CQG, Lime Trading Corp. Build on Relationship to Give CQG Clients Ready Access to U.S. Equity Venues and Trade Execution
CHICAGO / NEW YORK – Oct. 25, 2022 – CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers and exchanges, and Lime Trading Corp. (Lime), a technology-driven agency-only execution broker-dealer, today announced an expansion of the firms’ partnership that leverages the expertise and technology that each company brings to the table. CQG’s front-end trading platforms are now integrated and certified into Lime’s back end for trade execution, giving CQG institutional and retail clients the ability to seamlessly access Lime’s low-latency execution services and gateways to a full range of U.S. exchanges and dark pool venues for equity trading.
Johan Sandblom, CEO of Lime Trading Corp, said: “We are excited about the partnership with CQG in which we offer both our services as an executing broker and our sophisticated, liquidity-seeking algorithm – a smart order router that searches for optimal liquidity in a fragmented marketplace. We’re leveraging the technology we built for the demanding low-latency trading community with CQG’s powerful multi-asset trading platform. This is a win for everyone involved – most importantly the clients.”
Alli Brennan, CQG Managing Director, Head of Americas and EMEA, said: “We’re delighted to provide our institutional, proprietary trading and retail clients with this broadened access to the U.S. equities markets through Lime’s high-quality trade execution capabilities and technology. We are seeing a lot of demand for our multi-asset offerings, and this integration gives clients the unique ability to trade and spread futures and equities on a single platform.”
Built on low-latency infrastructure, the Lime smart router provides fast and advanced trading technology, which results in enhanced “child order” placement, offers comprehensive routing logic between exchanges and dark pools, and includes parallel and sequential venue sweeping.
About CQG
CQG provides the industry’s highest performing solutions for traders, brokers, commercial hedgers and exchanges for their market-related activities globally, including trading, market data, advanced technical analysis, risk management, and account administration. The firm partners with the vast majority of futures brokerage and clearing firms and provides Direct Market Access (DMA) to more than 45 exchanges through its global network of co-located Hosted Exchange Gateways. CQG technology serves as the front end for a variety of exchanges and is increasingly employed as the over-the-counter matching engine for important new markets. CQG’s server-side order management tools for spreading, market aggregation, and smart orders are unsurpassed for speed and ease of use. Its market data feed consolidates 85 sources, including exchanges worldwide for futures, options, fixed income, foreign exchange, and equities, as well as data on debt securities, industry reports, and financial indices. One of the longest-serving technology solutions providers in the industry, CQG has won numerous awards for its trading software, technical analysis and multi-asset trading platform. CQG is headquartered in Denver, with 16 sales and support offices and data centers in key markets globally. For more information, visit www.cqg.com.
About Lime Financial
Established in 2000, Lime’s founders were hedge fund traders who couldn’t find a brokerage firm to meet their needs for volume, speed, and privacy — so they created one. Today, Lime Financial is expanding competitive access to everyone who values quality execution. Lime is filling a vacuum between the bulge bracket banks and retail brokerage firms. As an agency broker, Lime is committed to a client-first approach to performance. The Lime Financial brand is comprised of Lime Trading Corp., an SEC-registered broker-dealer, Lime Advisory Corp., an SEC-registered investment adviser, and Lime Crypto LLC. Securities are offered through these regulated entities. Lime Trading Corp. is an SEC-registered broker-dealer, and a member of FINRA/SIPC/NFA. For more information, visit https://www.lime.co/.
