Broadridge Acquires CQG to Expand Global Trading Capabilities

Reuters02-06
Broadridge Acquires CQG to Expand Global Trading Capabilities

Broadridge Financial Solutions is set to acquire CQG, a leading provider of futures and options trading, execution management, and market connectivity. The deal includes the purchase of CQG, LLC along with certain affiliated entities and assets. Integrating CQG’s advanced execution management, analytics, and connectivity technologies with Broadridge’s existing order management and connectivity solutions will create a unified platform for global futures and options trading. The transaction is expected to close early in Broadridge’s fiscal fourth quarter, pending customary closing conditions. Terms of the deal were not disclosed.

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