CQG to Connect to Nasdaq Futures
April 21 2015 - 9:00AM
Direct Market Access to Nasdaq Futures Platform Offers Global
Trading Access to New Suite of Futures Based on Key Energy
Benchmarks
NEW YORK, April 21, 2015 (GLOBE NEWSWIRE) -- 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
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: The NASDAQ OMX Group, Inc. via Globenewswire
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