CQG’s strategic partnership will allow Aquarius to launch its first institutional grade cryptocurrency alternate in Q3 2021
LONDON and CHICAGO and DENVER, March 4, 2021 /PRNewswire/ — Aquarius Monetary Applied sciences Ltd. (Aquarius), a subsequent technology buying and selling know-how supplier, immediately introduced a strategic partnership with CQG, a number one world supplier of high-performance know-how options for merchants, brokers, business hedgers, and exchanges. The partnership will assist Aquarius’ imaginative and prescient to launch an institutional-grade world cryptocurrency alternate utilizing CQG’s proprietary know-how.
Below the partnership, CQG will present Aquarius with its buying and selling interfaces, infrastructure, and API connectivity, in addition to entry to greater than 45 tradable, world exchanges and greater than 85 market information sources. The alternate is scheduled to launch within the third quarter.
“We’re delighted to welcome CQG as a key go-to-market companion,” stated Richard Lane, co-founder of Aquarius. “We’re quickly to shut our collection A funding spherical on the finish of March 2021, and this settlement marks one other essential milestone for Aquarius, enabling us to grasp our ambition to launch and develop a fairer buying and selling setting of institutional-grade commonplace for all buyer varieties. We’re excited to align our distinctive commerce matching know-how with CQG’s market-leading technical and operational excellence.”
CQG President Ryan Moroney stated: “We’re excited in regards to the alternative to play a job in supporting this progressive new alternate. We look ahead to contributing to the longer term success of Aquarius with our broad community and deep technological and market experience.”
About Aquarius Monetary Applied sciences
The Aquarius group of technologists and merchants have been creating subsequent technology commerce matching applied sciences for over 20 years. Its forthcoming product is the Aquarius cryptocurrency alternate. Aquarius’ group is predicated in Zurich and London and attracts on its group members’ former expertise at Goldman Sachs and UBS to set new requirements for the world’s foreign money alternate trade.
CQG gives the trade’s highest performing options for merchants, brokers, business hedgers, and exchanges for his or her market-related actions globally, together with buying and selling, market information, superior technical evaluation, threat administration, and account administration. The agency companions with the overwhelming majority of futures brokerage and clearing companies and gives Direct Market Entry (DMA) to greater than 45 exchanges by means of its world community of co-located Hosted Alternate Gateways. CQG know-how serves because the entrance finish for quite a lot of exchanges and is more and more employed because the over-the-counter matching engine for essential new markets. CQG’s server-side order administration instruments for spreading, market aggregation, and good orders are unsurpassed for pace and ease of use. Its market information feed consolidates 85 sources, together with exchanges worldwide for futures, choices, fastened earnings, international alternate, and equities, in addition to information on debt securities, trade experiences, and monetary indices. One of many longest-serving know-how options suppliers within the trade, CQG has gained quite a few awards for its buying and selling software program, technical evaluation and multi-asset buying and selling platform. CQG is headquartered in Denver, with 16 gross sales and assist workplaces and information facilities in key markets globally. For extra data, go to www.cqg.com.
SOURCE CQG; Aquarius Monetary Applied sciences Ltd.