Actant connects to CME Globex platform

Source: Actant

Actant - the leading Independent Software Vendor in US options and futures market making and trading, continues to expand its presence by establishing connectivity of its high performance market-making product AQTOR to the CME Globex platform.

Although AQTOR is already installed with some CME traders the new connectivity schedule is also designed to appeal to traders who will need a new front end service provider following the phase-out of the CME's own front end - Globex Trader - at the end of 2007. AQTOR for CME will be launched at the CME Expo February 28.

As a result of this expansion Actant's options and futures offering now covers all the USA's major options and futures exchanges, namely: CME, CBOE, One Chicago, eCBOT, AMEX, ARCA OX, BOX, ISE, and PHLX.

"Having CME connectivity is very satisfying as we now can fully support clients trading on a significant number of the SEC and CFTC regulated derivatives exchanges," says CEO Urs Rutschmann. "As AQTOR is scalable from large enterprises to small or single user trading companies, we are prepared for good demand from CME traders."

AQTOR supports trading in options and futures on interest rates, equities and foreign exchange, with plans to extend product coverage further.

AQTOR provides traders with the ability to configure automated quote management and trading strategies directly into their application. This ability, coupled to sophisticated risk management functionality, makes AQTOR truly unique.

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