Revolutionizing Trading with AI: CQG Announces Groundbreaking Predictive Model for Traders

CQG, a global leader in technology solutions for market makers, traders, and exchanges, has just announced a groundbreaking achievement in the world of artificial intelligence (AI) for traders. After completing internal testing and proof-of-concept using live data, the firm has developed what they believe to be a first-of-its-kind AI predictive model.

Utilizing extensive machine learning training in a back-testing environment, CQG has now begun applying this technology to live data with remarkable success in predicting futures market moves. With a high level of predictive accuracy, the firm aims to provide retail traders and buy-side firms with unprecedented tools for identifying trading opportunities, guiding strategies, and managing positions.

CEO Ryan Moroney shared, “In early 2023, we decided we wanted to do something different in machine learning and AI that leveraged our unique position in the market. We built a lab and our Vice President of Execution Technologies, Kevin Darby, has turned that effort into an exciting reality with results that have significantly surpassed our expectations.”

Darby explained the challenges they faced in developing this AI technology, including storing and curating historical market data and optimizing the ML training pipeline for generative time series prediction. Despite these challenges, the firm’s AI model has consistently predicted movements in the E-mini S&P 500 futures contract with 80% accuracy in a live trading environment.

CQG has already identified multiple uses for this technology in algorithms, charting, and research, and is now exploring other applications with key partners. This advancement in AI for traders marks a significant milestone in the industry, offering new possibilities for market analysis and trading strategies.