Onyx Capital Group
EMPOWERING EVERYBODY
TO TRADE ENERGY.
Onyx Capital Group is the world's #1 liquidity provider for energy derivatives.
We leverage our position to provide market access for institutions, traders, and individual consumers. We're a market maker, and we're making the market open to everyone.
Onyx Commodities
Our commodities business offers liquidity-as-a-service, empowering professional traders and institutional clients with cutting-edge technology, expert market guidance, and transparent pricing.Specializing in a diverse range of markets including crude oil, light ends, distillates, fuel oil, NGLs, metals, and power & gas, Onyx offers unparalleled reliability and efficiency. Our comprehensive liquidity is accessible through markest-access solutions on Flux, or through our direct trading team. With a deep understanding of market dynamics, Onyx is setting new standards for transparency and precision in the energy sector.
Visit Onyx CommoditiesFlux - your energy market gateway
Transparency. Access. Education.Flux is all about giving you access to the most important market on earth. It provides:
- Live market liquidity and data from Onyx Commodities and Axis trading floors - giving unmatched market visibility and trading depth
- Market access solutions for everyone, from the individual level to mid-sized companies, all the way up to the largest institutions in the world.
- Targeted education, from online classroom and webinars, to one-on-one courses and bespoke company solutions. All to empower you to trade the energy market
- A state of the art platform, Flux Terminal, which houses all liquidity and data, and also supported by energy-specific news, media and dynamic reports
Axis
Founded in 2024 as an independent trading firm under the Onyx Capital Group.In 2024, Onyx Capital Group launched a dedicated competitive arm, based in Dubai, designed to make liquidity dominance unmatched across global markets. This new division combines elite trading talent - many of whom were strategically hired from competitors - with cutting-edge technology and deep capital strength. The result is a powerhouse that redefines execution speed, depth, and resilience, setting a new industry standard for market-making excellence.
The results speak for themselves: our combined market share in critical oil benchmarks like Dated Brent is now up to 80%, solidifying Onyx Capital Group as key market infrastructure.
Visit AxisWe Continue to Build Upon Our Robust Performance & Track Record
Year on year financial & overall growth
Trading Volumes Growth
29%
4 Year CAGRNotional Value Traded Annually
$3.2T
35.6B barrels / 12.4% increase YOYGlobal Media Reach
2.5M+
Views of Flux MediaFounding Investor Return
+3k%
since inceptionAnnual Group Revenue
£200M
Annualised 2025Market Share
22%
in S2F contracts2024 Year End Results Released Read more
Powering Energy Companies Around the World
Onyx Capital Group Executives
Globally recognised executive team
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.
Find out more on the podcast episode 'The Democratisation of Oil Trading with Greg Newman'
Podcast
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.
Find out more on the podcast episode 'How We Made an Elite Trading Business'
Podcast