Broker-focused fintech firm CQG has agreed to deliver front-end platforms to institutional crypto exchange DVeX so the operator’s clients get access to cutting-edge trading tools and analytics.
DVeX was created by the founders of DV Trading to launch a leading institutional cryptocurrency trading platform that leverages decades of experience as market makers and liquidity providers on traditional exchanges.
Dino Verbrugge, Founder at DV Group, said: “The DV team is excited to announce our partnership with CQG, which will enable DV to advance our vision of creating a true institutional trading environment for crypto assets. DVeX is now integrated with CQG’s platform, streaming live, reliable and actionable cryptocurrency prices directly to CQG’s clients, who will now be able to add DVeX as an additional venue to transact cryptocurrencies just as they would any other exchange.”
Alli Brennan, CQG Chief of Staff, said: “CQG’s suite of trading products, along with our connectivity to futures exchanges listing cryptocurrencies, gives DVeX customers consolidated access to more trade opportunities and the tools they need to make smart decisions. We’re excited to partner with DVeX to reach new institutional crypto traders and offer an exciting opportunity to our existing network of customers who will have access to this important new marketplace.”
CQG’s multi-asset offering – including global equities, contracts for difference (CFDs), Foreign Exchange (FX) and Commodities – has seen growing demand from the trading industry. Australia-based JB Prime has deployed CQG’s platform last year.
The fintech firm provides high-performance solutions for trading, market data, technical analysis, and risk and account management. The firm has added Eventus’ market surveillance tools to its suite of add-ons. The move allowed futures commission merchant (FCM) partners, like GAIN Capital, to increase their risk management and surveillance capabilities on CQG.
In April 2018, CQG started to offer Quantitative Brokers’ suite of premium execution algorithms on the CQG’s platform, giving customers access to sophisticated trading strategies without the need for custom development.
