CQG and Matador Prime Team Up to Provide FX Liquidity on CQG Products

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Nov 13, 2018, 07:00 ET

CHICAGO and DENVER, Nov. 13, 2018 /PRNewswire/ -- CQG, a leading global provider of high-performance trading, market data, and technical analysis tools, announced today that the firm has collaborated with Matador Prime, a market-leading, global institutional broker. Matador's unique liquidity offering includes pricing and execution services for spot foreign exchange (FX) and contracts for difference (CFD) indices. Through the partnership, CQG's customers can access Matador's liquidity and trade directly with Matador Prime.

In addition to providing liquidity, Matador also will offer CQG customers access to its proprietary alpha-seeking FX Algorithmic model.

CQG Senior Vice President Mike Glista said: "Our customers are increasingly looking at the FX markets as a trading opportunity, and it's our goal to provide them with reliable, transparent liquidity. Matador's spot FX contracts and CFD indices greatly enhance our FX offering."

Victor Simon, Matador Prime's New York-based CEO, said: "I am confident Matador will provide value-added services to CQG clients by leveraging our proprietary technology to deliver both custom market making, as well as successful returns from our alpha-generating model. Fully integrating our offering into the high-end CQG trading solution will provide users with a great trading experience."

About CQG

CQG provides the industry's highest performing solutions for trading, global market data, and advanced technical analysis. The firm partners with the vast majority of futures brokerage and clearing firms and provides Direct Market Access (DMA) to more than 45 exchanges through its global network of co-located Hosted Exchange Gateways. CQG's server-side order management tools for spreading, market aggregation, and smart orders are unsurpassed for speed and ease of use. Its market data feed consolidates more than 75 sources, including exchanges worldwide for futures, options, fixed income, foreign exchange, and equities, as well as data on debt securities, industry reports, and financial indices. CQG has received the Prop Traders' ISV of the Year award from FOW (now Global Investor Group), the Best Technical Analysis Platform award from The Technical Analyst, and the Best Product for Traders award from Finance Magnates for its multi-asset trading platform. CQG is headquartered in Denver, Colorado, with sales and support offices worldwide.

About Matador Prime

Matador Prime is an institutional-oriented brokerage group with entities around the globe. With its unique liquidity, the firm is able to serve the most demanding clients using more than 35 Tier 1 banks and ECNs, both from the NY4 data center. Its aggregation capabilities produce an extremely competitive spread in both the guaranteed and non-guaranteed execution main price feeds.

SOURCE CQG