About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

CQG Connects to Brazilian Exchange B3 for Trading and Market Data

Subscribe to our newsletter

Trading solutions provider CQG has added Brazilian Exchange B3, one of the world’s largest financial market infrastructure companies, to its global network of exchanges, enabling clients to obtain trading and market data access to the Brazilian markets for their listed commodities, interest rates, treasury, and equities products.

B3 futures contracts are now live on the system, and equities will be available within the next couple of weeks, according to Alli Brennan, Managing Director and Head of the Americas at CQG. “We’re currently onboarding many of the executing brokers in the Brazilian region, because international partners wanting access to B3 have to have a relationship with a broker in Brazil, so right now we’re going through that process,” says Brennan.

Demand for access to B3 is global, says Brennan. “In Europe, the demand is mostly coming from brokers; we have several FCM partners that want to add this to their network as an offering for their customers. We also have some demand from Asia, again being driven by the brokers there. And here in the States, we’ve got a mix of everything, including a couple of prop firms that are ready to go live, who already had some relationships established in Brazil. There’s a lot of opportunity for arbitrage between the US markets and the Brazilian markets for lookalike and similar products.”

The next phase of the rollout will be to provide access to the international markets for traders in Brazil, says Brennan. “There is institutional demand in Brazil for trading software that can provide international access to B3, to CME, and to Asian and European markets. Also, there’s a retail audience that really likes our mobile platform, and is looking for a way to trade both B3 and international markets on that. That’s our phase two approach. We’re starting with the international partners and then looking at relationships in Brazil, once that phase is live and up and running.”

Longer term, CQG is focusing on diversification, says Brennan. “We’re a mainstay in the futures and options on futures space, we’ve got fixed income, and we also have equities on some of the US, European and now Brazilian exchanges. We’re now starting to look at the equity option space, as we’re seeing a lot of demand for that. There’s also demand for digital assets and cryptocurrency. We’ve already announced a couple of partnerships with crypto exchanges, and there are a couple more that are in the queue for later this year. So within 2022, we’ll have an even more robust platform, offering virtually every asset class globally.”

CQG is headquartered in Denver, with 16 sales and support offices and data centres in key markets globally.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Market Data in the Cloud: Fuelling the next generation of data delivery solutions

Moving market data and infrastructure to the cloud has accelerated in recent years as financial firms have acknowledged the benefits of data accessibility, scalability, efficiency and the possibility of reducing sometimes sky-high costs of sourcing and managing the data. Market data in the cloud also offers a low-cost development environment and is finding use case...

BLOG

Drilling Down on the IPC and Kaiko Partnership – Perspectives from the CEOs

Communications and connectivity solutions provider IPC recently announced a partnership with Kaiko, the cryptocurrency market data provider, to deliver enterprise-grade data to IPC’s Connexus Crypto ecosystem. Launched last year, Connexus Crypto is IPC’s flagship solution for cryptocurrency trading, designed to support complex trading strategies. The solution enables users to implement cryptocurrency arbitrage, providing low latency...

EVENT

A-Team Briefing: Cloud Innovation for Data Ops

This Innovation Briefing will explore approaches to data infrastructure transformation, technologies required and how to make sure processes are optimised to support real time data management. Hear from leading practitioners and innovative technology solution providers who will share insight into how to set up and leverage your data infrastructure to provide user access to consistent data and analytics, and companies the ability to monetise their data.

GUIDE

ESG Handbook 2023

The ESG Handbook 2023 edition is the essential guide to everything you need to know about ESG and how to manage requirements if you work in financial data and technology. Download your free copy to understand: What ESG Covers: The scope and definition of ESG Regulations: The evolution of global regulations, especially in the UK...