CQG, Inc., the industry’s leading provider of exchange data, market analytics and order routing has completed its connection to ICE Futures via ICE’s FIX API. CQG is now the only vendor offering trade routing with real-time and historical spread data for ICE products.
The move broadens CQG’s market data coverage and order routing capabilities to traders in the rapidly growing electronic energy markets, while further extending market data distribution and trading access for ICE Futures, ICE’s regulated futures subsidiary.
“We are very pleased that CQG has connected to ICE Futures’ liquid energy marketplace,” says Chuck Vice, ICE’s President and Chief Operating Officer. “As the growth in the global energy markets continues on a rapid pace and participants increasingly rely on electronic trading, customers can benefit from increased access to these markets and from specialized information in real time.”
“Providing access to ICE Futures made perfect sense for CQG,” says CQG’s President, Josef Schroeter. “For the first time, customers can have superior historical and real-time analytics and order execution on the same screen.”
Traders utilize CQG’s premier analytics, charting and order routing capabilities to identify opportunities and execute trading strategies in ICE Futures’ highly liquid markets. CQG’s order routing customers, which include energy hedgers, proprietary trading firms, local traders, commodity trading advisors and hedge funds around the world, can trade highly liquid global electronic markets, such as ICE Futures’ benchmark ICE Brent Crude and ICE WTI crude futures contracts, as well as the ICE Gas Oil futures, the leading heating oil futures contract by traded volume