CQG, a provider of analytical software and trading systems, has announced a new network of hosted direct market access gateways designed to reduce electronic trading latency for its global customer base.
The new infrastructure features exchange gateways in Chicago, London, Singapore and Sydney.
CQG said that its hosted execution network is expected to be designed to take advantage of exchange proximity, providing traders access to local markets with the lowest possible latency while maintaining access to global markets via CQG’s fault-tolerant backbone.
CQG claims that its 40-plus partner clearing firms benefit from being able to easily provide scalable electronic trading connectivity to a global client base with no additional infrastructure cost. Firms are also expected to manage risk centrally through CQG’s risk management module.
Rod Giffen, global head of sales and support at CQG, said: Our distributed DMA gateway model allows us to provide both firms and traders with compelling performance and value. CQG enables firms to connect more traders to more markets in less time and with better risk controls. Our traders love the performance and efficient combination of market data, analytics and execution in one application.
