Democratising the Oil Markets

World's #1 Liquidity Provider for Oil Derivatives

Onyx Capital Group exists to level the playing field across the oil derivatives space. And as the largest liquidity provider by volume, we are uniquely qualified to deliver on this promise.

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We Continue to Build Upon Our Robust Performance & Track Record

PerformanceYear on year financial & overall growth

Barrels Equivalent Traded Annually

24B

48% vs. last yr

Global Market Share in Oil Swaps

19%

4% vs. last yr

Notional Value Traded Annually

$1.5T

41% vs. last yr

Shareholder Return Since Inception

+3k%

increasing YoY

Compound Annual Growth Rate

45%

increasing YoY

Powering Energy Companies Around the World

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Our Services Empower Energy Traders with Proprietary Data, Expertise & Technology

Discover360 Infrastructure for the Oil Markets

Onyx is the #1 liquidity provider in the oil derivatives space. With a commitment to excellence, Onyx consistently offers robust liquidity solutions across the oil complex, empowering participants in the market to navigate with confidence.

Our cutting-edge technology, coupled with a deep understanding of market dynamics, positions Onyx at the forefront of the oil industry, setting new standards for reliability and efficiency.

We are liquidity as a service. Learn more about our markets:

View Our Markets Liquidity

Introducing Flux, the heartbeat of Onyx's trading infrastructure.

Designed at the forefront of innovation, Flux is a cutting-edge technology platform that revolutionizes market access in the oil sector.

Using the latest technologies, Flux democratises market access for all. It streams live prices out directly from our trading floor, provides low-latency execution capabilities for all oil derivatives, and marries that with Onyx Proprietary Research and Data to give our clients the edge they require.

Request a Flux Trial Flux Platform

We believe in the financialisation of the oil markets. Whilst fundamental data used to drive the oil markets, this is no longer true. Understanding derivative flows, who's behind them, open interest saturation, contract dependencies and positioning is now key to trading these markets successfully.

The Onyx Research and Data team is the engine for analysing our proprietary data. Every day, Onyx traders produce thousands of data points on prices, financial flows and positions.

Our data team specialises in deconstructing this data and visualising it, allowing the rest of our organisation and customers to draw useful insights to support their trading decisions.

Expert researchers pick through this data for hidden insights, available in a range of market reports focused on the financial oil market.

All our insights are available on OnyxHub.

See What We Do Edge

Our mission is to digitise, democratise and scale the oil swaps market.

To do that, we have built a world class in-house Media team to educate, advise and assist everyone to navigate the oil markets.

All of our latest content is available via OnyxHub - an exclusive news site dedicated to the financial oil markets.

Viewers can also gain insights via our YouTube Channel @worldofoilderivatives or any podcast app (Apple, Spotify).

Visit Onyx Hub Media

Onyx Capital Advisory provides a 360 solution for managing oil price risk.

Our brokerage delivers a professional, high value-add service, providing clients with the tools to master the rapidly evolving oil derivatives market.

Our specialists structure bespoke solutions for corporate entities across the oil sector. Whether you are looking to gain greater price transparency, more closely manage your price risk, greatly reduce your costs of hedging or diversify your revenue by offering fixed prices to your clients, we have a solution.

With years of experience in derivative markets and numerous awards, Onyx is driving evolution in opaque markets.

Onyx Advisory Brokerage Advisory

Do you have what it takes?

Long hours. Work that isn’t always fun. Delivering results under pressure. But with lucrative, life enhancing rewards. Does this appeal to you?

If so, we want to speak to you. We want people who are like us, direct, ambitious, and willing to put in the work to achieve elite status. Being "on the ball" isn’t good enough, at Onyx you have to be the ball.

View Vacancies Careers

Risk Management is a key pillar to servicing the industry. Unlike other firms, we want our clients to take risk management as seriously as we do.

That is why we offer our in-house risk solution Eagle to the market, so that they can monitor their risk like the #1 liquidity provider.

Eagle is a precise real-time commodity trading and risk management solution, ensuring that risk managers stay in complete control.

It allows them to navigate market volatility by setting active risk controls, all whilst meeting every regulatory and compliace framework required in oil markets.

With Eagle, clients can expect enhanced operational efficienty and an unparraleled view into their exposure, tick by tick.

More About Eagle Eagle

Onyx Academy delivers training to all staff from new graduates and support teams through to seasoned front office traders. The content includes the fundamentals of the commodity markets, the players and their motives, the mechanics of derivative products and their pricing, hedging & speculation, the market price drivers, technical analysis, risk management, behavioural finance, trader psychology and much more.

For new graduates there is also a focus on ‘being desk ready’, with training on desk pricing sheets, risk management tools, communication systems and daily reports.

The instructor-led facilitation uses interactive case studies, live charts, regular tests and an end-of-course Onyx certified exam. The use of a cutting-edge simulator also allows participants to refine their skills in a competitive, pressurised environment.

More About Onyx Academy Academy

Empowering traders with data, expertise, and tech, advocating transparency.

Our mission is to empower all traders with the insightful proprietary data, expertise and technology they need to scale profitably and consistently.

We passionately believe in greater transparency and open market access for everyone, not a select few. We are committed to democratising and transforming the oil and commodities swaps market.

Our collective future success, will come down to how well we manage and hedge against risk, while navigating the inevitable headwinds of change. From geopolitical to technical, from supply disruption to global demand fluctuations, the Onyx Capital’s performance and track record remains peerless in the oil derivatives space.

Read More About Onyx

Onyx Capital Group Executives

GloballyGlobally recognised executive team

Gren Newman Linkedin
Greg
Newman
Co-founder & CEO

Greg operates as the Group Chief Executive and an Executive Director on the Company’s Board. Greg pulled back from trading as Head of Crude at Onyx in early 2019 to focus on driving the company’s growth and strategic vision full-time. Greg holds a BEng in Biochemical Engineering from University College London.

Podcast
Omar Kayaam Linkedin
Omar
Kayaam
Co-founder & CIO

Omar pulled out of full-time trading in 2022 where he was Head of gasoline, to oversee operations and expansion in our world-leading market-making operation. Omar also operates as Executive Director on the Company's Board. He holds an M.Sc. and a B.A. Hons. in Chemical Engineering from the University of Cambridge.

Podcast
Pete Smith Linkedin
Pete
Smith
Non-executive Director

Pete Smith, with over 15 years at Vitol B.V., is a seasoned trading and derivatives market specialist, with previous roles including his long-standing tenure of over 17 years as Managing Director at Morgan Stanley and as a Trader at Alexanders Rouse. He built his expertise after graduating from Lancaster University.

Linkedin
David Fransen Google
David
Fransen
Non-executive Director

David Fransen, Chairman of Vitol S.A. Geneva, was a Director of multiple Vitol Group firms and Watford AFC. With roles spanning gasoline trading, management, and central information system development, he joined Vitol in 1986 after British Petroleum, holding a B.Sc. in Mathematics from Royal Holloway College.

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Ishaan Hemnani Linkedin
Ishaan
Hemnani
Group CCO

Ishaan, our Group Chief Commercial Officer, previously founded BunkerEx, a pioneering platform democratising marine fuels industry data. Acquired in 2021, BunkerEx gained industry-wide adoption under his leadership. With an oil trading background with companies such as at Glencore and Noble Group.

Podcast
Andrew Chen Linkedin
Andrew
Chen
Group CFO

Andrew, our Chief Financial Officer, a Chartered Accountant with over 25 years’ experience in execution and advisory across private equity, equity & debt capital markets and mergers & acquisitions through in-house corporate investment banking, has held significant roles, including Group Deputy CFO at TP ICAP.

Podcast
John Beckwith Linkedin
John
Beckwith
Group CPO

John, our Chief People Officer a Chartered Fellow of the CIPD, CMI brings extensive HR skills having worked at executive level for world-class trading and broking global organisations. His experience in high change environments is notable, which includes multiple mergers and acquisitions, IPO processes and demergers.

Podcast

Join Onyx Elite do you think you have what it takes?

Become part of the prestigious Onyx Elite program by joining one of the world's top trading companies

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Disclaimer Notice: Unauthorised Firms

The Financial Conduct Authority has released warnings that the following unauthorised firms “Onyx Traders” and "Onyx Trade Group" may be targeting people in the UK. The Onyx Capital Group, and its subsidiaries (collectively "Onyx"), do not have any association with these firms. Onyx Commodities Limited (FRN: 778117) and Onyx Capital Advisory Limited (FRN: 822509) are both authorised by the Financial Conduct Authority.