O&G Advisory Board Member
Chairman COMEX Governors Committee
Principal, GLT Direct DMCC
William Purpura is currently serving his fourth term as Chairman of the COMEX Governors and is a Principal at GLT Direct DMCC.
In 1987 he co-founded Great Lakes Metals which became one of the largest brokers and trading firms on COMEX. Clients included major bullion banks, fund managers and large professional traders. He also served as a Senior Vice President of NYMEX and advisor to the Dubai Mercantile Exchange (DME).
Mr. Purpura founded Northport Commodities in 2011 with offices in New York, Singapore and Shanghai trading metals and energy markets. He sold Northport in 2017 to focus on the physical commodity markets. Northport’s Shanghai company was the first foreign-owned firm permitted to trade precious metals on Chinese Exchanges. Northport Commodities was one of the largest traders and market makers on COMEX, SGE, ICE and NYMEX.
He has served as an advisor to various exchanges in the US, China and Singapore along with major banks and brokerages in China and Hong Kong. This included an appointment as an international advisor to the Shanghai Gold Exchange. He has conducted numerous seminars in Asia and lectured at major universities in the region. He is a member the Board of Advisors to the Faculty of Business at the University of Macau as well as the Advisory Board of Asia Pacific Academy of Economics and Management. (APAEM).
Mr. Purpura is active in the precious metals and energy markets through his firm GLT DIRECT DMCC and is one of the founders of Dillon Gage Asia, a distributor for major sovereign mints around the world