19 June 2018
Visit www.gemalto.com

CQG and Continuum add FX trading via KCG Hotspot

17 July 2013  |  1240 views  |  0 Source: CQG Inc.

Continuum and CQG, Inc. today announced the addition of foreign exchange trade execution to its services through integration with KCG Hotspot, the award-winning electronic communication network (ECN) for the institutional foreign exchange market. The connection is powered by Continuum's new Access Direct API family.

Through this partnership with KCG Hotspot, CQG adds foreign exchange to its offering of tradable asset classes. Customers using CQG Integrated Client or CQG Trader, as well as those who have written to third party applications via CQG's suite of API products are able to connect to Hotspot. Hotspot integration allows for both foreign exchange market data delivery and low-latency order routing to the ECN using CQG's robust infrastructure.

"Our KCG Hotspot integration is a powerful example of CQG's ability to leverage Continuum APIs to make strategic additions to our product," said Mike Glista, CQG's Director of Order Routing and Vice President of Continuum. "Through this partnership, we've made an entire asset class available to our trading customers, while also contributing to the liquidity base of the Hotspot FX product itself - a clear win-win."

KCG Hotspot offers access to more than sixty currency pairs with depth of book transparency and tight spreads of 1/10th pip. This latest partnership adds CQG's traders to Hotspot's diverse liquidity base of banks, institutions, hedge funds, high frequency traders, corporations, and CTAs.

"The foreign exchange market is large, liquid, and technologically-advanced," said John Miesner, Managing Director and Head of Global Sales, KCG Hotspot. "We're pleased to partner with CQG, providing access to our robust market data, liquidity and existing client base, which consists of a diverse array of market participants." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit iliad-solutions.com/Visit www.aciworldwide.com

Top topics

Most viewed Most shared
GPS raises £44 million to fund international growthGPS raises £44 million to fund intern...
12616 views comments | 5 tweets | 8 linkedin
Ripple exec says DLT not ready for banks...yetRipple exec says DLT not ready for banks.....
11166 views comments | 11 tweets | 33 linkedin
UK launches £2.5bn startup initiativeUK launches £2.5bn startup initiative
10052 views comments | 33 tweets | 27 linkedin
Live: EBAday2018, day twoLive: EBAday2018, day two
8190 views comments | 4 tweets | 6 linkedin
DBS to use robot to screen applicants for human jobsDBS to use robot to screen applicants for...
8085 views comments | 3 tweets | 6 linkedin