CQG Launches New Proprietary Trade Execution Engine - CQG AutoTrader

Leading market data provider for financial markets, CQG, has extended its research and back-testing functionality by launching its new automated Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. The new platform, CQG AutoTrader, is a proprietary trading execution engine that allows customers to execute numerous trading strategies simultaneously. The move highlights the growing importance of automated trading solutions.

The US origin data provider will offer the new trading portal as an extension to its core research package thus allowing users to execute multiple trading strategies on the same platform.

"CQG AutoTrader complements our existing back-testing offering and provides traders with a full service suite to develop, test and execute their systems automatically in a fast and systematic way," said Vesna Straser, CQG Director of Trading Analytics in a statement.

"Automating strategies allow traders to be more disciplined and results focused, while also providing increased transparency and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term," Straser added.

The new trading platform will be integrated into the firm's flagship product CQG Integrated Client (CQG IC). In addition, the new platform enables users to execute a vast range of order types. CQG AutoTrader supports numerous order types and allows customers to configure execution parameters related to price, size and timing of orders. It is integrated with various P&L and position monitoring modules in CQG where traders can track their trading signals and positions on charts and trading interfaces. CQG AutoTrader can be used in live or demo trading modes.

CQG’s diverse offerings are used by professional and institutional trading firms. Recently, the firm enhanced listed instruments coverage, adding Eris Exchange to the list of exchanges available in its network. The firm also provides extensive coverage of the global currency markets through its CQG FX solution.

A spokesperson for the firm provided additional details about the platform in a comment to Forex Magnates: "AutoTrader was developed in-house and can used to auto execute any trading system developed in CQGIC. It can be applied to a range or charts, times frames, and technical indicators available on CQG platform. CQG AutoTrader supports various order types and allows users to configure execution parameters related to pricing, sizing, and timing of orders. It is integrated with various P&L and position monitoring modules in CQG and it can be used in live or demo trading modes."