CQG, the industry-leading order execution, charting, and analytics provider for global, electronically-traded securities, today announced its connection to GovEx, a matching platform offered by Currenex, a wholly owned subsidiary of State Street Corporation.
GovEx offers traders a centrally-cleared, high performance trading platform for US Treasury securities, providing anonymity, diverse liquidity, and a technologically-advanced matching environment for the fixed income markets.
Offering connectivity to the GovEx trading platform in combination with CQG's server-side order management enables US Treasury traders to execute very complex trading strategies with a greater chance of success due to the additional access to the GovEx liquidity pool. CQG now connects to all of the publicly traded liquidity avenues for US Treasury cash products and thereby offers traders a significant edge due to the increased level of accessible liquidity.
CQG's industry-leading server-side order management includes the ability to aggregate orders across multiple exchanges, execute automated synthetic spread strategies, as well as employ synthetic iceberg orders.
"Providing connectivity to the GovEx trading platform is part of our ongoing strategy of offering traders in the US Treasury market access to the most liquidity and electronic order execution venues," said Mike Glista, CQG's Director of Order Routing and Vice President of the Continuum division.