| ASX Welcomes CQG, Inc. to the Australian Liquidity Centre |
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19/07/2012 05:04 (305 Day 02:58 minutes ago) | |||||
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The FINANCIAL -- The Australian Securities Exchange, the leading securities exchange in Australia and a subsidiary of the ASX Group, and CQG, Inc., provider of high-performance trading and information solutions for the world’s financial community, today announced that CQG will co-locate its software, services and global connectivity network for the financial marketplace at ASX’s state-of-theart data centre, the ASX Australian Liquidity Centre, located 5km north of the Sydney CBD.
By locating within the ALC, CQG will provide the local marketplace with access to their award-winning hosted trading platform solutions and provide the local and global CQG community with low-latency access to Australian markets.
David Raper, ASX General Manager Trade Execution and Information Services, said: “ASX welcomes CQG into the expanding financial market community in the ALC. Having their software and connectivity in the ALC will extend the range of services available to the ALC community and provide CQG’s existing customers with low
Leighton Andrew, Head of Sales for CQG, Asia-Pacific said: "Co-locating in the ASX ALC data centre puts our trading infrastructure in the closest proximity to the exchange, ensuring the highest-quality experience for our customers. At the ASX ALC we are in an optimal position to deliver low-latency order execution and maximum performance from our server-side trading tools, including CQG Spreader and market aggregation.”
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