A Look at New Features in 7.6

New features include:• Linking windows for efficient market coverage• Improved News preferences and search functionality • Trading from the Quote SpreadSheet • Enhanced Orders & Positions window• Variable Tick Size in the order routing interfaces• MBS Wildcard symbols support• Portfolio Time & Sales• Spread position information

CQG version 7.6 adds features to make trading and market analysis more seamless.

Link any groups of windows on the page by:

1.Clicking the CQG icon and selecting “Link windows”. The first window will be the parent.

2. Selecting a color to identify which windows are linked.

3. Clicking each window that will be the child of the parent window.

4. Right-clicking to turn off the linking windows function.

Key Benefit: A seamless format for changing charts, quote displays, and order routing interfaces with a simple one-click action.

Link WindowsLink Windows

Link Windows (continued)Link Windows (continued)

The first window, here the Market Watch quote page, is the parent and has a square icon.

Each child window has a round icon.

In this example, all of the windows are linked and display market information related to the E-mini S&P (EPZ7).

Key Benefit: Immediately know which windows are linked by the color icon.

Link Windows (continued)Link Windows (continued)

Clicking ENQZ7 in the Market Watch window changes all of the linked windows.

If a symbol is not listed on one of the DOMTrader tabs, then it will be added.

If the DOMTrader was the parent and the symbol was changed on a tab, then all of the other windows would change.

If the Market Watch quote page was not carrying the symbol, it would automatically be added.

Key Benefit: Seamless trading and analytics. Any window can be the parent window. New symbols are automatically added to child windows.

Improved News PreferencesImproved News Preferences

News preferences allow you to:

•Show the filter and search bar

•Choose headlines with a varying size

font

•Show the story pane

•Show recent headlines in scroll mode

•Highlight search words

Seven different color schemes can be applied to the News window.

Key Benefit: Design the look of the News display based on your preferences.

Improved News SearchingImproved News Searching

Two search preference windows are available.The basic search looks for keywords, and the results can be grouped and sorted within the group.

Clicking on “More search options” brings up the second search window.

The second search windows allows you to exclude words and search for certain words, exact phrases, at least one word from a list, and Dow Jones codes.

Key Benefit: Stay more informed of events moving the markets by designing sophisticated keyword searches of news stories.

Trade from the Quote SpreadSheetTrade from the Quote SpreadSheet

To enable order routing, click the “Trade” button on the toolbar. The “Bid” and “Ask” columns will send limit orders. The additional columns from the “Customize Columns” preference include:

• BuyMarket

• SellMarket

• OpenPosition (Pos = number of contracts)

• OpenTradeEquity (OTE+P/L)

• Size (order size)

• WorkingBuyOrders (number of contracts working as buy orders)

• WorkingSellOrders (number of contracts working as sell orders)

• MarketDirection (last trade was an up tick or a down tick)

Key Benefit: Broaden your market coverage by trading individual markets or setting up groups of markets for spread trading.

Enhanced Orders & Positions WindowEnhanced Orders & Positions Window

The Orders and Positions window has been redesigned. New icons have been created for the account panel to identify different types of FCMs, accounts, and activities.

Preferences have been expanded to include an Account Settings tab.

You can also choose which columns you want displayed on the order panel and in what order.

Key Benefit: Format the Orders & Positions window to display only the necessary account and trade information.

Variable Tick Size in the Variable Tick Size in the Order Routing InterfacesOrder Routing Interfaces

Some futures markets use a different tick size depending on the delivery month.

For example, the Eurodollar market uses 0.0025 points as the tick size for the current delivery month. The minimum difference between the bid and ask is 0.0025 (i.e., 94.8400 and 94.8425).

All other deferred contracts use a tick size of 0.0050 points. Therefore, the minimum difference between the bid and ask is 0.0025 (i.e., 95.150 and 95.155).

Key Benefit: The price ladder will automatically adjust to reflect the proper tick size, making trading decisions more efficient.

MBS Wildcard Symbols SupportMBS Wildcard Symbols Support

Two forms of wildcards are available. The question mark notation displays the current, second, and third months.

Question mark notation uses this format:T.US.< agency MBS >< coupon rate >< price or yield >< maturity date >?<N>

The Fixed Income type parameter (T.) and the country abbreviation (US) are optional.

Examples: IG044P15?1 = IG044P0722, IG044P15?3 = IG044P0922, and IG044P30?1 = IG044P0737

The asterisk notation displays the current fifteen or thirty year maturity by coupon.

Asterisk notation uses this format: T.US.<agency MBS><coupon rate><price or yield><maturity date>*

The Fixed Income type parameter (T.) and the country abbreviation (US) are optional.

Examples: IG044P15* = IG044P0722 andIG044P30* = IG044P0737

Key Benefit: Quote displays and charts will automatically update as MBS products roll off the board, reducing maintenance time by the trader.

Portfolio Time & SalesPortfolio Time & Sales

Set up a time & sales window to display a portfolio of instruments.

1. Customize the columns in a format of your choice. 2. Set thresholds for displaying the volume of contracts traded.3. Left-click on the Title bar to import aportfolio or to create a new portfolio.

Key Benefit: Stay more informed of market action and spread trading opportunities by tracking time & sales details for a group of markets in one display.

Spread Position InformationSpread Position Information

Entering spread symbols for exchange-traded spread instrument positions will be displayed on the DOMTrader, Order Ticket, and Orders & Positions window for calendar, butterfly, pack, strip, bundle, and intercommodity spreads.

Spread position information must be enabled in the Trading preferences. To set up your spreads:

1. Click the Setup button.2. Click Trading Preferences. 3. Select the “Show synthetic positions for spreads” check box located above the Chrome style preference.

For example, if you were to buy 5 EDAS3Z7, then the outright legs are long 5 EDAZ7 and short 5 EDAH8.

The symbol EDAZ3Z7 is the three-month calendar spread between December 2007 and March 2008.

Key Benefit: Trade more efficiently using CQG to route exchange-traded spread orders.

The Orders & Positions window will display the outright legs of the spread and the spread position.

The Orders & Positions window shows fills Buy 5 EDAZ7 and Sell 5 EDAH8, which are the outright leg positions for Long 5 EDAS3Z7.The spread position is then +5 EDAS3Z7.

The position is calculated synthetically. The system calculates the spread position information based on these outright fills. It pairs orders that match EDAS3Z7.

Spread Position Information (continued)Spread Position Information (continued) Key Benefit: Better manage spread trading using details of your current positions displayed in the Orders & Positions window.

CQG, Inc.CQG, Inc.

CQG, Inc. is the industry’s highest-performing solution to integrate market data, technical analysis, and trade routing. CQG’s data coverage includes futures, options, fixed income, foreign exchange, and equities exchanges worldwide as well as debt securities, reports, and indices. Founded in 1980, CQG is headquartered in Denver with sales and support offices worldwide. For more information, visit www.cqg.com.

Customer Support:• US 1 800-525-7082• UK +44 (0) 20-7827-9500• Australia +61 (0) 2-9230-6867 • France +33 (0) 1-74-18-07-81 • Germany +49 (0) 69-920-7920 • Japan +81 (0) 3-3286-6633 • Russia +7 495-795-2410 • Singapore +65 6720-3165

DisclaimerDisclaimer

Trading and investment carry a high level of risk, and CQG, Inc. does not make any recommendations for buying or selling any financial instruments. We offer educational information on ways to use our sophisticated CQG trading tools, but it is up to our customers and other readers to make their own trading and investment decisions, or to consult with a registered investment advisor.

© 2007 CQG, Inc. All rights reserved worldwide.

CQG, DOMTrader, SnapTrader, and TradeFloware trademarks of CQG, Inc.