OpenSide Capital LLC

CTA / Program YTD Inception
4.57 1/1/2025

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange (“forex”) is substantial.

CTA Introduction

Giacomo Galli is a seasoned professional with over 20 years of experience specializing in agricultural markets. Based in Geneva, Switzerland, Giacomo has built an extensive global network through his leadership roles in major financial hubs such as Milan, London, Chicago, and Stamford. His deep relationships with key players at firms like Zennoh, Cofco, JBS, Cargill, ADM, and Louis Dreyfus provide him with unmatched insight into the cash business, particularly regarding exports and crushing operations.

Giacomo’s career began in 2003 at Unicredit Group in Milan, where he transitioned from a quantitative role to Junior Trader in equity derivatives. In 2007, he joined RBS/Sempra Commodities in London as a Senior Hybrid Derivatives Trader, managing risk for cross- commodity options with a focus on commodity markets.

From 2009 to 2016, Giacomo held senior roles at Noble Group (later Cofco Agri) in Lausanne, Geneva and Chicago, where he managed proprietary trading desks and successfully translated complex market flows into effective strategies. In 2016, he became Global Head of Oilseeds at BTG Commodities (Engelhart Commodities Trading Partners) in London and Stamford, consolidating the firm as one of the top soybean exporters to China’s Sinograin and managing a team of several traders.

At Bunge, from 2019 to 2024, Giacomo was part of the Special Risk Unit (SRU), which holds the largest speculative trading books in the company. As one of the few traders in this elite group, he managed speculative trading across various agricultural commodities, contributing to Bunge’s overall risk management and trading strategies. He most recently served as Senior Director of the Oilseeds Group at ETG Commodities in Geneva, where he oversaw both cash and speculative trading across the entire agricultural spectrum.

Throughout his career, Giacomo has been known for his ability to simplify the complexity of market flows and inputs into effective trading strategies. His approach includes outright positions (using options), spreads, relative value, and volatility trading. His strong connections have been instrumental in navigating the global market landscape.

In addition to his industry achievements, Giacomo’s hardworking mentality and resilience stem from his background as a high-level rugby player in Italy’s first national division. The discipline, teamwork, and perseverance required in rugby have greatly influenced his approach to the fast- paced, high-stakes world of commodity trading.

As Principal of OpenSide Capital LLC, Giacomo brings his extensive experience, global contacts, and resilient mindset to deliver innovative and value-driven trading solutions. His leadership ensures that OpenSide Capital remains at the forefront of the global commodity markets, offering clients cutting-edge strategies to thrive in an ever-evolving landscape.
Portfolio Manager
Giacomo Galli
Type
Commodity Trading Advisor (CTA)
Registrations
NFA 0566447
Location
United States of America