Broadridge to acquire CQG for end-to-end futures and options trading suite
Broadridge Financial Solutions has agreed to acquire CQG, adding execution management, algorithmic trading and analytics capabilities to its order management and client connectivity solutions to form an end-to-end global futures and options trading suite. The transaction, expected to close in early fiscal fourth quarter pending regulatory approvals, is not expected to materially impact Broadridge’s financial results.
1. Deal Announcement
Broadridge Financial Solutions announced it has entered into an agreement to acquire CQG, a leading provider of futures and options trading, execution management and market connectivity solutions. This acquisition aims to strengthen Broadridge’s execution management offering and expand its multi-asset trading capabilities worldwide.
2. Strategic Rationale
Integrating CQG’s advanced algorithmic trading, analytics and connectivity technologies with Broadridge’s order management and client connectivity platforms will create a unified, end-to-end trading suite. The combined platform is designed to simplify trading complexity, improve transparency and efficiency, and enhance digital asset trading capabilities for a broad spectrum of clients.
3. Transaction Terms and Timeline
Broadridge will acquire CQG’s core trading technology business by purchasing CQG, LLC and related assets; terms were not disclosed. The deal is expected to close in early fiscal fourth quarter of Broadridge’s 2026 fiscal year, subject to customary closing conditions, including regulatory approvals.
4. Company Profiles
Broadridge Financial Solutions is a global fintech leader processing over 7 billion communications and supporting daily average trading of $15 trillion across securities. CQG provides front-office execution management, market data aggregation and order management tools for futures, options and FX, serving clients in over 60 countries.