Javelin Global Commodities has selected OpenLink as its trading and risk management system. This is in line with its aim to grow its financial and physical trading.
Harry Nota, Head of Energy, EMEA, at OpenLink, said: “OpenLink has deep experience and heritage in trading and risk management for the coal markets, with over 1 billion t traded in Europe annually using our systems. As such, we are delighted to support Javelin with their needs from start-up to growth and from coal to future commodities, as the provider with the widest set of traded asset classes in the industry. We are very happy to welcome Javelin to our client base, and looking forward to a long and successful relationship.”
Working with capSpire, phase one of the project has provided Javelin with financial derivatives trading functionality and phase two is in progress to deliver physical trading, shipping and logistics.
Edited from press release by Harleigh Hobbs