CHICAGO and DENVER, March 15,
2018 /PRNewswire/ -- CQG, Inc., a leading global
provider of high-performance trading, market data, and technical
analysis tools, today announced a new partnership with Nasdaq
Futures (NFX), a leading futures exchange, to provide a trading
solution for clients trading NFX products. NFX, leveraging
CQG Desktop for its trading system, now makes that offering
available with zero fees, providing direct trading access of NFX
listed products to its clients.
NFX traders can now take advantage of the lower execution rates
- often 50 percent less than incumbent energy exchanges - without
any CQG execution fees.
"Nasdaq is committed to building the futures market of tomorrow.
That's why we've partnered with CQG to create a solution for
clients that offers best-in-class technology at a lower cost," said
Rick Beaman, Vice President and head
of Nasdaq Futures. "This partnership is a great example of how
we're reimagining the evolution of NFX and the opportunities for
clients."
CQG Senior Vice President Mike
Glista said: "NFX wanted a strategic, robust technology
partner to make access to its markets easier and more
cost-efficient for customers. CQG is pleased to partner with the
exchange to provide our flexible, web-based platform."
About CQG
CQG provides the industry's highest performing solutions for
trading, global market data, and advanced technical analysis. The
firm partners with the vast majority of futures brokerage and
clearing firms and provides Direct Market Access (DMA) to more than
45 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. Its market data feed consolidates more than
75 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 (now
Global Investor Group), the Best Technical Analysis Platform award
from The Technical Analyst, and the Best Product for Traders award
from Finance Magnates for its multi-asset trading platform.
CQG is headquartered in Denver,
Colorado, with sales and support offices worldwide.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading,
clearing, exchange technology, listing, information and public
company services. 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 90 marketplaces in 50
countries, and 1 in 10 of the world's securities transactions.
Nasdaq is home to approximately 3,900 total listings with a market
value of approximately $13 trillion.
To learn more, visit: http://business.nasdaq.com
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SOURCE CQG