By the advent of CQG Algorithmic Orders, besides some ready-to-use algorithmic orders, you are enabled to create your order types with your own algorithm behind them and trade in CQG IC with those order types.

The Algorithmic Orders system is powered by CQG API, providing users with a flexible platform to build their order types upon.

How it Works?

These algorithmic orders require that you install and run the corresponding applications, which run in the background and handle the algorithmic orders accordingly. A system tray icon allows you to access this documentation, program logs, the Configuration Manager, and the algorithmic order Monitor.

Algorithmic Order Components

• Ready-to-use order types: Time Weighted Average Price (TWAP), Order Places Order (OPO), Puncher (PNCH), Icebergs (ICBG). 
• Order Monitor: This tool displays the orders being handled by the Algorithmic Orders system and allows cancelling them. Each AO application monitors its own orders, only.
• Algorithmic Order Builder: This module contains all shared components used while developing the above-mentioned algorithmic order types. With the source codes of the existing types, the Algorithmic Order Builder module is yours to build upon and develop your own type quickly and efficiently.
• Source Code: All of the source code is open for the user to study or revise. If you have not done so yet, you may re-run the installation and select the options that will install the source codes.

It's Highly Customizable

All CQG algorithmic order application setup programs allow you to install the source code for the applications, for you to customize them. Using the Algorithmic Order Builder module, you may even develop your own algorithmic order types from scratch.

System Requirements

The AlgoOrder applications are powered by CQG API. This means that all system requirements for CQG API apply to them.

.NET Framework 4

Visual Studio 2010 (to revise the source code)