The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

CQG Integrates with FOW TRADEdata Xymbology

FOW TRADEdata announced today the integration of CQG instrument codes into its Xymbology product for the futures and options market. Xymbology is an identifier mapping service for exchange-traded futures and options contracts.

CQG is a provider of integrated order execution, charting, and analytics for global, electronically traded futures markets. CQG offers real-time and historical data integrated with graphics, technical analysis tools, and trade routing, serving individual and institutional traders worldwide.

In response to customer needs for high quality cross-mapping of vendor symbology, the Xymbology service continues to build up FOW TRADEdata’s portfolio of instrument identifiers used by ISVs and market data vendors through collaboration with key providers in the futures and options space. CQG futures and options identifiers will be distributed through FOW TRADEdata’s Xymbology service to user firms to enable more product choice and competitive advantage through efficient trade processing of futures and options contracts within a multi-vendor operational environment.

Mark Woolfenden, FOW TRADEdata’s managing director, described the addition of CQG to the Xymbology stable as very timely given the continuing success of CQG in providing competitive alternative pricing services and analytical functionality to a very demanding industry entering a new era of trading change. “We are very pleased to be working with CQG in this genuinely mutual way, where FOW TRADEdata’s specialist skills in outsourced data services and domain expertise in futures and options will complement what CQG has to offer our mutual clients.”

Paul Armer, CQG’s European sales manager, said, “In today’s multi-platform marketplace, where competition is tight, being able to offer traders easy symbology mapping is proving a must-have asset. The addition of Xymbology allows CQG to be part of the wider-growing choice for both private and institutional clients worldwide.”

Related content

WEBINAR

Recorded Webinar: Managing the transaction reporting landscape post Brexit: MiFID II, SFTR, EMIR

The transaction reporting landscape has, for many financial institutions, expanded considerably in size since the end of the UK’s Brexit transition period on 31 December 2020 and the resulting need for double reporting of some transactions to both EU and UK authorities. It has also changed dramatically following the UK government’s failure to reach equivalence...

BLOG

Refinitiv Highlights Data Governance, Cloud and Operational Resilience as Key Components of Connected Data and Revenue Generation

Connecting data across a financial services organisation from the back office, through the middle-office and on to the front-office can deliver operational resilience, business agility, and opportunities to generate revenue – it can also be difficult to achieve in a market characterised by fragmented systems, a lack of data consistency, and resistance to change. A...

EVENT

Data Management Summit London

The Data Management Summit Virtual explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.

GUIDE

Entity Data Management Handbook – Seventh Edition

Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...