CQG rolls out its 2019 Version of the Year software upgrade

Maria Nikolova

The new features range from free End-of-Day data to new studies and chart types.

Provider of high-performance trading, market data, and technical analysis tools CQG has just announced the release of its 2019 Version of the Year software upgrade. The Version of the Year marks the firm’s annual required upgrade and offers the benefits of many new features to CQG’s entire customer base.

For starters, the list of new features available in CQG Version of the Year includes free End-of-Day data. Early adopters say they like seeing end of day data for exchanges they were not enabled to see before because it helps them look for correlation between similar markets and identify new trade opportunities.

The list of novelties continues with the addition of server side Bracket Orders, which give CQG customers an added level of security, allowing them to set their profit and loss targets around an order to protect the price they are looking for as the market moves.

Further, NFX & CQG are bringing back the power of the floor with an anonymous RFQ Block System. Customers can post and respond to block orders away from the exchange order book, protecting against over exposure and guaranteeing a price for their order. Order matching occurs on CQG’s internal matching core and fills are reported by CQG to the end user and posted to the exchange for clearing and market data purposes.

For Excel users, CQG offers two new studies and a new chart type. The XL Real-Time study (XLRT) allows traders to specify a cell from an Excel sheet and import live data from that cell into CQG IC for charting and analysis or trading. The XL Time Series Study (XLTS) allows traders to pull into CQG live and historical data for charting analysis, auto trading and more. The XL Time Series Chart type enables them to display a bar chart using imported data from Excel.

Three moving average types have been added to the moving average study: Median, Trix and Exponential Hull Moving Average.

Finally, CQG offers an estimate regarding where traders’ orders are in the queue to be executed at a given price.

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