CQG to Connect to Nasdaq Futures
April 21 2015 - 9:00AM
CQG, Inc., a global provider of trade routing, market data, and
advanced technical analysis, and Nasdaq today announced that CQG
will introduce connectivity to Nasdaq Futures, Inc. (NFX), the
exchange group's U.S.-based designated contract market (DCM).
Through NFX, Nasdaq will expand its commodities business with
futures and options on key energy benchmarks including oil, natural
gas and U.S. power, which will launch in mid-2015.
"NFX builds on our existing connectivity to Nasdaq futures
markets, which includes NLX and Nordic markets," Pat Kenny, Vice
President of Client Relations of CQG, said. "We always look for
ways to increase our customers' opportunities through access to new
market venues and products."
The connection expands CQG's leading global coverage, giving
traders access to the newest market innovations. CQG will provide
direct access to NFX through all of its platforms, including its
flagship platform, CQG Integrated Client, which offers global
market data and innovative interfaces for electronic trading and
order management.
"CQG offers NFX market participants a unique set of charting and
analytics tools to identify new strategies and effectively execute
our new suite of energy products," said Magnus Haglind, Vice
President of Global Transaction and Market Services and Head of
U.S. Commodities. "CQG is a premier market data and trading
specialist, and we are pleased that they will carry NFX market data
thereby making it available through redistribution to a wide
network of existing trader tools."
Nasdaq's Global Commodities business offers trading and clearing
solutions for assets including power, natural gas and carbon
emission markets, tanker and dry cargo freight, fuel oil, seafood
derivatives, iron ore, electricity certificates and clearing
services. With competitive fees and a range of liquidity providers,
Nasdaq provides a cost-effective, transparent and efficient
marketplace that appeals to all types of trading entities.
About CQG:
CQG (www.cqg.com) provides high-performance trade routing,
global market data, and advanced technical analysis. CQG partners
with more than one hundred Futures Commission Merchant environments
and provides Direct Market Access to more than forty exchanges
through its global network of co-located Hosted Exchange Gateways.
CQG's server-side order management tools for spreading, market
aggregation, and smart orders are unsurpassed for speed and
ease-of-use. CQG's market data feed consolidates more than
seventy-five sources, including exchanges worldwide for futures,
options, fixed income, foreign exchange, and equities as well as
data on debt securities, industry reports, and financial indices.
CQG has received the Prop Traders' ISV of the Year award from FOW
and the Best Technical Analysis Platform award from The Technical
Analyst. CQG is headquartered in Denver, Colorado with sales and
support offices worldwide.
About Nasdaq:
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing,
exchange technology, listing, information and public company
services across six continents. Through its diverse portfolio of
solutions, Nasdaq enables customers to plan, optimize and execute
their business vision with confidence, using proven technologies
that provide transparency and insight for navigating today's global
capital markets. As the creator of the world's first electronic
stock market, its technology powers more than 70 marketplaces in 50
countries, and 1 in 10 of the world's securities transactions.
Nasdaq is home to more than 3,500 listed companies with a market
value of approximately $9.5 trillion and more than 10,000 corporate
clients. To learn more, visit: nasdaq.com/ambition or
business.nasdaq.com.
NDAQG
CONTACT: CQG Media Contact:
Kelsea Michael
+1 (646) 266-1559
kelsea@kmichaelpr.com
Nasdaq Media Contacts:
Joe Christinat
+1 (646) 441-5121 (office)
+1 (646) 284-5920 (mobile)
Joseph.Christinat@nasdaq.com
Alexa Sugrue
+1 (212) 231-5552 (office)
+1 (646) 577-3157 (mobile)
Alexa.Sugrue@nasdaq.com
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