Broadridge signs strategic technology integration agreement with CQG

Broadridge Financial Solutions announced a strategic partnership with CQG, a global provider of technology solutions for market makers, traders, brokers, commercial hedgers and exchanges, that will integrate the two firms’ Execution Management System – EMS – and Order Management System – OMS – respectively. The combination of CQG’s front-end trading technology with Broadridge’s Order Management System and the NYFIX network will be a first of its kind out-of-the-box solution for a full front-, middle- and back-office technology suite. CQG completed a FIX connection into Broadridge to allow for order flow from CQG directly into Broadridge’s infrastructure to be managed and routed out to its network of exchanges and liquidity providers. Additional development underway will complete the effort to allow for workflow between the two systems. Viewing and managing orders will be achievable and in-sync in either system.