The rise of proprietary traders in oil markets: a conversation with Onyx Capital CEO

Oil markets have experienced a quiet revolution for over the last decade as proprietary trading houses have gradually replaced the participation of banks. Andy Critchlow, head of news in EMEA for S&P Global Platts, recently caught up with Greg Newman, CEO of London-based prop trader Onyx Capital Group, to discuss the latest developments in oil and the outlook for more participants entering the market.