What Barak Capital does

Barak Capital is one of Israel's leading privately held investment groups, headquartered in Tel Aviv with a regulated branch in Amsterdam. Founded by Eyal Bakshi around 2003 (the firm cites over 20 years of capital markets experience), the group began as a proprietary trading firm with a dozen manual traders and has since expanded into multiple capital-markets activities. Its core offerings are organized across six product lines: proprietary Trading (semi-automated and automated strategies across global equities, bonds, derivatives, commodities, FX, and interest rate products); Market Making (official market maker on several global exchanges, using low-latency infrastructure that executes in microseconds); ETF Market Making (liquidity provision for ETF issuers including LYXOR, PSAGOT, and MORE Investment House); Underwriting and Investment Banking (over 1,000 transactions raising more than 400 billion NIS for Israeli companies, led by CEO Tzvika Manes); Research (corporate research, valuations, and rating support across energy, real-estate, financial, communications, and technology sectors); and Investments (proprietary portfolio diversification).

The group operates a proprietary technology stack consisting of low-latency market making infrastructure, in-house algorithmic trading platforms, and a tailor-made risk management system developed internally. These systems support semi-automated and automated execution and are used to supervise and monitor trading activity online. The firm is privately held by founder and CEO Eyal Bakshi, with no disclosed external institutional investors, parent company, or public listing. Operations are run through subsidiaries including Barak Market Making, Barak Capital Underwriting, and the ETF Market Making team, with regulatory oversight from the Netherlands Authority for the Financial Markets (AFM) for its Dutch entity.

Name

Barak Capital

Legal name

Barak Capital Ltd.

Website

https://barakcapital.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

101–250 employees

Short description

Barak Capital is an Israeli privately held investment group offering proprietary trading, market making, ETF market making, underwriting, research, and investment services to institutional clients and Israeli companies across global exchanges.

Ownership category

akta.pro rank

Headquarters

HQ city

Tel Aviv

HQ country

Israel

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Proprietary Trading: The group began as a proprietary trading firm and participates in many global markets employing a wide variety of trading strategies, trading sophisticated strategies across stocks, bonds, derivatives, commodities, foreign exchange, interest rate products and other financial instruments using its own capital
2. Market Making: As an official market maker in several exchanges worldwide, Barak provides continuous two-sided market quotes to improve market efficiency, providing liquidity to institutional clients globally
3. ETF Market Making: Official ETF market maker for several ETF issuers around the world, providing high quality services ensuring stable liquidity in relevant markets with competitive quotes to institutional clients at all trading hours
4. Underwriting and Investment Banking: Over a decade of experience in underwriting and management of offerings (IPO and secondary), investment banking, raising private capital, brokerage, and consulting for Israeli companies. Has managed over 1,000 transactions raising over 400 billion NIS
5. Research Services: Corporate research, financial analysis, and valuations provided as a complementary service to assist companies through rating processes

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

No verifiable core offering description is available in the provided source material.

Product overview

Barak Capital is one of Israel's leading investment groups offering a diversified portfolio of financial services. The core offering consists of Trading (proprietary trading across global markets using automated and manual strategies), Underwriting (capital raising and IPO services), Market Making (providing liquidity in global exchanges), and Investments (portfolio diversification). Supporting these core functions are Research (corporate analysis and valuations) and ETF Market Making (specialized liquidity services for ETFs). The group operates proprietary trading platforms with low-latency technology and maintains offices in Tel Aviv and Amsterdam.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Managed over 1,000 transactions in the capital market raising over 400 billion NIS
• +2 more outcomes

Named customers3 records

Segments3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• LYXOR ETFcoreChannel Partner/ Reseller/ DistributorLYXOR ETF is one of Barak Capital's ETF issuer clients for which Barak serves as official ETF market maker, providing high quality services ensuring stable liquidity with competitive quotes at all trading hours.
• PSAGOT Investment HousecoreChannel Partner/ Reseller/ DistributorPSAGOT Investment House is a key client for Barak's ETF market making services. Barak provides official market making services for PSAGOT's ETF products, ensuring stable liquidity in relevant markets.
• MORE Investment HousecoreChannel Partner/ Reseller/ DistributorMORE Investment House is among Barak Capital's ETF issuer clients, receiving official ETF market making services including competitive quotes to institutional clients at all trading hours.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Flow Traders: Amsterdam-headquartered global market maker specializing in ETFs and other financial instruments, with a low-latency technology stack. Directly comparable to Barak's market making and ETF market making franchise.
• Optiver: Global proprietary trading and market making firm operating across options, equities, ETFs, bonds, and FX with proprietary low-latency technology. Closely parallels Barak's prop trading and market making activities.
• Virtu Financial: US-listed global market maker providing liquidity across multiple asset classes and exchanges worldwide using algorithmic, low-latency technology. Direct competitor in market making and ETF liquidity provision.
• IMC Financial Markets: Amsterdam-based global proprietary trading and market making firm across options, equities, and ETFs with strong quantitative and low-latency capabilities. Highly comparable business model.
• Susquehanna International Group (SIG): Global quantitative proprietary trading firm trading equities, options, futures, and ETFs with proprietary technology. Direct comparable for prop trading and ETF market making.
• DRW Trading: Diversified principal trading firm active across global financial markets including equities, fixed income, commodities, and ETFs. Comparable proprietary trading and liquidity provision business.

Broad incumbents

• Citadel Securities: One of the world's largest market makers across equities, options, ETFs, and other asset classes. A dominant global incumbent in the same core market making and liquidity provision space.

Regional players

• Clal Finance: Israeli financial services and brokerage firm where Barak's founder previously led the proprietary trading division. Comparable Israeli capital markets presence and institutional services.
• Psagot Investment House: Israeli investment house and asset manager, also a client of Barak's ETF market making services. Comparable in Israeli capital markets activity and institutional client base.
• Harel Capital Markets: Major Israeli financial services group offering brokerage, underwriting, and asset management. Comparable in Israeli capital markets services; Barak's Head of Operations previously led operations there.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/713921/admin/dashboard

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Barak Capital