CQG to provide connectivity to CRYEX crypto currency trading platform

STOCKHOLM - June 9, 2015 - PRLog -- CRYEX, the new digital currency trading and clearing platform, is partnering with CQG, the high-performance trade routing, global market data and advanced technical analysis provider, to offer connectivity to its members and participants from launch.

CRYEX will provide a trusted gateway between the traditional regulated financial industry and digital currencies. The new trading and clearing platform will enable regulated market participants to trade both FX and digital currencies through a single point of entry, providing a wide range of highly demanded products.

“CQG offers CRYEX members and other market participants a tier one order-routing, risk management and data analysis system,” said Scott Millar, Founder of CRYEX. “The CQG partnership is a key component of the CRYEX mission to offer broad access to exciting new tradable assets to market partcipants.”

The connection capitalizes on CQG's strengths in market data access and low-latency trade routing. CQG offers direct access to CRYEX through all of its platforms, including CQG M, a scalable and versatile mobile application that offers global market data and innovative trading interfaces for electronic trading and order management. Built using HTML5, protobuf, and websocket technologies, CQG M has been designed to deliver the best cross-platform and device performance whilst providing all the functionality traders require.

Rod Giffen, President of CQG commented, “Expanding CQG connectivity into the crypto currency world is an exciting addition to our global market coverage. We are pleased to bring the CRYEX offering to our clients.” He added, “This partnership will provide thousands of new CRYEX customers with market access via our new HTML5 product, which can deliver quotes, trading and order management on phones, tablets, PCs and Macs ‘on the go’.”

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About CRYEX
CRYEXoperates a European members-only marketplace for trading FX, including digital currencies like bitcoin and other crypto currencies enabling regulated market participants to trade a suite of spot products – and eventually derivative products − in a highly secure and regulated environment.

The CRYEX platform is underpinned by financial-grade architecture and tier one technology partners including Cinnober who will provide turnkey solutions for trading and real-time clearing. The platform will be supplied as a managed service, enabling CRYEX to fully focus on developing and operating its business.

CRYEX management are experienced banking/exchange executives with a record in banking, FX markets, technology, regulatory matters, risk management and security.

The company announced recently that it has filed an application with the Swedish Financial Supervisory Authority (Finansinspektionen) to become a regulated clearing organization.

For additional information, please visit www.cryex.com

About CQG

CQG (www.cqg.com) provides high-performance trade routing, global market data, and advanced technical analysis. CQG partners with more than one hundred Futures Commission Merchant environments and provides Direct Market Access to more than forty 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. CQG's market data feed consolidates more than seventy-five 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 and the Best Technical Analysis Platform award from The Technical Analyst. CQG is headquartered in Denver, Colorado with sales and support offices worldwide.

For additional information, please visit www.cqg.com