New prop firm GHK International is in June
set to begin operations, including the offering of a trader
training course to up and coming futures traders.
In conjunction with affiliations in
Brussels, Montreal, Nice and Paris, proprietary trading firm
GHK International in June is set to begin its operations in
London, following its acquisition of several traders and
infrastructure of the now defunct Bull Moose
As part of this new collaboration - headed
by parent proprietary trading firm GH Kapital AB, a Swedish
company - the business will look to acquire traders and grow
operations at multiple locations.
The new company is led by a number of
partners, including Andrew Hallett, owner of existing prop firm
GH Kapital AB.
The new firm is setting out to
"reinvigorate a consolidating industry and bring the focus back
to human trading talent," Hallett told FOW, as the
proliferation of automated trading strategies has been
prioritised over the past decade.
GHK International was formed in April when
the partners officially started to work in combination and Bull
Moose Derivatives ceased to exist.
Bull Moose had grown to more than 30 prop
traders from just three when the company was founded in
Two directors of the past London firm will
be collaborating with the new enterprise in London, namely
Didier Voichet and Federico Lago.
GHK International will in June begin
offering a new trader training programme, with the firm
currently holding interviews for places.
The new training offering will stack up
against established offerings in the prop market from rivals
including the London Academy of Trading, Futex and OSTC.
Many prop trading firms are currently
focusing on expansion to fill this void, to take advantage of
regulatory changes which have shifted the playing field in
GHKI told FOW that last week it opened a
new site in Brussels, backing up-and-coming traders, which is
in addition to sites in Nice, Paris, Montreal and
Future plans also include offering its
traders access to emerging markets along with a physical
location in Miami and the establishment of a training site
affiliated with a local university in Agadir, Morrocco, by the
end of the summer.
Hallett, owner of Sweden-based parent
company GH Kapital, set up the firm in 2008 after holding a
number of derivatives and equities trading roles at SWIFT and
Refco, and serving as a director at Caskade Trading.
Voichet was most recently head of trading
at Bull Moose, which he joined from Southegg Capital Management
where he was head of business development. Prior to this, he
was head of prop trading at Odin Capital Management and has
held a number of prop trading positions at Argo Traders,
Schneider Trading, Tower Trading Group, Refco and Marex.
Lago was a managing director at Bull Moose
Derivatives, joining in November 2013 also from Southegg
Capital Management where he was a trader and business
development manager. Lago was promoted to the role in March after
former MD Matthew Glassman quit the firm.
Note: This article has been amended to
remove earlier references to a merger between GHKI and Bull