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Advfn Regulatory News (AFN)



Regulatory News for Advfn (AFN)


Share Price: 3.90Bid: 3.80Ask: 4.00Change: 0.00 (0.00%)No Movement on Advfn
Spread: 0.20Spread as %: 5.26%Open: 3.90High: 3.90Low: 3.80Yesterday’s Close: 3.90





Partnership with Continuum

Tue, 9th Nov 2010 07:00

RNS Number : 8353V
ADVFN PLC
09 November 2010
 

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ADVFN plc ("ADVFN")

 

Continuum partners with ADVFN to provide Global Order Routing Connectivity

 

CQG, Inc., the industry-leading order execution, charting, and analytics provider for global, electronically-traded securities, today announces a partnership between Continuum, its enterprise trade execution and data distribution solutions division, and ADVFN, a global financial market data website (www.advfn.com), to offer trade execution functionality to ADVFN's extensive client base.

 

The partnership enables ADVFN customers to connect to CQG's global infrastructure using Continuum's FIX Connect:  A FIX 4.2-compatible API providing trade routing connectivity to CQG's hosted order routing exchange gateways. With this implementation, ADVFN customers will now be able to trade global markets though CQG's gateways.

                                                             

"Continuum's product line is perfect for firms, such as ADVFN, looking to expand their services to their customers," said Mike Glista, Vice President of the Continuum division and CQG's Director of Order Routing. "Now, ADVFN customers will have the ability to execute trades from the ADVFN Web site via CQG's gateways."

 

With a presence in Europe and North and South America, ADFVN provides professional-quality market data from exchanges worldwide to more than two million registered users. Coverage includes depth-of-market data from a number of exchanges and spans a wide range of asset classes. By leveraging its partnership with Continuum, ADVFN will add trade routing connectivity to its suite of services.

 

"ADVFN is used by millions and it is an ideal platform to link users to their brokers and the market. Enabling transactions through ADVFN opens a new chapter for the company and CQG is an ideal partner for this development," said Clem Chambers, CEO of ADVFN.

 

Firms seeking customized, enterprise-level trading solutions can take advantage of Continuum's API offerings to realize low-latency order routing execution and real-time and historical market data delivery objectives.  Front-end functionality is empowered by Development Library, Continuum's out-of-the-box code resource. Access to CQG's global infrastructure is available via an ASP model with Continuum Connect, Continuum's enterprise data and trading API. Fix Connect, Continuum's Fix 4.2-compatible API, provides access to hosted order routing exchange gateways. FIX/FAST Direct provides real-time global market data feeds for analysis, proprietary use, and integration into electronic trading applications.

 

- Ends -

 

About CQG, Inc.

CQG, Inc. is the industry's highest-performing solution for integrated trade routing, global market data, and advanced technical analysis. CQG partners with more than fifty Futures Commission Merchants and provides Direct Market Access to more than forty exchanges through its worldwide network of collocated CQG Hosted Exchange Gateways. CQG's market data feed consolidates over a hundred 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. CQG is headquartered in Denver, Colorado with sales and support offices worldwide. For more information about CQG, please call 1-800-525-7082 or visit www.cqg.com.

 

About Continuum

Continuum, a division of CQG, Inc., offers trade execution and data distribution for order execution and market data platforms, applications, and proprietary systems. Continuum leverages CQG's collocated Hosted Exchange Gateways as well as its access to over a hundred sources for global market data and to over forty exchanges for trade routing. Continuum is based in Chicago, Illinois with support worldwide. For more information about Continuum, please call 312-939-1568 in the United States, +44 207 827 8219 in the United Kingdom, or visit www.continuumtradingsolutions.com

 

Contact Information:

Josh Passman

CJP Communications

212.279.3115 x 203

jpassman@cjpcom.com

 

About ADVFN

 

ADVFN (www.advfn.com) is Europe and South America's leading financial market website. With full real-time coverage of the London Stock Exchange, the euronext-liffe, PLUS Markets, NASDAQ, Amex and NYSE, including FTSE, and Dow and S&P indices, ADVFN provides professional quality information to the person on the street.

 

ADVFN was established in the last quarter of 1999 and floated on AIM in March 2000. It now has over 2,000,000 registered users who generate in excess of 300 million page impressions a month. In September of 2006, ADVFN acquired InvestorsHub.com an online investment community website in the North American market.

 

Contact Information:

Francesca De Franco

020 7070 0932

francescad@advfn.com

 

Fiona Kindness / Adam Suggett

Grant Thornton UK LLP

020 7383 5100


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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