I do not think they are not linked financially in the sense having an ownership on each other... but they are certainly linked financially when it comes to customer transactions as long as you use the NT7 or XT platforms; therefore, it is merely common sense they would work together to retain and attract a common customer base that increases both their revenue streams.
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Favorite Futures: Options, Futures, FX & FX Options
Posts: 37 since Dec 2010
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Just how good are Velocity Futures?
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After a technically annoying time with Zenfire and IB, Big Mike recommended Velocity (I have also moved over to the full CQG IC, something I have been wanting to do for 5 months), I have to say the opening process the dialogue with Dale Box and their entire operation from application to first order fill has been amazing.
7 years with IB makes you happy when someone answers an email within 1 week.
Mike, thanks for the great posts on your experinces with Velocity and the demos on X-Trader.
I now start the mammouth task of moving all my code to CQG
You have to enjoy it.
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Glad to hear it, thanks for sharing your experience.
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I have had an experience with Velocity where a trade over the phone was executed incorrectly (to my disadvantage).
However, I have had problems with every shop/fcm/broker I've ever been with. I recommend Velocity as my first choice to anyone looking to open a futures account. Their technology is robust, emails get replied to within an hour or so, account management (downloadable account statements, wires in - and most importantly out) have all been handled quickly and professionally.
Although I do not have experience with these services, it does apear that Velocity will also assist customers lease seats at exchanges, provide server space, FIX and DMA for those that require it. All good stuff.