Trading Technologies completed the acquisition of OpenGamma.

Trading Technologies, a global capital markets technology platform services company, completed the acquisition of OpenGamma, a front-to-back derivatives management platform. Financial terms were not disclosed. "The acquisition of OpenGamma is a transformative step that immediately deepens the value proposition we will offer our combined customer base. Global derivatives markets have undergone profound structural changes in recent years, particularly in the realm of margin requirements, resulting in an acute need to manage margin-driven liquidity risk without weakening safeguards around counterparty risk. OpenGamma's real-time insights empower firms to maximize leverage and free up precious capital. This is a crucial strategic addition that aligns perfectly with our mission to provide the best multi-asset platform experience across the entire trade life cycle," Justin Llewellyn-Jones, Trading Technologies CEO.