CQG and Kyte Group, an independent Futures Commission Merchant (FCM) offering clearing and execution services on the world's most prominent cash and derivatives exchanges, today announced that they have entered into a global software licensing agreement to make CQG's trading software available to its customers and internal trading desks
"We are pleased to partner with Kyte Group to provide their customers with access to our low-latency Direct Market Access and advanced trading platforms," said Mike Glista, Director of Order Routing at CQG.
The partnership with CQG, a trade execution, market data, and analytics provider for global electronically-traded futures markets, allows Kyte Group to meet increased demand for professional futures trading software from banks, hedge funds, and professional traders.
Peter Green, CEO of Kyte Group, commented: "We are delighted to partner with CQG, a leading global provider of electronic trading tools. This business development will allow Kyte to offer its client base a wider range of products across many more markets."
Customers clearing through Kyte Group will have access to CQG's industry-leading electronic trading and decision-making tools via the CQG Trader and CQG Integrated Client platforms. Kyte Group traders will be able to route orders to CME Globex, Eurex, ICE Futures UK, LIFFE, and SFE.