CQG Joins FIA Tech’s Network of Vendors, Exchanges and Clearinghouses to Unify Reference Data

“This partnership is yet another example of FIA Tech’s commitment to supporting the ISV community to further our mission of bringing innovation to the derivatives industry.”

CQG has joined the FIA ​​Tech Databank Network, bringing its expertise in performing technology solutions for traders, brokers, commercial hedgers and exchanges.

Databank Network is FIA Tech’s initiative to bring together independent software vendors (ISVs), exchanges, clearinghouses and other data providers into an interoperable global network. CQG is the first ISV to join the network.

The network unifies reference data from over 80 exchanges and central counterparties (CCPs) worldwide, major index providers including FTSE, MSCI, S&P and STOXX, and EDI and Factset data providers.

By incorporating the CQG symbology into the global product master data maintained on the Databank network, the CQG platforms will be fully interoperable with all FIA Tech services as well as other future ISV participants in the Databank network.

The database provides businesses with a cross-reference of exchange product and vendor symbologies, which can be used by subscribers to simplify integration with top vendor systems, communicate more easily with customers and counterparties, and simplify integration with FIA Tech services.

Andrew Castello, Master Data Manager at FIA Tech, said, “We are delighted that CQG is joining the Databank Network and CQG customers will have immediate access to the industry services provided by FIA Tech. This partnership is yet another example of FIA Tech’s commitment to supporting the ISV community to further our mission of bringing innovation to the derivatives industry.

Pat Kenny, Senior Vice President of Client Relations at CQG, said, “We are thrilled to join Databank Network as the first ISV. We are excited to be part of this global, industry-wide solution to streamline insights for market players and appreciate FIA ​​Tech’s leadership in this effort.

CQG recently revamped their platform with new features, including decimal points for volume displays everywhere (cryptos, preference to display group/country/region code for symbols.

The revamped terminal also added a new option to cancel orders on logout and improved functionality to download order reports with multiple criteria.

The new updates give CQG users many of the benefits available on existing bespoke platforms, but with the efficiency of a customizable backend. Brokers are now able to determine everything from layout and configuration, including back-end configurations and user interface.

The company has also added a “Volume Profile” study for its newest trading platform, CQG One. The phased rollout introduces a cloud-based platform with access to CQG Algos, new analytics features, custom formulas, price alerts and a spreader.

The new product combines the ease of use of CQG’s retail terminal with the market data, charts, visualization and advanced features of its flagship professional trading platform, CQG Integrated Client.

CQG One is aimed primarily at professional traders and institutional investors, acting as a multi-asset, multi-broker platform that offers a comprehensive set of predefined algorithmic order types. The Denver-based company made the new platform available through Futures Commission Merchants (FCMs) starting in April, with new features added throughout the year.