CQG and The Technancial Company Ltd Cooperate on Real-Time Risk Management The Technancial Company Ltd. (TTC) and CQG, Inc. have agreed to integrate TTC's JANUS Risk Manager, a real-time, pre-trade, and post-order risk monitoring system with CQG's market data and trading infrastructure via FIX/FAST APIs.
LONDON, March 31, 2014 /PRNewswire-iReach/ -- The Technancial Company Ltd. (TTC) and CQG, Inc. have agreed to integrate TTC's JANUS Risk Manager, a real-time, pre-trade, and post-order risk monitoring system with CQG's market data and trading infrastructure via FIX/FAST APIs.
TTC will connect JANUS Risk Manager to CQG's market data, instrument master, FIX drop copy service, as well as order routing interfaces. .This integration gives CQG users the opportunity to fine-tune risk management not only on the basis of post-trade volume and P&L checks, but also with more sophisticated aggregated risk checks. These include pending orders and controlling risk using exchange margin calculations on multiple portfolios in an FCM or trading company's environment. This helps both the trader and the FCM manage risk and optimize intraday margin use, giving both the comfort that each party's primary concerns are well-addressed: Traders can now utilize more of their collateral to trade, while clearers will be able to dynamically and economically control risk for traders, groups of traders, and even third-party non-clearing FCMs' exposure to the market.
This co-operation utilizes the best of CQG's high-speed market access and global reach, hand in hand with TTC's nearly 10 years of experience in managing brokers' and traders' buying power accurately and quickly. TTC's 70+ possible risk controls, more than 60 Exchange Initial Margin algorithms, combined with CQG's broad range of professional trading tools and markets, provides a level of service that is a required benchmark for most of today's market participants.
Mike Glista, Director of Order Routing at CQG, commented, "This is another step towards ensuring that the integrity of market participants is assured – and at the same time, the FCM business can continue to grow and be ever more efficient in a marketplace where margins are very tight."
TTC's Mirko Marcadella, Global Head of Business Development added: "Traders and fund managers may also use this to assess the effect of new or reduced positions on their portfolios, optimizing their exposure to the market and their cash management intraday, and minimizing effort in actively managing collateral allocation as the position and the markets change."
About CQG, Inc.
CQG, Inc. (www.cqg.com) provides high-performance trade routing, global market data, and advanced technical analysis. CQG partners with more than eighty Futures Commission Merchants 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 Best Technical Analysis Platform award from The Technical Analyst. CQG is headquartered in Denver, Colorado with sales and support offices worldwide.
K. Michael Public Relations
About The Technancial Company ltd
The Technancial Company ltd (www.technancial.com) is focused on delivering real-time risk management and trade surveillance tools to and for global markets. The Technancial Company's products JANUS Risk Manager, JANUS Margin Engine and JANUS Trade Surveillance are used by global institutions across markets, regions and assets to supervise their trading, market making, DMA and HFT activities. More than 70 risk checks and more than 60 clearing houses margin algorithms are supported today by the JANUS Platform and can be used in pre-trade, post-order (at-trade) and post-trade to manage market, credit and operational risk in today's low latency environments.
+44 7557 415834 / +39 3483313368
Media Contact: Mirko Marcadella, The Technancial Company ltd, +3902583431, firstname.lastname@example.org
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SOURCE The Technancial Company ltd