CQG’s high performance trading front-end platforms will now be available for the Asia-Pacific traders as well. CQG has partnered with Philip Futures Pte Ltd., a Singapore based company and the latter will be responsible in extending the user base of CQG. The news was announced through a joint press conference.
The Chief Operating Officer of CQG, Rod Griffen announced that this partnership with Philip Futures marks an important milestone for the company. He added that this partnership will help CQG to have a growth in the Asia-Pacific region. Rod Griffen also commented that he hopes that thus CQG will bring a competitive edge to the traders.
Philip Future incidentally is the biggest retail broker of Singapore. In addition, it is also the founding clearing member of the Singapore Exchange Derivatives Trading, also known as SGX-DT. It provides access to numerous asset classes of different ranges. With help of this partnership, Philips Futures will be able to use the integrated client of CQG. This is the flagship platform of CQG and the same is used to help traders for sophisticated technical analysis, low latency order execution, route orders to exchange worldwide or provide reliable market data. The quotes provided by this platform work absolutely on real-time basis. The order management process supports several languages including two prominent Asian languages: Japanese and Chinese.
The CEO of Philip Futures, Teyu Che Chern, stated that they are looking forward to offer the CQG products to their full time professional customers. He added that Philips Future has already launched a professional trading development hub and through that, they are expecting to increase their client base. In such a situation, the introduction of CQG platform will help the company greatly, as commented by Chern. He expects that as CQG has all the powerful trading tools that a professional trader may require for proper performance charting, professionals will find the same to be very attractive.
With help of the hosted infrastructure, CQG provides the traders with a highly scalable solution. Through this platform, the trading partners are able to access the global markets quickly. The infrastructure is expected to be enhanced further in the future with more focus on the Asia-Pacific region. CQG is currently considering establishing a direct connectivity with the HKFE and also building a data center in Shanghai.