Onyx Commodities is the global leader in oil derivatives trading, delivering unrivalled liquidity and precision execution across the barrel. As the trading arm of Onyx Capital Group, we operate at the heart of the energy markets — bridging physical and financial flows with scale, insight, and innovation.
In 2024 alone, Onyx Commodities traded over $3.2 trillion in oil swaps, representing 35.6 billion barrels of notional volume, reaffirming our position as the world’s leading market maker in oil derivatives.
We provide deep, reliable liquidity and 24-hour market coverage across crude, distillates, gasoline, and fuel oil — and we’re expanding into even more energy markets. Powered by proprietary technology, our traders deliver consistent, transparent, and efficient execution.
Trading Volumes Growth
29%
4 Year CAGRAnnual Group Revenue
£200M
Annualised 2025Market Share
22%
in S2F contracts2024 Year End Results Released Read more
Join Onyx Commodities
Delivering results under pressure. Long hours. But with lucrative, life-enhancing rewards and outstanding development opportunities. Does this appeal to you? If so, we want to speak to you. We want people who are direct, ambitious, and willing to put in the work to achieve. Being "on the ball" isn’t good enough – at Onyx, you have to be the ball.
The Benefits of Working for Onyx
From your first day, you’ll work closely with some of the best traders in the world. You can achieve in 5 years here what might take 15+ years at a traditional firm. There’s no ‘dog eat dog’ mentality here, the competition with others ends when you enter the building.
Working at Onyx isn’t a zero-sum game. You’ve probably gathered that we’re not your typical financial firm, no needless bureaucracy or stiff dress codes here, we’re all about the work. Think you're up for it? Prove it.
- Competitive salary and bonus scheme
- Work with the best traders in the world
- Immediate responsibility from your first day
- Collaborative environment
- Fast career progression
Graduate Trader Programme
Many of our Over-The-Counter traders join via our flagship graduate programme. It is essentially an entry level route into trading. You’ll join, go through intensive classroom-based training, trading simulators, and on-desk coaching — and then move straight onto a trading desk. The learning curve is steep but with the right support, our traders vie to be the best in the market.
World #1
Onyx Commodities is the largest provider of energy derivatives liquidity in the world. If you want to work for the best, you've come to the right place.
We only accept the best
We only accept 1 in every 500 applicants. If you succeed, you’ll be part of an exclusive club of graduates that will be primed to thrive in the oil trading industry.
Be prepared for anything
It’s a brutal, yet highly educational process that’ll ensure you’re ready for whatever your career in oil trading will throw at you.
My first year has been fast-paced and incredibly rewarding — every day brings new challenges and opportunities to learn. It’s been a steep learning curve, but that’s what makes it exciting to grow at Onyx.
Cheryl Lum
Graduate Trader
Become a Graduate Trader - do you think you have what it takes?
Join one of the world's top trading companies - apply to our Graduate Trader vacancies now