CQG Partners with Nasdaq Futures (NFX) to Offer Trading Platform for NFX Products

CHICAGO / DENVER, March 15, 2018 – 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 integrated trade routing, 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, Colo., with sales and support offices worldwide.