Louis Dreyfus Company selects the ION derivatives trading platform

By Joy Dumasia

ION, a global provider of trading, analytics and risk management solutions for capital markets, commodities and treasury management, announced that leading agribusiness Louis Dreyfus Company (LDC), had chosen ION Derivatives Global Trading Platform (GTP) to manage and grow its derivatives execution and hedging operations.

With activities that span the entire value chain across a diverse range of product lines, LDC helps feed and clothe up to 500 million people every year and is committed to embracing technologies that can unify, simplify and boost efficiency in its global operations.

Guy-Laurent Arpino, LDC’s Chief Information Officer, said: “We are pleased to work with a renowned company like ION as we seek to further reinforce core business activities with advanced tools and solutions that drive efficiency through process unification and automation.”

Francesco Margini, ION Markets Cleared Derivatives Chief Product Officer, added: “We’re delighted that LDC has chosen a solution which has earned more than 30 awards and remains the top choice for institutions around the world.”

ION’s award-winning GTP Derivatives Trading Platform delivers comprehensive execution tools and algos, access to global and regional execution venues, global risk tools and a fully integrated middle office.

Founded in 1851, Louis Dreyfus Company (LDC) is a leading merchant and processor of agricultural goods, leveraging its global reach and extensive asset network to deliver the right products to the correct location at the right time safely, reliably and responsibly.

Recently, IBS Intelligence reported that ION, a leading global provider of trading, analytics, business information and risk management solutions for capital markets, commodities, and treasury management announced Robert Cioffi’s appointment as Global Head of Equities Product Management. Robert joins ION Markets with over 25 years’ product management experience in Financial Services.