OpenGamma, a financial technology company, today announced that Castleton Commodities International LLC (CCI), a leading global energy commodities trader, has selected OpenGamma’s analytics to optimize its margin requirements.

With OpenGamma’s solution, CCI expects to reduce margin financing costs for its trading activity by evaluating all available clearing options across global exchanges and clearing houses.

“CCI has a long history of pursuing state of the art technology to maximize returns, and the use of
OpenGamma to increase our margin efficiency is the latest example of this.” said John Boardman, Global
Head of Merchant Operations at CCI.

“We are pleased to be working with CCI, one of the leaders in their field, to increase the capital efficiency of their derivatives trading activity.” said Peter Rippon, CEO at OpenGamma.