Trading platform vendors partner for additional asset support.
Trading platform provider UNX has added another third-party vendor to its open-source Catalyst Marketplace application software store with the addition of CQG, officials announced today.
Under the terms of the arrangement, users will be able to download the CQG Trader trading front end from the online store and have it integrated with the Catalyst execution management system (EMS), which will take advantage of CQG's exchange gateways and more than 50 futures commission merchants (FCMs) on the network.
"Our relationship with UNX further builds our diverse scope of API partnerships and provides clients with easy access to global exchanges," says Mike Glista, director of order routing at CQG.
"Through this collaboration, both firms are able to offer their clients more meaningful solutions for global, multi-asset trading from a single desktop," adds UNX CEO Thomas Kim. "For example, equity traders can harness CQG's tools for hedging their positions with derivatives, and futures traders can implement alpha-generating equity trading strategies using Catalyst's advanced single-stock and portfolio trading capabilities."
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