Continuum Extends Connectivity Provision to MarketDelta Cloud

Continuum, CQG’s enterprise API division, has launched a strategic partnership with MarketDelta to help bolster the group’s trading and order management application, MarketDelta Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term, according to a Continuum statement.

The deal will extend CQG capabilities to the MarketDelta Cloud platform, which will stand to benefit from the provision of global market data and trade Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term capabilities, via its flagship API, Continuum Connect.

This is also the second such partnership in as many months for Continuum, which teamed up with TradeSocio, a provider of marketing software for brokers across multiple asset classes, back in September. The nature of this accord helped tap into Continuum’s DirectFX connection, which relies on low-latency market data and order routing.

According to Mike Glista, Vice President of Continuum, in a recent statement on the partnership, "We are excited to be selected as the sole provider of market data and trade routing for MarketDelta Cloud. We continually look for ways to partner with innovative companies who are changing the trading environment.”

"We are very proud to be launching the MarketDelta Cloud powered by CQG. The convenience and accessibility it will provide both traders and brokers is a breath of fresh air in an industry that is known for hard-to-use software. We are thankful for our longstanding relationship with CQG and the fantastic support they have provided us along the way,” added Trevor Harnett, CEO of MarketDelta.