Partners with DriveWealth and Direct FX to offer access to three asset classes.
Denver & Chicago, November 2, 2015 – CQG today unveiled a multi-asset trading platform, CQG One, that allows traders to easily manage their portfolios; view real-market prices on forex, futures, and exchange-listed equities; and trade them seamlessly through one interface on any computer or mobile device.
CQG One provides a single point of custom pre-trade risk management, tailored by asset class across accounts. CQG One also offers exclusive in-platform access to pattern recognition software. The platform is powered by agreements with DriveWealth Holdings, Inc. and its wholly owned subsidiaries DriveWealth, LLC and DriveWealth Technologies, LLC (collectively known as “DriveWealth”) and Direct FX. CQG One streams Direct FX’s rates, execution, and market information for its forex and futures feed, and DriveWealth provides the equity feed and clearing for the multi-asset trading platform.
“CQG One not only allows us to package the best of CQG’s existing advanced trading tools, market access, and trade routing into one platform, it also expands our trading capabilities to the equities asset class,” said Mike Glista, Vice President of Continuum, CQG’s enterprise division.
CQG One is built using Continuum Connect, which leverages co-located Hosted Exchange Gateways as well as access to over seventy-five sources for global market data and to over forty exchanges for trade routing. Through the multi-asset platform, traders receive these features and more:
- Trade with multiple customizable trading interfaces
- Access multiple portfolios at one time from a mobile device or computer
- Learn to identify repeating tradable patterns with the addition of KnowVera’s Pattern Recognition software - P101
“DriveWealth is pleased to partner with Direct FX and CQG to provide investors worldwide with a multi-asset trading solution that incorporates exchange-listed equities, foreign exchange, and futures,” said Robert Cortright, Founder and CEO of DriveWealth, LLC. “We believe that giving international retail investors affordable access to a multi-asset trading platform will change the way people invest.”
“The intuitive solution will further enhance the overall trader experience, while providing an environment to trade asset classes that may have not been easily accessible to them before. This one-stop solution is perfect for traders looking to diversify and grow their trading portfolio,” said Joe O’Mara, CEO of Direct FX.
About DriveWealth Holdings, Inc.:
DriveWealth Holdings, Inc. is the parent company of DriveWealth Technologies, LLC and DriveWealth, LLC. DriveWealth Technologies, LLC is the technology service and financial education provider for DriveWealth, LLC. DriveWealth, LLC (www.drivewealth.com), member FINRA and SIPC, is a mobile and global full carrying broker dealer for retail investors and provides a low cost, easy-to-use US equities investing platform to individuals worldwide. DriveWealth also partners with businesses around the world to offer its Brokerage as a Service platform, which allows global financial institutions to give their clients access to US listed securities.
About Direct FX:
Direct FX Trading Pty Ltd is an Australian company which is registered with ASIC, ACN 120 189 424 and possesses Australian Financial Services License number 305539. AFS License only authorities the licensee (Direct FX Trading PTY LTD) to carry on a financial services business in Australia, limited to providing the financial services covered by the license. The AFS license and Australian regulation only applies to the financial services provided to Australian investors only.
Trading Margin Foreign Exchange, Futures and Options contracts and Over-The-Counter ("OTC") Derivatives (including Contracts for Difference ("CFDs")) carries a high level of risk to your capital and you should only trade with money you can afford to lose.
Trading Margin Foreign Exchange, Futures and Options contracts and OTC Derivatives (including CFDs) may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. A Financial Services Guide ("FSG") and Product Disclosure Statements ("PDS") for these products are available to download from Direct FX Trading Pty Ltd (“Direct FX”) at www.directfx.com. The FSG and PDS should be considered before deciding to enter into any Derivative or Foreign Exchange transactions with Direct FX.
Residents of the United States cannot currently open accounts with Direct FX. Any promotional material, offers or advertisements from Direct FX are not intended for and do not apply to United States residents.