Trading Infrastructure Provider CQG Partners with Brazil’s B3

CQG, which provides technology for integrating market data, technical analysis and trade routing, announced on Monday that it has partnered with a Brazilian financial Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term operator, B3, adding it to the global network of platforms.

According to the press release, the partnership will allow CQG clients to access trading and market data from various asset classes listed on the Brazilian markets.

Expanding Brazilian Market

“The Brazilian capital market is currently going through a period of expansion,” said Claudio Jacob, Clients and Business Development Managing Director at B3.

“This year alone, more than 44 companies were listed on the Brazilian Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term, compared to 28 in 2020. The number of retail investors has also grown significantly, from 700,000 in 2018 to more than 3.8 million in 2021.”

CQG’s network of electronic trading gateways provides traders with market data, graphical analysis and low-latency trading access to a global network of futures and options exchanges, as well as fixed income and foreign exchange markets. Several well-known trading platforms are utilizing its infrastructure.

Moreover, Jacob pointed out that the addition of the Brazilian market data on CQG will benefit investors from around the world.

CQG’s Managing Director, Alli Brennan, said: “We have long had an interest in expanding into Brazil and are excited about the opportunities there, both with local clients in the region looking for new trading tools and for our international customers seeking access to B3's growing markets. Connecting to B3 was a logical next step for CQG, and we appreciate our partners at the exchange for what we believe will be a fruitful connectivity partnership.”