CQG Expands Middle East Footprint, Becomes Approved ISV on DGCX
- Market date vendor CQG partners with Dubai's premier commodity trading venue as it expands its Asian coverage. The data vendor will provide DGCX trading on its trading platform.
UAE based Dubai Gold & Commodities Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (DGCX) has enhanced is data coverage by signing up CQG, a financial market data and trading software, as an approved independent software vendor (ISV). The addition of CQG means the DGCX has 12 independent software vendors.
A partnership with an ISV means the DGCX has a wider reach of clients, the ISV can also complement other trading systems in one format. US-based CQG partners with more than seventy Futures Commission Merchants and provides Direct Market Access to more than forty exchanges through its global network of co-located Hosted Exchange Gateways.
Gary Anderson, CEO of DGCX spoke about the new partnership, he said, "we are very happy to welcome CQG on board as an empanelled independent software vendor. CQG is a leading financial technology player and innovator and their highly rated product offering and global market coverage adds to the pool of world-class technology expertise available in DGCX's growing community. Our partnership with CQG stems from our commitment to offer our Members access to the world's leading trading technology solutions."
The partnership allows CQ to expand tis footprint across the Asia and the middle east. "We are well-pleased to provide our customers with hosted connectivity to DGCX, a major exchange in the Middle East with a strong history of growth," said Mike Glista, CQG's Director of Order Routing. "CQG's sophisticated tools offer a high-performance solution to traders seeking to access Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term in this important emerging market."
DGCX members now have access to CQG Integrated Client, the company's flagship platform, or CQG Trader. This high-speed connectivity also enables traders to incorporate DGCX instruments into latency-critical strategies using CQG's suite of server-side tools, including CQG Spreader, aggregation, and smart orders.
The DGCX recently reached a milestone figure in trading volume, the commodities bourse achieved the formidable $1 trillion in total trading volume since inception eights years ago.
UAE based Dubai Gold & Commodities Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (DGCX) has enhanced is data coverage by signing up CQG, a financial market data and trading software, as an approved independent software vendor (ISV). The addition of CQG means the DGCX has 12 independent software vendors.
A partnership with an ISV means the DGCX has a wider reach of clients, the ISV can also complement other trading systems in one format. US-based CQG partners with more than seventy Futures Commission Merchants and provides Direct Market Access to more than forty exchanges through its global network of co-located Hosted Exchange Gateways.
Gary Anderson, CEO of DGCX spoke about the new partnership, he said, "we are very happy to welcome CQG on board as an empanelled independent software vendor. CQG is a leading financial technology player and innovator and their highly rated product offering and global market coverage adds to the pool of world-class technology expertise available in DGCX's growing community. Our partnership with CQG stems from our commitment to offer our Members access to the world's leading trading technology solutions."
The partnership allows CQ to expand tis footprint across the Asia and the middle east. "We are well-pleased to provide our customers with hosted connectivity to DGCX, a major exchange in the Middle East with a strong history of growth," said Mike Glista, CQG's Director of Order Routing. "CQG's sophisticated tools offer a high-performance solution to traders seeking to access Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term in this important emerging market."
DGCX members now have access to CQG Integrated Client, the company's flagship platform, or CQG Trader. This high-speed connectivity also enables traders to incorporate DGCX instruments into latency-critical strategies using CQG's suite of server-side tools, including CQG Spreader, aggregation, and smart orders.
The DGCX recently reached a milestone figure in trading volume, the commodities bourse achieved the formidable $1 trillion in total trading volume since inception eights years ago.