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CQG targets Russia with ITinvest licensing agreement

19 May 2009  |  1365 views  |  0 Source: CQG

CQG and ITinvest today announced that they have entered into a global software licensing agreement in which ITinvest will make CQG's trading software available to its customers and internal trading desks in Russia.

This agreement will allow ITinvest to meet increased demand for professional futures trading software from buy-side firms and other high-volume traders. Customers clearing through ITinvest will have access to CQG's leading decision-making tools, accurate consolidated market data, and advanced electronic trading via the CQG Trader and CQG Integrated Client platforms to route orders to RTS.

"CQG is pleased with the addition of ITinvest as our newest clearing partner," said Mike Glista, Director of Order Routing at CQG. "The extended access of our sophisticated trading solutions is beneficial to both parties and traders interested in the Russian markets."

"Those clients, who took part in CQG Trader testing, gave appreciation to its trading opportunities. We are happy with cooperation with CQG and the opportunity to be the first to provide this great platform in the Russian market. Within the next few days we are planning to advertise and offer it to our clients," said Vladimir Tvardovsky, Chairman of ITinvest.

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