The Trading Pit: Hakam Thalji joins multi-asset prop trading firm

Rick Steves

“Hakam’s extensive experience and strategic approach are invaluable to our firm. His leadership perfectly aligns with our commitment to providing advanced, secure and fair proprietary trading services.”

The Trading Pit has appointed Hakam Thalji as its Head of Dealing. The prominent global multi-asset prop trading firm based in Vaduz, Liechtenstein, will count on his over two decades of experience to enhance its operational resilience and trading performance.

Having played pivotal roles in the growth and success of various financial organizations, Hakam Thalji’s vision for The Trading Pit includes advancing a comprehensive risk management framework, leveraging robust technology infrastructure for high-frequency trading and sophisticated data analytics, and implementing stringent operational controls to enhance trading effectiveness and market adaptability.

The firm’s evolution is driven by its ambition to unite a worldwide community of skilled traders, actively shaping the future of trading and investment, and setting new benchmarks for excellence and performance on a global scale.

Illimar Matus praises Hakam Thalji

“As the new Head of Dealing at The Trading Pit, I am committed to enhancing our trading operations through continuous education and strong risk management. Our regular strategy reviews and solid risk plans will keep us prepared and ahead in
the dynamic trading market,” said Hakam Thalji.

Illimar Matus, Co-Founder of The Trading Pit, added, “Hakam’s extensive experience and strategic approach are invaluable to our firm. His leadership perfectly aligns with our commitment to providing advanced, secure and fair proprietary trading services.”

Matus is a successful FX industry entrepreneur mostly known for co-founding and leading FX and CFD brokerage firm Tickmill Group since 2014. It was in 2020 that he launched Pinorena Capital, a family office that invests in fintech companies. The Trading Pit is one of the firms in the portfolio alongside C8 Technologies, Darwinex, LHV Bank, Upgrade, Zilch, Bisly, Klarpay, and HUDstats.

Leading the Cyprus operation of The Trading Pit is Daniela Egli, who joined the prop trading firm in late 2022 after stints at Skilling and Fxview. Egli is a CySEC-certified AML expert and a CISI-certified specialist in risk. With experience as Managing Director and Group COO, her extensive background in the financial sector includes senior roles in Business Management, Executive Management, and Compliance.

  • Read this next

    Digital Assets

    Bitcoin nears $62,000, sparking retail buying frenzy

    Bitcoin dashed past the $61,000 barrier on Wednesday, a peak it hadn’t touched since the waning days of November 2021.

    Market News

    OPEC+ Extension of Oil Output Cut Causes Rally

    The dynamics surrounding crude oil are indeed fascinating, given its unique role as both a globally traded commodity and a vital energy source deeply influenced by the OPEC+ alliance’s decisions.

    Institutional FX

    DKK reports 226% growth in 2023 with eyes on African expansion

    “Our numbers are beginning to show how we are powering, the growth required by emerging markets, and we plan for the success of our strategies to continue to thrive in 2024.”

    Industry News

    ‘WTF’ as in ‘What The Fraud?’, Sumsub’s new podcast on digital fraud

    “We found a lack of informative podcasts talking about digital fraud threats and prevention for business owners. So, we decided to dive in and share our expertise along with industry top minds in the ‘What The Fraud?’ podcast.”

    Digital Assets

    Coin Metrics integrates market data from Cboe Digital

    “We are pleased to work with Coin Metrics and believe that having quality and timely data, and systems to analyze that data, will help crypto markets mature as well as evolve to become a core component of a diversified investment portfolio. We are focused on providing access and solutions to the spot and derivatives crypto market in a way which mirrors an investor’s experience with traditional markets.”


    AU10TIX launches KYB solution to address regulatory requirements

    “Our customers have been requesting a comprehensive KYB solution, because money laundering and fraud have become far too prevalent in the corporate world. Our unified KYB/KYC solution is essential for identifying bad actors and maintaining a safe business environment in 2024.”

    Digital Assets

    Japan Is Rapidly Emerging As A Global Leader In Compliant Crypto Payments

    Japan is often hailed as one of the most forward-thinking nations in the crypto industry, with its government taking a very positive stance on the potential of concepts such as Web3. 

    Digital Assets

    Kraken launches institutional arm

    “If you already work with Kraken, you know how much we care about offering high quality products and a client-first experience. We’ve been the leading crypto exchange for more than a decade and through Kraken Institutional, we’ll offer the same deep expertise and cutting-edge technology to propel trading excellence for institutions.”


    Centroid integrates with brokerage solutions provider GTN

    “We are thrilled to integrate GTN into Centroid Bridge, our multi-asset connectivity bridging engine. This integration allows our clients to gain access to the wide range of multi-asset products offered by GTN.”