Multi-Asset broker Makor Group has strengthened its European derivatives team with the appointment of Talal Dehbi, who will be joining the agency brokerage group as a Managing Director.
Dehbi is based in the firm's London office and, as a derivatives veteran, will play a vital part in the continued expansion of Makor's business, which spans multiple asset classes including cash equities, fixed income, FX and derivative products. He will report to Makor Group founders Michael Halimi and Avi Bouhadana, working closely with the London FX desk.
Most recently, Dehbi has served as founder and chief executive officer at Mount Investment Group. He has been in the derivatives industry for over 15 years and brings with him extensive UK and European business and regulatory expertise, having particularly focused on hedging, risk recycling trades, derivatives arbitrage, and tail hedging strategies.
"We are very pleased to welcome Talal [Dehbi] to the firm. His impressive track record and sharp insights on derivative products will prove themselves integral to Makor's continued growth. I wish him the very best as he joins our team," said Makor Group founder Michael Halimi.
A long career spanning many positions
Dehbi previously held senior roles with his most recent appointment having been executive director and head of global index exotics and hybrid derivatives trading at CIBC. He spent eight years at CIBC in London, from 2011 to 2019, where he was responsible for managing the global index and hybrid exotics, generating market share growth in Europe and the United States.
Dehbi held an analogous role at Italian banking group Intesa Sanpaolo for over three years, having contributed to the growth of its European structures products' market share by heading the Global Index.
He started his career at Bear Stearns & Co, where he worked for two years with institutional clients as an equity and hybrids derivatives trader covering wealth management business.
Makor's London unit operates as an Organised Trading Facility (OTF) through authorization from the UK's Financial Conduct Authority (FCA). Makor's approval by the City regulator gives its clients greater flexibility to choose the type of venue and Execution method that suits their needs. OTFs constitute any facility that aggregates buying and selling interests or orders related to financial instruments, focused on non-equities such as derivatives and cash bond markets.