HomeBankingTrading solutions provider CQG agrees to executive ownership deal

Trading solutions provider CQG agrees to executive ownership deal

  • Ownership Transition:
    • CQG, a financial trading solutions provider, is set to be acquired by a group of its senior executives.
  • Company Background:
    • Founded in 1980, CQG has been privately held by its founder, Tim Mather, and is headquartered in Denver.
  • Leadership Shift:
    • Ryan Moroney, the CEO since 2021, and Tim Mather have focused on a transition plan for Mather’s departure.
  • Timeline:
    • The executive ownership transition is expected to be completed this month.
  • Transaction Details:
    • Specifics of the acquisition, including the executives involved, remain undisclosed.
  • Strategic Focus:
    • The acquisition aims to provide leadership stability, continuity, and control over the company’s destiny.
  • Company Expertise:
    • CQG specializes in trading solutions, catering to traders, brokers, commercial hedgers, and exchanges.
  • Market Presence:
    • The company has offices in major financial hubs, including Chicago, New York, London, Frankfurt, Tokyo, Sydney, Singapore, and Shanghai.
  • Business Trajectory:
    • CQG claims to have been on a strong growth trajectory for years.
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