Chicago, IL, May 2, 2013 - Continuum today announced its partnership with Connamara Systems, LLC, a Chicago-based consulting firm, to develop and deploy FIX bridge solutions. Through FIX bridge technology, CQG's Hosted Exchange Gateways can be connected to third-party applications to provide traders access to CQG's order execution infrastructure through their current trade systems and applications.
The FIX bridge connects traders to CQG's entire offering of tradable exchanges worldwide via the company's hosted Direct Market Access, which ensures low-latency order execution regardless of a trader's geographic location. An example of this technology in practice is the recent establishment of a bridge between the TradeStation front-end platform and CQG's trading gateways. Traders with existing TradeStation trade systems can now route orders through CQG's infrastructure for execution using these trade systems.
"Part of the power of Continuum's API product suite is its flexibility in simultaneously accommodating traders' existing tools and workflow while expanding exchange access and providing added risk control," said Mike Glista, Vice President of Continuum. "Our agreement with Connamara is a strong example of our ability to offer convenient order routing infrastructure access to traders who have already invested time and energy in developing trade systems."
"With this partnership, Connamara can leverage the vast portfolio of order routing adapters offered via the Continuum APIs. This, along with our bridge software, enables users of third-party trade-signal generating applications to automate and scale their existing strategies to more markets," said Jim Downs, Founder and CEO of Connamara Systems.
The Connamara bridge uses Continuum's FIX Connect, a FIX 4.2-compatible API. FIX Connect offers support for trade systems and manual order execution, trade monitoring, and advanced risk management.
Continuum, a division of CQG, Inc., offers trade execution and data distribution for order execution and market data platforms, applications, and proprietary systems. Continuum leverages CQG's collocated Hosted Exchange Gateways as well as its access to over a hundred sources for global market data and to over forty exchanges for trade routing. Continuum is based in Chicago, Illinois with support worldwide. For more information about Continuum, please call 312-939-1568 in the United States, +44 207 827 8219 in the United Kingdom, or visit www.continuumtradingsolutions.com.
K. Michael Public Relations, LLC
Connamara is an architect and builder of online marketplaces and solutions for market participants. Since 1998, established exchanges, new marketplaces, brokerages, fund managers, and traders have turned to Connamara for its expertise and innovation in matching engines, risk monitoring, execution management, market data and order routing connectivity. Connamara is headquartered in Chicago. For more information, visit www.connamara.com.
Connamara Media Contact
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