CQG Integrated Client

We believe CQG Integrated Client offers access to innovative electronic online futures trading tools, global market data, and advanced analytics in one application.

Electronic Trade Routing

• Electronic trading connectivity to more than thirty-five exchanges
• High-speed network of distributed exchange gateways
• Partnerships with over forty FCMs
• Depth-of-market views on price ladders and trading directly from the charts and quote pages
• Comprehensive pre-trade risk management
• CQG Hosted Exchange Gateways, a secure, low-latency order routing service, are installed and maintained for CQG’s partner clearing firms
• Smart Orders, both exchange-supported and synthetic orders, with unique features designed to aid the trader for better order and trade management

Order Routing Tools

• Two depth-of-market order book views of the electronic exchanges
• Charts include a trade routing interface and order management window
• Spreadsheet trading, with over 200 market data elements available, includes order routing functionality
• Synthetic and exchange-traded spreads trading from two customizable spread matrix style quote displays
• One order routing interface minimizes use of screen real estate
• CQG and custom study values as well as condition alerts can be displayed on DOMTrader®

CQG Smart Orders

CQG supports both exchange-supported and synthetic orders. Each Smart Order has unique features designed to aid the trader for order and trade management. Smart Orders include:

• DOM-Triggered Stops, Stop Limits
• Trailing Limits, Stops, Stop Limits
• Bracket and Order-Cancels-Order
• Algorithmic orders, including Iceberg Orders and offset stop limits
• Study following orders
• Condition following orders and alert trading

Consolidated Market Data

• High-speed, real-time and historical market data from over one hundred global sources
• Foreign exchange, fixed income, energy, derivatives, equities, single stock futures, and OTC markets
• Eight different styles of quote displays
• Cost-effective, scalable market data management and delivery
• Dedicated data quality staff across the globe covering the US, Europe, and Asia

Decision-Making Tools

• State-of-the art charting and analytics
• Fifteen chart styles including CQG’s exclusive TFlow®
• Over one hundred basic and custom studies
• Custom formula builder
• Six types of alerts with automated order routing
• Powerful trade system design and backtesting features
• Advanced option strategy analytics

News

• Computer-readable news: key US, European, and Canadian economic releases
• Comprehensive Dow Jones News, Market News International, Need to Know News, Hightower News, and Interfax News coverage
• Innovative display, search, and filtering
• Secure delivery of proprietary customer feeds
• Integration of news to charts
• Offered as a library (in your own application or standalone)

CQG Spreader

We believe that the CQG Spreader is a useful tool for spread traders needing sophisticated order management and ultra low-latency trade execution. The CQG Spreader allows traders to easily create, trade, and manage multi-legged, intermarket, intramarket, and cross-exchange spreads to effectively manage incomplete orders. Traders can manage spreads across accounts and asset classes.

The CQG Spreader Core (collocated servers at the exchanges) uses proprietary algorithmic rules to manage working legs of the spread. Bid/ask queues per leg in the exchange’s order book are monitored by the spread servers for liquidity. The close proximity of the core to the exchange servers allows modification and execution of second legs to occur in less than a millisecond*.

* Dependent on market conditions and end-user connectivity configurations.

CQG Spreader functionality includes:

• Set up spreads with up to forty legs and actively quote up to ten legs
• Configure leg ratios, scale, order management, and legging risk
• Prioritize leg placement
• Easily identify spreads and their legs with DOMTrader® and order color-coding

CQG Trader

CQG Trader is an electronic futures platform for traders who don’t require technical analysis tools. Users can take advantage of this powerful application to view market activity, place orders, and track orders and positions.

Customizable Three-Pane Layout

Professional order routing tools:

• DOMTrader: Provides market transparency and intermarket and multi-market trading functionality
• Order Ticket: Includes buy/sell buttons and enhanced visibility of the net change and volume
• Quote Board: Displays the open, high, low, and close values

Orders and Reports summary displays:

• Account summary
• Cancelled orders
• Exceptions
• Filled orders
• Open positions
• Parked orders
• Purchases
• Sales
• Working orders

CQG News

With news feeds in CQG Trader, customers can track market-moving events and monitor their trading decisions. News feeds include:

• Dow Jones Newswires
• The Hightower Report
• Interfax News
• Market News International
• Need to Know News

CQG Trader features display headlines with varying font sizes, highlighting the most current news releases. Keyword search allows traders to browse news releases based on their trading needs. Traders can adjust CQG News preferences to display the story pane, timeline, and recent headlines in scroll mode; to adjust color schemes; and to highlight keyword searches.

Additional Features

• Customers interested in FX can trade non-even amounts of currency and easily manage orders and positions using large quantity abbreviations.
• DOM ladder compression is available for thinly traded electronic markets.
• Fills executed outside the CQG Hosted Exchange Gateways, such as pit trades, may be entered in the Orders and Positions window.
• Net open trade equity for related futures and options positions can be displayed.

CQG API

We believe CQG’s APIs offer solutions for customers needing the most reliable data, advanced analytics, and ultra-low latency trading. For latency-critical applications, we believe the proximity of CQG’s global network of exchange data centers gives you the ability to get closer to the market.

We believe the CQG Data API makes it possible for you to seamlessly deliver CQG’s market data and analytics to external applications. CQG offers the option of both real-time and historical data for CQG’s customers via CQG’s API solution. The CQG Data API is based on COM server technology. Any language that supports automation technology may be used for development. CQG provides samples of how to use the API for Microsoft Excel VBA, Visual Basic, C#, C++, and MatLab. The CQG Trading API allows you to access the CQG Hosted Exchange Gateways for order routing from external applications.

Real-time Data

The CQG Data API gives you access to:

• Instrument reference metadata/contract specifications
• Last trade and current best bid/offer data with volumes
• Depth-of-market (DOM) data with volumes

The CQG Data API supports real-time and delayed market data from exchanges.

Historical Data

Comprehensive trade and best bid/offer tick data may be retrieved at the end of the day to validate tick database integrity. In addition, the CQG Data API gives you access to consolidated (aggregated) data in different types of bar configurations, such as regular timed, constant volume, point and figure, and TFlow bars. CQG’s historical data includes access to CQG’s embedded analytics.

Analytics

Industry-leading analytics available via the Data API include:

• Canned studies and functions
• Custom studies and formulas
• Synthetic instruments
• Trade system values

Trading

CQG’s Trading APIs can be used for:

• Trade execution (manual and automatic)
• Trade monitoring