The Small Exchange, a budding futures exchange awaiting regulatory approval, today revealed an alliance with CQG, a firm that provides trading solutions, technical analysis software, market data, account and risk management systems for market participants. The partnership will give Direct Market Access to participants on the Small Exchange via CQG’s platform.
This is the second major partnership announced by CQG this year following its February alliance with JB Prime.
The Small Exchange was developed with the main goal of bridging the existing product gap in the futures market by being a client-focused futures exchange open to all types of investors. The Small Exchange plans to offer five contracts that settle in cash, which will track interest rates, equities, energy, metals and foreign exchange. The collaboration will bring CQG’s front-end trading capacity, which will provider greater accessibility to Small Exchange users from across the globe.
The President and CEO of the Small Exchange, Don Roberts commented:
In keeping with the Small Exchange mission of bringing more participants to the futures markets and furthering the futures marketplace, we are thrilled that our partnership with CQG will enable exchange participants worldwide to access our market. We wanted a partnership with a ‘second to none’ trading platform with exemplary tools that would increase our reach almost immediately, and we found it with CQG. We are well on our way to fulfilling our mission by leveraging CQG’s solutions.
CQG’s Senior Vice President of Client Relations, Pat Kenny added:
We value the work the Small Exchange is doing to provide increased access to futures markets for traders, particularly these first few indices. Adding the Small Exchange to our exchange network is a great opportunity for CQG’s global customers.