Broadridge acquires CQG

Broadridge Financial Solutions, a global Fintech leader, announced the completion of its acquisition of CQG, a leading provider of futures and options trading, execution management, and market connectivity. This acquisition enhances Broadridge Financial Solutions' trading and connectivity capabilities by integrating CQG's solutions, including execution management, algorithmic trading, and analytics, into its existing platform. The combined offering aims to deliver an integrated, end-to-end trading solution across global futures and options markets, serving a broad range of clients such as FCMs, institutional investors, retail brokers, proprietary trading firms, CTAs, and hedge funds. The deal also advances Broadridge Financial Solutions' multi-asset innovation strategy, including foreign exchange and digital assets, by leveraging CQG's agile development capabilities with Broadridge Financial Solutions' global scale to accelerate new functionality delivery and drive value creation for clients worldwide. This acquisition builds on Broadridge Financial Solutions' recent strategic moves, including its Central Risk and Liquidity Optimisation Solution and a minority investment in HQLAX.