CQG licenses Blue Trading Systems (BTS) assets to offer clients suite of custom algorithms and low-latency spreads routing

Ryan Moroney

One of the things that stands out from the market activity over the last few months has been the incredible velocity with which markets can react to world events.  During this time of high volatility, we had numerous internal discussions on product enhancements we could make to provide our customers with new solutions designed for these market conditions.  We’ve known the BTS team for a few years and have always admired the care that has gone into its products.  When the opportunity came up to license the BTS code as well as to bring Kevin on to lead the new offering, we seized on it. This approach provides us with the basis for building a high-performance algo and spreading platform that will allow our customers to thrive in markets like these.

I’m thrilled to join the highly skilled and well-respected group of professionals at CQG in an effort to build out both a comprehensive institutional algo suite and a new, faster spreader platform.  Licensing the BTS code affords us a familiar low-latency foundation on which to pursue this exciting endeavor.