Onyx Research

Our team of skilled analysts, by utilising the depth and breadth of Onyx's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.

Onyx Co-founders: How We Made an Elite Trading Business

Onyx was co-founded in 2016 by Omar Kayaam and Greg Newman. After their success building and trading their own market-making desks at Mandara Capital, they left to start their own company with a view to capitalise on the rapidly evolving oil derivatives market.

Seven years later – Onyx is the largest liquidity provider in oil derivatives, trading over 25 billion paper barrels a year and maintaining an average of 20% market share within oil swaps.

So – how did they do it?

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Chief Technology Officer

Ishaan Hemnani is the CTO of Onyx Capital Group. Prior to joining Onyx, Hemnani was the founder and CEO of BunkerEx - a platform that democratised access to data in the marine fuels industry.