About Us

We provide original and innovative trading and investment ideas, with a dedicated focus on risk arbitrage, special situations, relative value and event-driven opportunity.

Awards Laurel

Brokerage Firm Sales
Team Equity
Special Situations

2019

Awards Laurel

Brokerage Firm Sales
Team Equity
Special Situations

2018

Awards Laurel

Brokerage Firm Sales
Team Equity
Special Situations

2017

Create to Innovate

Makor Group was first established in 2011. It is comprised of several entities with locations in London, New York, Tel Aviv, Paris, Geneva, Gibraltar, Singapore and Melbourne.
Makor aims to provide bespoke execution and advisory services to leading institutional investors in Equity, Fixed Income, FX and specialized strategies, offering efficient execution of investment strategy through the provision of access to liquidity across more than 90 trading venues worldwide.

2011

2011

Makor Creation
Opening of Offices in London & Tel Aviv
1st Cash Equity Trade, Equity Derivatives

2012

2012

Geneva Office Opened
Fixed Income Desk Set-up

2013

2013

Paris Office Opened
FX Desk Set-up

2014

2014

Acquisition of Oscar Gruss & Son Incorporated

2016

2016

Ranked #1 in the Extel Pan European Brokerage Special Situation / Risk Arb Sales Survey

2017

2017

Launched Enigma Securities
Opened Chicago Office
Opened Gibraltar Office
Ranked #1 in the Extel Pan European Brokerage Special Situation / Risk Arb Sales Survey

2018

2018

Ranked #1 in the Extel Pan European Brokerage Special Situation / Risk Arb Sales Survey

2019

2019

Ranked #1 in the Extel Pan European Brokerage Special Situation / Risk Arb Sales Survey

Michael Halimi
Michael Halimi
CEO & Co-Founder of Makor Group

Mr. Michael Halimi started his career at Société Générale in Paris in 1992 as part of the FX options and derivatives division.
Prior to founding Makor in 2011, he worked at Cantor Fitzgerald for 14 years where Michael first established an interest rate derivatives desk.
In September 1999, he implemented the European Equity sales and trading desk of Cantor Fitzgerald. He then became a senior managing director in 2007.
Michael received his MBA in Financial Markets in June 1992 from the University of Dauphine in Paris.

01 / 06
Avi Bouhadana
Avi Bouhadana
Co-Founder of Makor Group

Mr. Avi Bouhadana has 19 years experience in the Capital Markets industry and was previously Partner at Cantor Fitzgerald, where he was Co-Global Head of Equities Sales.
He worked at Cantor for 14 years and in September 1999, he implemented the European Equity Platform of Cantor Fitzgerald. He then became a senior managing director in 2007.
Avi Bouhadana graduated from Ecole Polytechnique of Montreal.

02 / 06
Efraim Wolpert
Efraim Wolpert
CFO/COO & Co-Founder of Makor Group

After working at Ernst & Young for 5 years, in 2001 Efraim Wolpert joined Execution Limited, a startup London based institutional stock broking business as CFO. Execution grew into a $85m business employing 125 people in London, Connecticut and Hong Kong.
In March 2009 Efraim left the UK for Israel and worked as an outsourced CFO to Israeli based subsidiaries of international groups before joining the Makor Group in November 2010.
Efraim is a Chartered Accountant and has a Business Finance Degree (First Class Honours) from the University of Cape Town.

03 / 06
Yankel Hassan
Yankel Hassan
Head of Equities & Co-Founder of Makor Group

Mr. Yankel Hassan has 15 years of experience in the Capital Markets Industry.
For 10 years, he worked in Equity Sales at Cantor Fitzgerald London, eventually becoming co-manager of the Cash Equity Arbitrage Desk.
Yankel received a Master’s degree in Financial Markets from Dauphine University in Paris.

04 / 06
Michael Benitah
Michael Benitah
Head of FX and Fixed Income & Co-Founder of Makor Group

Michael Benitah started in the industry in 1996 trading FX within several banks (Republic National Bank, Bank Safra and Bear Stearns) before joining Cantor Fitzgerald in 2008 to setup and manage the FX agency desk.
Michael studied at ISG in Paris.

05 / 06

Latest News

10 April 2024

Makor Launches First FIC Capital Guarantee with VitisLife and Intesa Sanpaolo

Makor Group is pleased to announce a new, strategic collaboration with VitisLife and Intesa Sanpaolo to secure its first FIC Capital guarantee.

10 May 2022

Makor Becomes a Member of London Stock Exchange and Turquoise

Makor Group today announces that its London and Paris-based entities have become members of the London Stock Exchange and Turquoise MTF.

30 March 2022

Makor Securities Hires Ozan Kalemdaroglu to Makor Fixed Income Division

Makor Group is pleased to announce today its hire of Ozan Kalemdaroglu, who is joining the fixed income/FX arm of Makor Group.