CQG Partners with Broadridge to Transform Trading for Futures and Options Markets

CQG Partners with Broadridge for Enhanced Trading Solutions

In a significant move aimed at revolutionizing the trading landscape, CQG, a prominent player in futures and options trading, has entered into an agreement for acquisition by the global fintech powerhouse, Broadridge Financial Solutions, Inc. This strategic collaboration is poised to consolidate their strengths, leading to the creation of a comprehensive trading suite specifically designed for the global futures and options markets.

Expanding Trading Capabilities

The acquisition brings together CQG’s innovative execution management, algorithmic trading, and analytics capabilities with Broadridge’s leading order management and connectivity solutions. This powerful combination promises to deliver a seamless end-to-end trading experience defined by remarkable speed, scalability, and advanced technologies. As Ryan Moroney, CEO of CQG, elaborated, the collaboration will enable clients to trade smarter, venture into new markets, and respond promptly to the rapidly evolving trading environment.

“We are incredibly excited to join Broadridge,” Moroney stated. “They have an exceptional reputation, extensive global reach, and front-to-back capabilities that complement our own expertise perfectly.” The merger aims to not only enhance trading efficiency but also ensure that clients leverage cutting-edge technology to address their unique trading challenges.

A Historic Union

Since their first integration partnership a few years ago, CQG and Broadridge have aligned their visions and values, making this acquisition a natural progression. Frank Troise, President of Broadridge's Trading and Connectivity Solutions business, emphasized, “The addition of CQG will accelerate our mission to deliver superior trading solutions globally.” This collaboration heralds a new chapter in trading complexity management, workflow efficiency, and transparency.

The financial terms of the transaction remain undisclosed, but it is not anticipated to significantly impact Broadridge’s financial performance. The deal is expected to finalize early in the fiscal fourth quarter of Broadridge, ending June 30, contingent upon customary closing conditions and regulatory approvals.

Meeting the Evolving Needs of the Market

As the trading landscape continues to evolve, the expanded offerings developed through this acquisition will be essential in meeting the diverse needs of a variety of clients—from futures commission merchants to institutional investors and retail brokers. The partnership is set to develop flexible, scalable solutions aimed at fulfilling client growth goals while enhancing speed to market.

CQG is revered for its high-performance trading solutions and connections to over 45 exchanges worldwide. Its infrastructure supports everything from technical analysis to risk management. Now, by merging with Broadridge, CQG aims to reinforce its standing as a pivotal entity in the financial sector by delivering a fully integrated trading experience for both institutional and retail market players.

The Path Forward

This acquisition is more than just a business transaction; it signifies a union of shared goals and collaborative potential. “Broadridge values our talented employees and has acknowledged our loyal client base. We truly believe this transaction is a significant step forward for our workforce and clientele,” noted Moroney.

As we look ahead, the convergence of CQG's and Broadridge’s capabilities stands to redefine how participants engage with futures and options markets. This union not only represents a strategic enhancement of both companies’ portfolios but also sets the stage for impactful innovations in trading technology and customer experience moving forward.

About CQG

CQG is a leading provider of high-performance trading solutions, ensuring traders, brokers, and financial institutions can execute trades effectively across numerous global markets. Founded in Denver, CQG operates in over 60 countries, facilitating crucial market interconnections through advanced technology and infrastructure.

About Broadridge

Broadridge Financial Solutions is a recognized global leader in financial technology, known for its commitment to innovation within the financial services sector. Broadridge’s platforms facilitate trillions of securities trades, underscoring its role at the forefront of financial transactions and operations. With a workforce of over 15,000 staff across 21 countries, Broadridge continues to drive investor confidence and operational excellence across the globe.