Brokertec Eyes Data Deal With CQG to Extend Reach in US
TRANSACTION SYSTEMS
NEW YORK--Brokertec is looking to broaden its reach in the US by supplying trade data from its book to real-time market data provider CQG, sources say. No formal deal has been inked, but CQG confirms it is in discussion with Brokertec and several other electronic fixed-income marketplaces, including Espeed and Tradeweb. Brokertec declines to comment.
Steve Onstad, vice president of sales and marketing for CQG, confirms that these discussions are taking place but denies having any kind of formal
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