CQG CONNECTS TO LIFFE WITH CO-LOCATED EXCHANGE GATEWAY

Posted March 11, 2008

DENVER – CQG, an analytics and trade-routing platform for futures markets, has connected its hosted order-routing gateway to the LIFFE Connect trading system, using the new 100 Mbps high-speed access line from LIFFE, which is owned by NYSE Euronext.

In addition, CQG has acquired space and exchange gateways in LIFFE’s co-location facility, enabling it to offer high-speed, close-proximity exchange access to partner firms. CQG’s network provides low-latency connections to more than 90 cash and futures exchanges.

“The customer response to our high-speed connectivity offerings has been very positive,” says Paul MacGregor, Director Technology Partnerships at LIFFE. “We are pleased that our business partners, as well as our trading members, have supported us in this initiative, and that is reflected in the commitment CQG is making to our co-location facility.”

CQG operates market data and order-routing networks for over 30 clearing firms, enabling them to focus on core trading operations and customer business.

“This access allows us to offer unmatched performance to the members through our hosted trading gateways and specialized close-proximity connections,” says Rod Giffen, Global Head of Sales and Support at CQG.