
Oxitera plans to trade oil, liquefied natural gas, and power. The firm's early hires include several ex-Trafigura leaders, including CFO Nicolas Marsac and North America head Conor McFadden.
According to Hallouche, 'The commodities landscape is undergoing a tectonic shift. The strategic nature of commodities has never been clearer; and technology has never been more transformational.'