Broadridge has acquired CQG, Inc. for an undisclosed amount, marking a significant expansion in financial technology offerings. CQG, Inc. has been an industry leader for over forty years, renowned for its fast, accurate, and reliable market data and advanced graphical analysis. The acquisition brings CQG's high-performance trade routing, global market data, and sophisticated technical analysis tools under the Broadridge umbrella.
CQG's extensive capabilities include partnerships with more than eighty FCMs and Direct Market Access to over forty exchanges through its global network of co-located Hosted Exchange Gateways. Its server-side order management tools, designed for spreading, market aggregation, and smart orders, are recognized for their speed and ease-of-use. Furthermore, CQG's comprehensive market data feed consolidates information from more than seventy-five sources, encompassing exchanges worldwide for futures, options, fixed income, foreign exchange, and equities, alongside data on debt securities, industry reports, and financial indices.
This strategic acquisition is expected to enhance Broadridge's position in providing critical infrastructure and technology solutions to the financial services industry. By integrating CQG's robust market data and trade execution platforms, Broadridge aims to expand its suite of services, offering clients more comprehensive and integrated solutions across various asset classes. The move is poised to leverage CQG's deep market penetration and specialized technology to complement Broadridge's existing capabilities.
The combination of Broadridge's broad financial technology expertise with CQG's specialized data and trading solutions is anticipated to create significant synergies. Clients can expect enhanced offerings that streamline workflows, improve access to global markets, and provide superior analytical insights. The combined entity is set to deliver a more powerful and integrated platform, driving innovation and efficiency for financial institutions worldwide.