Continuum inks deal with Interactive Data Desktop Solutions

Source: CQG

Continuum announced today that it has signed an agreement with Interactive Data Desktop Solutions to provide a trade execution interface for the FutureSource Workstation platform.

This agreement represents another major step forward in Continuum's rapid first-year expansion. Continuum now provides a diverse set of integrated solutions to more than forty clients by harnessing its enterprise-level API products, extensive infrastructure resources, and powerful trade routing and market data connectivity.

FutureSource Workstation offers charts, news, and market data from a wide range of asset classes. Under this new arrangement, FutureSource Workstation will include professional trading functionality by embedding CQG Trader together with an integrated API into FutureSource Workstation.

The trading application is now linked with FutureSource Workstation, allowing orders to be placed from within the application. Order details are sent through the API to CQG Trader for execution via Continuum's Hosted Exchange Gateways and, through this ultra-low-latency connectivity, traders can execute strategies on more than forty exchanges worldwide. Additionally, by selecting symbols in a quote board, traders can automatically open the trading interface populated with those symbols.

"Embedding our application in FutureSource Workstation affords an excellent opportunity for us to expand our customer base and demonstrates Continuum's versatility in providing custom solutions to meet specific partner requirements," said Mike Glista, Vice President of Continuum. "FutureSource Workstation users will benefit from our direct, ultra-low-latency trading connectivity to global exchanges."

"Combining FutureSource Workstation's quote and charting package with a high performance, electronic trading platform that leverages Continuum's extensive relationships with futures clearing merchants represents an excellent opportunity for Interactive Data to quickly connect these merchants with our clients," said Paul Famular, Vice President of Business Operations for Interactive Data Desktop Solutions.

Continuum will also power order routing functionality in the eSignal platform directly through Continuum's Hosted Exchange Gateways via FIX Connect. FIX Connect, Continuum's FIX 4.2-compatible API, allows for both manual and automatic trade execution as well as trade monitoring. 

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