WhenTech Partners With CQG for Trade Execution
(Marketwire Via Acquire Media NewsEdge) NEW YORK, NY -- (Marketwire) -- 05/16/12 --
WhenTech LLC, the premier provider of option pricing, analytics and risk management software solutions to the futures and commodities options industry, announced that its core product, WhenTech Markets®, is now available with option trade execution capability through an integration with CQG, Inc.'s CQG Trader platform.
This integration is available in WhenTech Markets® version 8.2 (and later). Commenting on the newly-offered capabilities, WhenTech's Founder and CEO, Dave Wender, said, "We are delighted to have CQG as our newest partner with whom we offer execution capability. In addition to offering another high-quality execution platform as a partner, CQG is recognized as a global leader in the delivery and support of sophisticated trading solutions, which will enable WhenTech to gain greater international market penetration."
Wender added, "In 2011 we introduced the ability to create and route option orders to, and to receive real-time fills from, third-party execution applications. Now we have expanded that capability significantly to offer our customers a choice of execution platforms to meet their varied needs and to recognize their existing relationships. As always, we will strive to meet the ever-changing and increasingly complex needs of traders, market-makers, risk managers, exchanges, clearing firms and the commodities and futures options community in general."
"We are pleased to contribute to WhenTech's offering in the options space," said Mike Glista, CQG's Director of Order Routing. "This recent partnership with WhenTech demonstrates our commitment to offering enterprise solutions to companies seeking trade routing integration."
WhenTech Markets® is an advanced option pricing and risk management platform, offering sophisticated analytical and pricing tools with a simple-yet-powerful user interface, featuring a patented method allowing quick, point-and-click pricing for nearly all options/futures spreads. WhenTech Markets® can be optimized for either the desktop or the trading floor, and supports approximately 250 commodities traded on most major exchanges.
About WhenTech LLC
Founded in 2004, WhenTech LLC is a leading provider of technology, software and information services to the futures and commodities options industry, including traders, brokers and various exchanges throughout the world. Through its core pricing and risk management software, WhenTech Markets®, the Company is truly defining "The Future of Options®." WhenTech is headquartered in New York City, with on-site customer support offices at CME/CBOT in Chicago and NYMEX in New York. Learn more about WhenTech and take a tour of WhenTech Markets® at www.whentech.com, visit our blog at blog.whentech.com, email us at email@example.com or call +1 (212) 571-0042 in New York, or +1 (312) 488-2498 in Chicago.
About CQG, Inc.
CQG, Inc. provides the industry's highest-performing solution for integrated trade routing, global market data, and advanced technical analysis. CQG partners with more than fifty Futures Commission Merchants and provides Direct Market Access to more than forty exchanges through its worldwide network of collocated CQG Hosted Exchange Gateways. CQG's market data feed consolidates over a hundred 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 is headquartered in Denver, Colorado with sales and support offices worldwide. For more information about CQG, please call 1-800-525-7082 or visit www.cqg.com.
For Further Information About WhenTech Contact:
Jeffrey A. Tischler
Chief Operating Officer
+1 (212) 571-0042
+1 (312) 488-2498
Source: WhenTech LLC
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