CQG automates futures hedging in Barchart’s cmdtyView platform

Rick Steves

Barchart has partnered with CQG to automate futures hedging for physical grain trading in Barchart’s cmdtyView platform. CQG is a renowned provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges. By integrating CQG’s Hedge Management System (HMS) with Barchart’s award-winning commodity trading platform, cmdtyView, market participants will enjoy greater hedging capabilities and […]

Barchart has partnered with CQG to automate futures hedging for physical grain trading in Barchart’s cmdtyView platform.

CQG is a renowned provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges.

By integrating CQG’s Hedge Management System (HMS) with Barchart’s award-winning commodity trading platform, cmdtyView, market participants will enjoy greater hedging capabilities and connectivity.

CQG for connectivity and hedging capabilities

Merchandisers and grain buyers can easily automate the hedging of their physical grain contracts, reducing risk and streamlining workflows.

cmdtyView is then connected across the grain supply chain to farmers for submitting offers via Barchart’s Marketplace apps, as well as to grain accounting and ERP providers for managing contracts, tickets and positions; and to futures brokerage firms for execution and clearing.

Mark Haraburda, Chief Executive Officer at Barchart, said: “We are proud to partner with industry-leader CQG to enhance our enterprise solutions for physical grain buyers. Our clients trust Barchart for pricing data and analytics, pre-trade decision support and physical trade negotiation. Through this partnership with CQG, we offer a complete solution for the entire trade lifecycle, through to post-trade risk management.”

Mike Glista, CQG Senior Vice President, commented: “We are excited about this deeper partnership with Barchart. Its cmdtyView product, coupled with CQG’s infrastructure for hedge management, will offer a cutting-edge tool to farmers and merchandisers alike.”

Barchart for pricing, fundamental data, and forecasts

CQG’s new hedge management workflows combine with Barchart’s global exchange pricing, deep fundamental data, physical commodity prices, and proprietary forecasts, making cmdtyView a true end-to-end workflow solution for commodity trading.

cmdtyView is delivered as part of Barchart’s enterprise solutions for agribusiness and will help automate the entire grain origination, grower engagement, and risk management process for global agriculture:

  • Grower Apps (Marketplace): Elevator-branded mobile apps that connect farmers directly into merchandiser workflows.
  • Offer Management: Producers can easily submit offers to sell their grain via a Marketplace App and receive instant updates from elevators when offers are accepted.
  • Hedge Management: Merchandisers and grain buyers can reduce risk through automated hedging of their physical grain contracts directly in cmdtyView.
  • Accounting Automation: Merchandisers can easily supply their producers with real-time ERP data from industry-leading vendors.
  • eSignature: A simplified workflow for grain buyers to quickly issue paperless grain sale contracts to their producers, helping save time and money.
  • Connected Chat: Merchandisers can effortlessly negotiate offers in real-time with chat that links to their producers’ phones.

What have they been up to?

CQG has launched a suite of exclusive execution tools for market participants to achieve optimal trade execution, particularly for large or complex order types.

The fintech firm which caters to traders, brokers, commercial hedgers, and exchanges, has developed these features on top of the infrastructure of Blue Trading Systems (BTS), a company acquired by CQG in June 2020.

Barchart has recently launched a Microsoft Excel add-in that allows users to access extensive sets of price, technical, and fundamental market data across stocks, options, futures, currencies and crypto.

Named Barchart for Excel is the latest move by the provider of market data and trading technology to active traders and investors.

The Excel add-in also allows users to access their saved data such as Watchlists, Portfolios and Custom Views inside of Excel, as well as popular Lists, such as Today’s Top Stocks, Unusual Options Activity and Most Active Futures.

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