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FOR IMMEDIATE RELEASE
CQG Contact:
Josh Passman
CJP Communications
212.279.3115 x. 203
jpassman@cjpcom.comCQG Expands Connectivity to Russian Markets
Enables spreading of FORTS and connects to RTS Standard
Moscow, September 22, 2010 – CQG, Inc., the industry-leading order execution, charting, and analytics provider for global, electronically-traded securities markets, has enhanced its Russian offering to include spreading of FORTS, the futures and options component of the Russian Trading System Stock Exchange (RTS), and low-latency trade routing to RTS Standard, the equity market for Russian securities, the company announced today at FOW’s 4th Annual Derivatives World Russia.
Spread traders now have the opportunity to easily create, trade, and manage both interand intra-exchange spread strategies for FORTS products via the server-side CQG Spreader, CQG’s industry-leading, low-latency spreader product. CQG’s hosted trading gateway provides traders with fast and highly cost-effective access to RTS Standard. CQG customers can route orders to the exchange using the CQG Integrated Client and CQG Trader platforms.
“Adding spreading capabilities and additional connectivity to Russian markets is part of our continued strategy to provide traders access to global markets,” said Yuriy Shterk, Vice President of Product Development, CQG. “RTS is one of the most active exchanges in the world and is an important market for both local and foreign traders.” CQG previously offered trade routing and market data for FORTS. The trading connection to RTS Standard is the latest addition to a growing list of exchanges to which CQG provides Direct Market Access.
CQG’s network of collocated Hosted Exchange Gateways provides ultra-low-latency trading connectivity to more than forty exchanges worldwide. Trading through CQG is extremely cost-effective and allows traders access to worldwide markets without any infrastructure investment, as CQG is responsible for the installation and maintenance of the market data networks and exchange gateways. CQG’s risk engine provides maximumcontrol over customer accounts. The margining system monitors incoming orders and evaluates worst-case scenarios on a real-time basis.
About CQG, Inc.
CQG, Inc. provides the industry’s highest-performing solution for integrated trade routing, global market data, and advanced technical analysis. CQG partners with more than fifty Futures Commission Merchants and provides Direct Market Access to more than forty exchanges through its worldwide network of collocated CQG Hosted Exchange Gateways. 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 Denver, Colorado with sales and support offices worldwide. For more information about CQG, please call 1-800-525-7082 or visit www.cqg.com.