CQG announces partnerships with Small Exchange, PanXchange

CQG has announced two, separate new partnerships with the Small Exchange and PanXchange. The tie-up with PanXchange will empower CQG clients with PanXchange’s cutting-edge frac sand pricing data, providing CQG clients with an added advantage when making energy trades.

Meanwhile, The Small Exchange, which aims to become the world’s largest customer-centric futures exchange, will be tapping into CQG’s trading, market data, technical analysis, and account and risk management solutions.

“We value the work the Small Exchange is doing to provide increased access to futures markets for traders, particularly these first few indices. Adding the Small Exchange to our exchange network is a great opportunity for CQG’s global customers,” said CQG’s Pat Kenny.

The Small Exchange is launching with five cash-settled contracts that will follow Small Exchange indices across asset classes, including equities, metals, energy, foreign exchange and interest rates. CQG will provide the trading user interface for exchange participants globally. As the Small Exchange expands, its goal is to become a leader in enabling access to futures contracts for any investor, no matter the size.

“In keeping with the Small Exchange mission of bringing more participants to the futures markets and furthering the futures marketplace, we are thrilled that our partnership with CQG will enable exchange participants worldwide to access our market,” said Don Roberts, president and CEO the Small Exchange. “We wanted a partnership with a ‘second to none’ trading platform with exemplary tools that would increase our reach almost immediately, and we found it with CQG.  We are well on our way to fulfilling our mission by leveraging CQG’s solutions.”

“This partnership not only puts PanXchange on the same top shelf as other major market data providers, but also signals the increasing importance of this data to global traders. We’re pleased to be able to expand the access to our data by working with our trusted partner with broad reach in the market, CQG,” said Julie Lerner, founder and CEO of PanXchange.

Benchmark data will be available via API and spreadsheet. PanXchange clients represents almost half of all sand trades.

“We’re thrilled to work with PanXchange on offering this valuable data to our clients. This initiative builds on our recent growth in energy and over-the-counter markets, offering our clients another great tool for honing their trading and managing their risk,” said CQG President Ryan Moroney.