CQG, a provider of technology for integrating market data, technical analysis and trade routing, has expanded its list of market data connections to enhance clients’ ability to trade multiple asset classes. The Denver-based firm has integrated the widget of OTC commodity exchange, PanXchange, which will be topped up into CQG’s trading, market data for energy benchmarks and commodities analysis content.
The tie-up with PanXchange provides CQG clients with an added advantage when making energy trades. It also builds on a current partnership established in 2019, providing CQG clients access to pricing data.
Moreover, this expanded partnership puts the Denver-based PanXchange on the same top-shelf as other major market data providers.
In addition, this collaboration strengthens the vendor’s push into the energy investment space as it allows CQG customers to source the data via a variety of formats, including CQG’s front-ends, APIs and Microsoft Excel.
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CQG’s network of electronic trading gateways provides traders with market data, graphical analysis and low-latency trading access to a global network of futures and options exchanges as well as fixed income and foreign exchange markets.
The institutional-oriented brokerage group said it is offering a significant destination for customers who want to capitalize on diverse global markets.
Commenting on the news, CQG President Ryan Moroney said: “We’re excited to offer our clients access to pricing and analysis based on PanXchange’s unique products, which continue to grow in popularity. Further, this embedded widget strengthens our ability to serve clients in the energy, physical commodity and OTC space as well as to provide an opportunity for users to seamlessly take positions and manage risk across listed and OTC markets.”
PanXchange Founder and CEO, Julie Lerner added: “I’m thrilled to be expanding our partnership with CQG to share our benchmark prices and fundamental analysis for these agricultural products. CQG is a leading provider of trading and risk management solutions to the largest trading and brokerage shops worldwide. We trust that our data will prove to be a significant value-add to its network of commodity traders around the globe.”