Makor Group Grows Amid COVID-19 Crisis, Expands Derivatives Desk in Europe

Makor Group (“Makor”), an international agency brokerage group trading cash equities, fixed income, FX and derivative products, is pleased to announce the expansion of its European derivatives trading desk with the addition of two new senior hires to the team. Mr. Pierre-Olivier Burte and Mr. Gregory Salon will be joining Makor’s offices in Paris as Co-Global Heads of Exotic Products focused on developing the execution desk and establishing an advisory and research platform, solidifying the firm’s ongoing growth in these times of global crisis.

“Despite the present crisis and challenging market outlook, Makor is excited to continue our growth as we tackle new opportunities with the expansion of our Equity Derivatives desk,” said Makor Group Founder Michael Halimi. “I am very pleased to welcome Pierre-Olivier [Burte] and Gregory [Salon] to the Makor family and I am certain they will make a positive addition to our team.”

Mr. Burte joins from Camelia Tech, a fintech company he co-founded specialized in the qualitative and quantitative evaluation of SMEs. Prior to pursuing this venture in 2015, Mr. Burte built an impressive track record in exotics trading at Credit Agricole Corporate and Investment Bank. After graduating from Ecole Polytechnique in Applied Mathematics in 2002 and Ecole National des Ponts et Chaussees’s Department of Mathematical Engineering in 2003, Mr. Burte first joined Calyon’s Global Equity Derivatives desk focusing on Exotics Trading. From then, he continued to grow his expertise in exotics product trading, rising to a senior management role within CA-CIB’s Global Equity Derivatives, where his responsibilities included the development and management of the trading desk, as well as the training of junior traders.

Mr. Salon brings with him substantial expertise in Exotics Trading with a stellar record from Société Générale. After graduating from Ecole Centrale Paris, one of Paris’ leading schools, with a major in Mathematics, Finance and Computer Science, Mr. Salon began his career as Corporate Equity Derivatives Trader in Calyon in 2001 after which he specialized as an Exotic Index Trader in 2005. Mr. Salon subsequently joined Société Générale as Deputy Head of Exotic Trading in New York in 2006. After returning to Paris as Head of Exotic Trading Indices in Europe for the firm, Mr. Salon continued to grow until becoming the Co-Head of Equity Derivatives Trading for Europe at SocGen in 2015. It is his deep understanding of Exotic Trading that lead him to specialized consulting work in Trading/Quant activities since mid-2017 prior to joining Makor, servicing clients including Naxitis CIB and BNP Paribas.

The extensive expertise brought forth by Mr. Burte and Mr. Salon as they now join Makor has cemented the firm’s forward-looking enthusiasm for its and its team’s growth during this ongoing crisis, as Makor continues to evolve, to invest, and to grow.

SOURCE Makor Group