CQG connects to MathWorks MATLAB

Yuriy Shterk, Vice President of Product Development, CQG: "Our joint customers will benefit greatly from the combination of MATLAB's analytical and calculation functionality and CQG's data and trading tools."

CQG Inc. has integrated its hosted market data servers and exchange gateways with MATLAB from The MathWorks, the developer of mathematical computing software.

The integration of MATLAB and CQG's software required six months of research and development and is now incorporated at no additional charge in CQG Integrated Client, CQG's trading and analytics program. The MathWorks joins the list of companies participating in CQG's Certified API Partner Program, while CQG has joined The MathWorks Connections Program.

"By providing real-time and historical data for global financial instruments to MATLAB and then receiving analytic results back, CQG offers traders a unique opportunity to analyze financial markets and, ultimately, power black boxes and automatic trading systems," said Yuriy Shterk, Vice President of Product Development at CQG. "Our joint customers will benefit greatly from the combination of MATLAB's analytical and calculation functionality and CQG's data and trading tools."

When working with CQG Integrated Client, MATLAB users can now receive real-time and historical analytical data from more than one hundred CQG-supported exchange and financial sources. The link also enables MATLAB to execute orders, creating an offering for MATLAB users simply wanting to send orders directly to market or those developing algorithm-powered automated trading systems. In addition, the integration allows MATLAB-calculated values to be imported into CQG and charted next to the underlying financial values. This gives customers the opportunity to append MATLAB analytics in trading systems developed on the CQG Integrated Client.

Steve Wilcockson, Industry Manager for Financial Services, said, "The MathWorks is delighted with this relationship. The interface enables easy import of data direct from exchanges and gives MATLAB users within CQG's customer base access to the market directly from the desktop where they are developing trading strategies; testing them; and performing risk analysis, instrument pricing, and other analytics. It makes our algorithmic trading offering even more compelling."