Thomson Reuters and CQG Partner on Futures Order Routing
Futures traders are now able to trade with an additional 65 futures commission merchants (FCMs), using their existing connections to Thomson Reuters Autex Trade Route.
The Autex Trade Route FIX routing network has connectivity to over 750 buy-side firms and 700 executing brokers and venues.
CQG's enterprise solutions division, Continuum, powers futures trade routing through its FIX Connect API. Through FIX Connect, traders using Autex Trade Route are able to access CQG's globally distributed system of hosted exchange gateways for order routing.
"In this case, we've quickly and seamlessly supplied Thomson Reuters' already expansive Autex network of buy and sell-side firms with advanced trading access to a number of key participants in the futures markets," says Mike Glista, VP of Continuum and CQG's director of order routing.
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