CQG Grows Global Market Coverage with Turquoise Derivatives

CQG, Inc. today announced its connectivity to Turquoise, providing the company's trading and market data customers with high-speed access to the 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 through its hosted infrastructure. This new connection builds on CQG's already-strong coverage of European markets.

Majority-owned by London Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term Group, Turquoise covers Norwegian and United Kingdom derivatives markets as well as Russian International Order Book (IOB) derivatives. These products will now be available thanks to the combination of CQG's tools and Turquoise's coverage of dividend, index, and stock options and futures.

"We are committed to providing our customers with the infrastructure and tools to maintain a global market perspective," said Brian Vancil, Vice President of Exchange Relations at CQG. "With this goal in mind, and considering Turquoise's coverage of Norwegian, Russian, and United Kingdom derivatives markets, our connection to Turquoise is a strong and logical addition to our exchange offering."

Customers connecting to Turquoise through CQG have access to OBX Index derivatives, with both futures and options contracts available. The OBX Index tracks Norway's top twenty-five blue chip companies. CQG Spreader customers now have the opportunity to leg this popular instrument against other equity index derivatives products available through CQG's global exchange offering.

Natan Tiefenbrun, CEO of Turquoise said, "We're delighted that CQG has connected to Turquoise Derivatives. This highlights our increasing presence in the market and growing appeal not just to investors but to the world's leading trading infrastructure providers. This is testament to our commitment of offering the derivatives market real choice combined with world-leading technology, lower costs, and excellence in customer service."

In addition to the OBX Index, CQG customers can now incorporate a variety of FTSE RIOB and IOB DR options and futures as well as dividend futures into their strategies using CQG's advanced trading front ends. These front-end platforms include the multilingual CQG Trader and CQG Integrated Client, CQG's flagship product, available in an enhanced and expanded CQG Integrated Client version 2013.