The product is the result of the on-going partnership between the companies to integrate CQG's technical analysis tools and trade routing gateways with the Apama platform for algorithmic trading. New features include price capture, error detection and risk management capabilities that mitigate inherent risks of custom trading strategies like erroneous market entries and unanticipated market movements.

John Bates, founder and general manager of the Apama division at Progress Software, said: "Speed is essential for traders in crowded markets to capture limited opportunities. We are thrilled to provide a platform like CQG Integrated Client with enhanced real-time algorithmic trading capabilities to enable traders to respond instantly to market opportunities. "

Progress Software has entered into many partnerships to enhance its trading portfolio. In June it formed a partnership with Object Trading, which provides direct market access for ultra high frequency buy-side and sell-side market participants, to deliver an integrated trading platform. In April it partnered with enterprise tick data solutions provider Vhayu Technologies to develop a real-time analytics product. In March it announced an alliance with application services provider FFastFill to launch a hosted futures trading application.

A service of YellowBrix, Inc.