CQG donates $1.6 million of software to Concordia’s John Molson School of Business
Montreal, January 12, 2015 — A major gift from data analytics and trading technology provider CQG will further advance business programs at Concordia’s John Molson School of Business (JMSB). Denver-based CQG is donating 24 licences, worth $1.6 million, of its CQG Integrated Client: a suite of software tools for charting and analyzing the derivatives market. CQG’s state-of-the-art technology is used on trading floors of more than 40 stock exchanges worldwide. Concordia is the first Montreal-based university to possess this software to be used in the John Dobson – Formula Growth Investment Room.
CQG Integrated Client will allow JMSB students to develop expertise in trading strategies through access to detailed derivatives data. The product offers real-time and historical financial data and built-in analytical tools help users make expert trading decisions. About 150 Department of Finance students will benefit annually and gain competitive edges in financial services job markets. JMSB will hold the license of the trading technology for five years.
CQG’s investment will support analysis and research in the fields of equities, commodities, foreign exchange trading and bond prices. CQG Integrated Client will also advance research for graduate students and faculty with interests in empirical testing or options pricing theory.
“We are grateful for CQG’s investment in the John Molson School of Business,” says Concordia President Alan Shepard. “This gift will allow our finance students to apply what they learn in the classroom to real-market situations, giving them an edge as they transition from their studies to the business world.”
“We are committed to developing the next generation of traders, and providing access to specialized tools that real traders use is a key part of that,” says Patrick Kenny, CQG’s vice-president of client relations. “CQG is proud to support the advancement of education at Concordia.”
Steve Harvey, dean of Concordia’s John Molson School of Business, says: “By providing our students access to professional trading technology and learning opportunities CQG is increasing their ability to compete in the financial sector.”
About CQG, Inc.
CQG, Inc. (www.cqg.com) provides high-performance trade routing, global market data, and advanced technical analysis. CQG partners with more than one hundred Futures Commission Merchant environments and provides Direct Market Access to more than forty exchanges through its global network of co-located Hosted Exchange Gateways. CQG’s server-side order management tools for spreading, market aggregation, and smart orders are unsurpassed for speed and ease-of-use. CQG’s market data feed consolidates more than seventy-five sources, including exchanges worldwide for futures, options, fixed income, foreign exchange, and equities as well as data on debt securities, industry reports, and financial indices. CQG has received the Prop Traders’ ISV of the Year award from FOW and the Best Technical Analysis Platform award from The Technical Analyst. CQG is headquartered in Denver, Colorado with sales and support offices worldwide.