Trading on Principle: Greg Newman’s Stoic Path to Leadership in Oil Markets

On today's episode we have Greg Newman.   Greg is the Group Chief Executive of Onyx Capital Group - the world's number one liquidity provider in oil derivatives trading. Greg was the second super-trader I hired at Mandara Capital and it's been simply wonderful to be their firsthand and see his journey from lost graduate, to elite leader in one of the most competitive industries on the planet. Aged just twenty-two where he launched Mandaras Crude oil desk. Within just three years his desk went from scratch,  to become the largest independent market-maker in Dated Brent and Dubai swap markets.    In 2016 Greg left Mandara with fellow mandara Super trader Omar Kayaam to launch Onyx. As CEO Greg has been the driving force behind the development of Onyx on the trading floor and beyond. He established the group’s highly successful training programmes, its unique research offering, data services, brokerage, news and analysis. He featured in the book “40 Classic Crude Oil Trades : Real-Life Examples of Innovative Trading” and the crude desks he formed at Mandara and Onyx are also mentioned in “Brent Crude Oil: Genesis and Development of the World's Most Important Oil Benchmark”. In 2022 Greg published his book - World of Oil Derivatives: A Guide to Financial Oil Trading in a Modern Age.   Greg's success is testament to his principle based approach, his fierce drive, stoic mindset, he is a fearless risk taker. And the Onyx Capital Group, it continues to expand under Greg’s leadership, as he prepares to launch the Retail Trading Arm of Onyx Capital Group later this year, with the premise to digitize, democratize and provide access to the full range of the oil swaps markets to all. Most importantly to me, Greg has become one of my closest friends over the years, and we’ve overcome some insane situations together. So this conversation is extra special for me. Greg holds a BEng in Biochemical Engineering from University College London.    In this episode we discuss; the early days, the stoic mindset, driving growth and the transition from trader to CEO.   I hope you enjoy.   ----------------------------------------------------------------   Find Greg: https://uk.linkedin.com/in/oilderivatives    Find James: https://www.linkedin.com/in/acceleratingexcellence/ https://www.instagram.com/jamesaking_/ https://jamesaking.com/   The Mindset App: While the app is under development, we have decided to provide access to the full content for free on YouTube for a limited time. You can find the courses within our playlists or by the link below. I hope you enjoy. https://www.youtube.com/@AcceleratingExcellence/playlists   🔊 Listen on Spotify: https://open.spotify.com/show/5LJFspGl7b0e5YuxMfPLpx?si=e852f426c16b4f2d   🔊 Listen on Apple Podcasts: https://podcasts.apple.com/gb/podcast/the-accelerating-excellence-podcast/id1706636304