Continuum, CQG’s enterprise API division, has launched a new partnership with TradeSocio, a provider of marketing software for brokers across multiple asset classes, according to a CQG statement.
As a result of the partnership, CQG will help provide market data and trade execution capabilities to the TradeSocio platform via its flagship API, Continuum Connect. More specifically, the accord will help tap into Continuum’s DirectFX connection, which relies on low-latency market data and order routing. The deal will also see TradeSocio’s cloud-based foreign exchange (FX) and futures social trading platform garner some revamped capabilities afforded by Continuum Connect.
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According to Mike Glista, Vice President of Continuum, CQG’s enterprise division, in a recent statement on the partnership, “Social trading continues to expand, and our relationship with TradeSocio enables us to remain at the forefront of this trend. TradeSocio’s sophisticated and innovative application allows traders to share complex order-entry algos and market information.”
“At TradeSocio, we’ve worked hard to build a platform that’s as valuable to traders as it is to brokers. We’re excited to be working with CQG and empowering their brokerage clients with insightful analytics, while also offering their traders access to exciting features like trading competitions, copy trading, and social networking with other traders,” added Rohan Hall, Founder and CEO of TradeSocio.
Back in June, CQG made headlines after it unveiled a global equities partnership with Ditto Trade, a robotics-investing stock brokerage firm. The two companies subsequently integrated US equities trading capabilities on the same platforms and APIs that were designed to help CQG’s customers trade futures and FX.