Onyx CEO, Greg Newman, is delighted to welcome Jorge Montepeque to the Onyx Capital Group family, as Managing Director, Benchmarks.
Jorge is an expert in benchmark creation, trading systems and was formerly Global Director of Methodologies and Markets for S&P Platts. He has almost forty years of experience working in heritage companies across the financial and oil industry and is ready to apply his technical know-how and extend his experience and expertise to our young and rapidly expanding company.
Having built the Platts methodologies and assessment processes from the ground up, which have underpinned the trading of oil globally, there is no one in the industry more well-suited to the role, than the man who built the benchmarking concept.
Jorge says “I am very happy to join Onyx, a treasure trove of trade data and real-time fair values across a multitude of instruments. We will disseminate this data to participants both large and small while enhancing market transparency across time zones.”
Jorge’s deep knowledge of financial markets coupled with his experience in creating trading windows for Platts and establishing contracts used by exchanges for futures and derivative contracts, will be an asset to Onyx Capital Group as the company expands into power trading, metals and beyond.
CEO Greg Newman welcomes Jorge to Onyx Capital Group’s London office saying “Jorge is a proven consistent creator of value over a long career, and I am thrilled he has decided to join us. He will be directly involved in expanding our data offerings and exploring our next innovations in oil derivative markets. Onyx has an enviable strategic position to publish fair value markers based on trading activity – and there really is no one better to help us explore this. We are a primary data generator and our position to publish benchmarks in the derivative arena is second to none.”