Denver, April 18, 2016 – CQG, a global provider of high-performance trade routing, reliable market data, and advanced technical analysis, has launched its next-generation, low-latency order routing system, Gateway 5.0. This version significantly reduces order processing latency, with some aspects being up to ten times faster.
The order routing system accepts orders, performs risk checks, and delivers orders to CQG’s network of more than forty exchanges. The order routing system is part of CQG’s global infrastructure that is not only leveraged by its main suite of products, CQG Integrated Client, CQG QTrader, and CQG M, but is also leveraged by Continuum partners and firms worldwide.
“In a world where every microsecond counts, having an infrastructure that is continuously measured and improved upon is critical. We are very pleased to provide our customers with an even faster order routing system that builds upon our existing high-performance infrastructure,” said John Arvanites, CTO of CQG. “This newest release not only reduces order event latencies but allows for higher levels of capacity and throughput for our users and partners throughout the world.”
Celebrating its 40th anniversary in 2020, CQG provides the industry’s highest-performing solutions for traders, brokers, commercial hedgers, and exchanges for their market-related activities globally, including trading, market data, advanced technical analysis, risk management, and account administration. The firm partners with the vast majority of futures brokerage and clearing firms and provides Direct Market Access (DMA) to more than 45 exchanges through its global network of co-located Hosted Exchange Gateways. CQG technology serves as the front end for a variety of exchanges, and the firm’s technology is increasingly employed as the over-the-counter matching engine for important new markets. CQG's server-side order management tools for spreading, market aggregation, and smart orders are unsurpassed for speed and ease of use. Its market data feed consolidates 85 sources, including exchanges worldwide for futures, options, fixed income, foreign exchange, and equities, as well as data on debt securities, industry reports, and financial indices. CQG has received the Prop Traders' ISV of the Year award from FOW (now Global Investor Group), the Best Technical Analysis Platform award from The Technical Analyst, and the Best Product for Traders award from Finance Magnates for its multi-asset trading platform. CQG is headquartered in Denver, Colorado, with 16 sales and support offices and data centers in key markets globally.
Ellen G. Resnick
Crystal Clear Communications
+773-929-9292; +312-399-9295 (mobile)