CQG, the industry-leading order execution, charting, and analytics provider for global, electronically-traded securities, today announced that it has co-located its exchange gateway servers at CME Group's new, state-of-the-art data center located in Aurora, Illinois to provide low-latency order routing and market data connectivity to the CME Globex platform.
"The products traded on CME Globex are of major interest to our global customer base, and as one of the first ISVs to install equipment at the new site, we're committed to providing our customers with a robust connection to the platform," said Scott Doranski, Technical Director of Operations at CQG. "We have taken advantage of this launch, leveraging our partnerships with Dell and Intel, to design a solution that will increase our customers' success in the market."
To maximize the advantages of CME Group's co-location design, CQG has installed powerful hardware at the site, which significantly increases processing speed. The proximity to CME Globex matching engines provides reduced latency to applications already executing in sub-millisecond timeframes. This reduction is particularly significant for CQG customers trading latency-sensitive strategies with CQG Spreader and market aggregation functionality.
Connectivity through the new co-location will be available to CQG customers as of the data center's start of trading operations on January 29, 2012. CQG will maintain its original CME Globex connectivity in parallel with the new Aurora data center connection, as long as necessary, to ensure for customers' backup.