GEM was founded in January 2008 by Mark Vonderheide, the former Global Head of Oil Trading at Deutsche Bank, and Geneva Trading, a proprietary trading company based in Chicago. Their vision was to combine teamwork and nimble technology to compete with the long established banks and trading firms that had dominated the industry.
Fostered by an intense entrepreneurial environment, GEM has grown rapidly in team and technology to achieve a greater market presence each year. Today, with offices in New York and Dublin, GEM is one of the most active oil traders in the world.