CQG to Connect to Nasdaq Futures
(Thomson Reuters ONE) -
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(at)kmichaelpr.com
Nasdaq Media Contacts:
Joe Christinat
+1 (646) 441-5121 (office)
+1 (646) 284-5920 (mobile)
Joseph.Christinat(at)nasdaq.com
Alexa Sugrue
+1 (212) 231-5552 (office)
+1 (646) 577-3157 (mobile)
Alexa.Sugrue(at)nasdaq.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: The NASDAQ OMX Group, Inc. via GlobeNewswire
[HUG#1912644]
Unternehmensinformation / Kurzprofil:
Datum: 21.04.2015 - 15:00 Uhr
Sprache: Deutsch
News-ID 387337
Anzahl Zeichen: 5393
contact information:
Town:
New York
Kategorie:
Business News
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"CQG to Connect to Nasdaq Futures"
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