Onyx is the #1 liquidity provider in the oil derivatives space
"I'm Manny Sandhu, heading the Dated Brent swaps desk at Onyx Commodities. We dominate 20-25% of market volume, requiring bespoke infrastructure due to Brent's complexity. My team manages daily operations, supported by a robust risk system. We model strategies to optimise liquidity capture. I seek hardworking, humble, and resilient individuals. With evolving benchmarks, continuous learning is essential. We provide fair value, flow data, and positioning insights, along with a bi-monthly report detailing trade ideas and short-term price forecasts for Brent."
Liquidity, Data, Research, Risk Management, Treasury, Compliance, and People.
"I'm Bart Pratt, overseeing the Fuel Desk at Onyx Commodities, where we hold significant liquidity and over 10% market share. We handle two crucial complexes: high sulfur fuel oil, used in various industries, and VLSFO, compliant with IMO regulations. Trading across US Gulf Coast, Northwest Europe, and Singapore, we manage considerable flow and risk collaboratively. Seeking diligent and adaptable individuals, we navigate the bustling fuel oil markets, contributing to its ongoing growth and development."
Liquidity, Data, Research, Risk Management, Treasury, Compliance, and People.
"I am Lijia Ju, heading the Middle Distillates desk at Onyx Commodities. Our team of seasoned traders, analysts, and quants approaches the market with probabilistic thinking, ensuring accurate pricing on contracts across the distillates complex. With a market share of 5-10%, we maintain strong financial stability through our liquidity-providing operations. We continuously develop scalable strategies by combining data insights, fundamental research, and flow analysis, leveraging our information edge for high-volume future contracts. Our goal is to provide the best liquidity at fair prices for our counterparties. We are actively hiring driven and analytical individuals to join our dynamic team, as we strive to innovate and excel in the evolving distillates market."
Liquidity, Data, Research, Risk Management, Treasury, Compliance, and People.
"I'm Fakhri Karimli, I oversee the Dubai Crude Oil trading desk at Onyx, commanding a market share of 25-35% in Dubai-related contracts. With the market in constant flux, we stay ahead by leveraging our robust analytics platform. Analysing pricing, live values, and flow data enables us to generate trading signals and implement effective hedging strategies. This expertise gives us a competitive edge, allowing us to offer valuable services such as research, fair value curves, and historical prices to assist fellow traders in making informed decisions."
Liquidity, Data, Research, Risk Management, Treasury, Compliance, and People.
"I'm Jasper Bird, leading the Naphtha trading desk at Onyx Commodities. Naphtha's unique connectivity spans refined oil and chemicals, showing strong correlation with these products. Our bespoke risk system, refined since inception, tracks PNL, brokerage fees, and positions. Clearing on specific exchanges is crucial for margin management. Handling nearly a third of daily trading volumes reflects market trust. Our traded data, accessible through our Flux platform, showcases live curves, ensuring transparency for all market participants."
Liquidity, Data, Research, Risk Management, Treasury, Compliance, and People.
"I'm Tom Jackson, overseeing the Gasoline desk at Onyx. We command around 35% of daily market volume, making gasoline trading a whirlwind. While mature, it's still ripe for price discovery. With over a decade of experience, we've honed efficiency, while our bespoke risk system, encompassing strategy, personnel, pricing, and swaps execution, is vital. Our offerings include an accurate fair value curve and unparalleled trade commitment data, solidifying our market positioning in the gasoline industry."
Liquidity, Data, Research, Risk Management, Treasury, Compliance, and People.
"We would like to establish a robust, scalable infrastructure that supports seamless trading operations and enhances overall efficiency. That infrastructure should foster a collaborative environment that encourages continuous learning and professional growth, ensuring team members are equipped with the skills and knowledge to excel in modern-day energy trading which includes a transition from a fundamentally based, data-driven trading approach to integrative advanced analytics and systematic strategies to standardise decision-making and improve trading outcomes. To summarise, these pillars aim to create a resilient, innovative trading framework driven by data and teamwork."
Liquidity, Data, Research, Risk Management, Treasury, Compliance, and People.
"The NGL desk is a market leader & has been one of the most dominant forces in the Natural Gas Liquids space in recent years. Covering all major time zones and significant markets the NGL desk's presence is felt - with both liquid and illiquid products. Whether it be contracts such as the liquid C3 LST or less liquid ones such as C4 FEI our market share stands around 30% of all volumes traded in the market. This is testimony to the tight bid/offer that we continually provide to the market & garners us respect for the important role we have in the smooth running of LPG markets globally."
Liquidity, Data, Research, Risk Management, Treasury, Compliance, and People.
"My role as Head of the Petchem Trading Desk is to develop and build out this franchise into the leading market maker globally. The petchem market is somewhat less liquid and more relationship driven than the oil market and thus a key factor will be to grow the franchise not just through market making but also by bringing new client flow into the market. As a result, I’ll be looking to leverage both my own experience and contacts as well as those of my immediate team and Direct Trading."
Liquidity, Data, Research, Risk Management, Treasury, Compliance, and People.
"I’m Sami Ali, and I head up the Iron Ore desk at Onyx Commodities. My role involves providing liquidity on a day-to-day basis, averaging 5–10% of the total market volume. In addition, I integrate proprietary strategies based on quantitative modelling to diversify our P&L stream. Our ultimate goal as a desk is to branch out into other metals, building further strategies and managing a diversified metals portfolio, leveraging the expertise and knowledge within our team. Given the existing level of liquidity in the metals space, my current trading model is geared towards strategic risk-taking. I seek curious and ambitious individuals who are passionate about discovering innovative ways to generate profits. at a firm which values continuous learning and adaptability in a constantly evolving market environment."
Liquidity, Data, Research, Risk Management, Treasury, Compliance, and People.
"Jonah looks after Onyx’s systematic trading and algorithmic liquidity functions across the entire spectrum of oil and refined products. Quantitative trading is an area of rapid growth at Onyx, so the desk is actively hiring young quantitatively minded professionals with a passion for the energy sector and systematic risk. Jonah has an 18-year track record of success as a professional macro trader, with experience building and managing teams at Goldman Sachs, Vitol, and DRW."
Liquidity, Data, Research, Risk Management, Treasury, Compliance, and People.
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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.