for immediate release - cqg · low-latency trade routing and consolidated market data access to the...
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CQG Announces Trading Connectivity to MexDer
Denver, CO, June 16, 2010 – CQG, Inc., the industry-leading order execution, charting, and analytics provider for global, electronically-traded futures markets, now provides low-latency trade routing and consolidated market data access to the Mexican Derivatives Exchange (MexDer).
“The addition of MexDer, one of the most important exchanges in North America, is another successful step in our goal to provide advanced trading access to exchanges worldwide,” said Brian Vancil, CQG’s Vice President for Exchange Relations.
CQG’s hosted trading gateway provides traders with fast Direct Market Access to MexDer. CQG customers can use both the CQG Trader and CQG Integrated Client trading platforms to trade all the derivative products available on MexDer. The MexDer connection is also enabled for the CQG Spreader, CQG’s server-side spreader. Traders can easily create, trade, and manage both inter- and intra-exchange spread strategies.
“MexDer has strived to achieve structural changes to meet worldwide standards,” said Jorge Alegria, CEO of MexDer. “We are delighted to have an innovative technology pro-vider like CQG that makes our exchange more accessible to firms all over the world.”
CQG’s trading connection to MexDer is the latest addition to a growing list of exchanges to which CQG provides Direct Market Access. Recent additions include connections to the Tokyo Stock Exchange (TSE), Australian Securities Exchange (ASX), and ELX Futures (ELX). Future trading connectivity is planned for the NASDAQ OMX Nordic Derivatives, the Turkish Derivatives Exchange (TurkDex), and NZX.
CQG’s network of collocated Hosted Exchange Gateways provides low- and ultra-low la-tency trading connectivity to more than thirty-five exchanges worldwide. Trading through CQG is extremely cost-effective and allows access to worldwide markets without any infrastructure investment, as CQG is responsible for the installation and maintenance of the gateway network and equipment.
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About CQG, Inc.CQG, Inc. is the industry’s highest-performing solution for integrated trade routing, global market data, and advanced technical analysis. CQG partners with more than forty Futures Commission Merchants and provides Direct Market Access to more than thirty-five exchanges through its worldwide network of collocated CQG Hosted Exchange Gate-ways. CQG’s market data feed consolidates over a hundred 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 is headquartered in
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CQG Contact:Josh PassmanCJP Communications212.279.3115 x. [email protected]
FOR IMMEDIATE RELEASE
MexDer Contacts:Guillermo MedinaHead of Media and Communications (+52) 55 53 42 [email protected]
Berenice CorralVice President of Sales and Marketing(+52) 55 53 42 [email protected]
Denver, Colorado with sales and support offices worldwide. For more information about CQG, please call 1-800-525-7082 or visit www.cqg.com.
About MexDerMexDer is the Mexican Derivatives Exchange, an exciting and accessible marketplace with worldwide standards which is part of the Mexican Stock Exchange Group. MexDer has strived to achieve structural changes to meet worldwide standards and today it is the most accessible exchange in Latin America. In 2010, CME Group and MexDer signed an Order Routing Agreement.
The products offered are Mexican financial derivatives such as the 28-Day TIIE Future (short-term interest rate – flagship contract), 10- and 2-Year TIIE SWAP Futures with the option of being centrally cleared, and 10-Year Bond and 20-Year Bond Futures; Mexican Stock Exchange Index (IPC) Futures; Options on the IPC Futures; and MXP/USD Futures and Options, among others.
MexDer’s AAA-rated Clearing House accepts other collaterals besides Peso such as US Dollar (cash), T-Bills, and T-Notes deposited in the US. Now, the Exchange offers also Proximity and Colocation. MexDer is the leading marketplace for trading derivatives on Mexican benchmarks.
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