CQG, the industry-leading order execution, charting, and analytics provider for global, electronically-traded securities, today announced that it has signed a software licensing agreement with ALOR, making CQG's sophisticated trading front ends available to ALOR's customers throughout Russia.
"Partnering with ALOR further grows our presence in the eastern European market and worldwide," said Mike Glista, Director of Order Routing at CQG. "ALOR's traders will benefit from CQG's high-performance order routing solutions, robust technical analysis tools, and accurate global market data."
Through the partnership, ALOR customers gain access to CQG's professional trading platforms. CQG Integrated Client is the company's flagship platform. It combines powerful order routing functionality, consolidated global market data, and sophisticated decision-making tools in one application. CQG Trader is an execution platform for traders who do not require charting and analytics. It is available in a Russian language version.
Traders clearing through ALOR can also use CQG's suite of advanced server-side tools, including CQG Spreader and the Market Aggregation expression, to execute and manage low-latency strategies on and across key exchanges worldwide.
"The modern world, let alone investment activities, is inextricably linked with IT technologies," said Elena Sadova, General Director ZAO "ALOR INVEST." "Partnering with CQG, ZAO 'ALOR INVEST' will move to a new level of service to our customers in international markets, as well as strengthen its position and confirm the title of one of the leaders of the Russian market."