ION derivatives trading platform selected by Louis Dreyfus Company

Rick Steves

ION’s GTP Derivatives Trading Platform features a comprehensive suite of execution tools and algos, access to global and regional execution venues, global risk tools, and a fully integrated middle office.

Louis Dreyfus Company (LDC) has deployed the ION Derivatives Global Trading Platform (GTP) to manage and grow its derivatives execution and hedging operations.

ION provides trading, analytics and risk management solutions for capital markets, commodities, and treasury management.

LDC is a leading agribusiness with activities that span the entire value chain across a diverse range of product lines. Its business helps feed and clothe an estimated 500 million people every year.

Suite of execution tools and algos for derivatives trading

ION’s GTP Derivatives Trading Platform features a comprehensive suite of execution tools and algos, access to global and regional execution venues, global risk tools, and a fully integrated middle office.

Guy-Laurent Arpino, Chief Information Officer at Louis Dreyfus Company, commented: “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, Chief Product Officer at ION Markets Cleared Derivatives, said: “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 offers trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates.

LDC was founded in 1851 and has grown to become one of the largest merchants and processors of agricultural goods, with activities spanning the entire value chain, from farm to fork. Business lines include Grains & Oilseeds, Coffee, Cotton, Juice, Rice, Sugar, Freight, Carbon Solutions and Global Markets.

Robert Cioffi joins ION

Last month, ION appointed 25-year industry veteran Robert Cioffi as Global Head of Equities Product Management after spending 15 years at UBS Investment Bank, where he recently held the role of Executive Director and Product Manager, Securities eCommerce.

At UBS, he led the Cash EQ Product Management team before moving to product management of the award-winning UBS Neo Platform, which grew to 1.8 million users.

Robert Cioffi is also a former Vice President at both Instinet, an institutional broker and independent equity trading arm, and the electronic trading platform MarketXT Inc.

“As equities trading faces increased complexity, ION’s award-winning solutions will continue to automate and simplify trading across worldwide markets with its reliable and efficient technologies. I am excited to join the team for its next chapter, working with Fidessa to improve the execution outcomes for clients through ION’s own innovation and expansion”, said Robert Cioffi, Global Head of Equities Product Management at ION Markets, Equities.

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