Aquarius Financial Technologies partners with CQG
CQG's strategic partnership will enable Aquarius to launch its first institutional grade cryptocurrency exchange in Q3 2021
Aquarius Financial Technologies Ltd. (Aquarius), a next generation trading technology provider, has announced a strategic partnership with CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges. The partnership will support Aquarius' vision to launch an institutional-grade global cryptocurrency exchange using CQG's proprietary technology.
Under the partnership, CQG will provide Aquarius with its trading interfaces, infrastructure, and API connectivity, as well as access to more than 45 tradable, global exchanges and more than 85 market data sources. The exchange is scheduled to launch in the third quarter.
"We are delighted to welcome CQG as a key go-to-market partner," said Richard Lane, co-founder of Aquarius. "We are soon to close our series A investment round at the end of March 2021, and this agreement marks another important milestone for Aquarius, enabling us to realise our ambition to launch and grow a fairer trading environment of institutional-grade standard for all customer types. We are excited to align our unique trade matching technology with CQG's market-leading technical and operational excellence."
CQG President Ryan Moroney said: "We are excited about the opportunity to play a role in supporting this innovative new exchange. We look forward to contributing to the future success of Aquarius with our broad network and deep technological and market expertise."