Published On: Thu, Nov 25th, 2010
CQG | By Steve

CQG Contributes $500k USD to Sponsor New Trading Lab at CUHK

CQG, Inc., the industry-leading order execution, charting, and analytics provider for global, electronically-traded securities, announced November 25 that it has contributed more than USD$500,000 in software, services, and training to the new Financial Markets Trading Lab at the Chinese University of Hong Kong (CUHK). CQG made this announcement at the opening ceremony for the new facility where CQG was recognized as one of the lead founding sponsors and technology providers.

The new trading lab at CUHK has been created for the purpose of providing first class real-world experience to undergraduate and graduate business and finance students. In the initial phase, CUHK final-year undergraduate students will utilize the new trading lab in connection with courses on options and derivatives. Subsequently, the new facility is expected to play an increasingly important role in the finance training of the university’s MBA and Master of Science degree students, as well as those in the executive education programs.

“We believe there is an increasing need for qualified investment professionals in the Chinese and Asian Pacific financial markets,” said Professor van Put, Adjunct Professor of the CUHK Business Faculty. “Our new trading lab, equipped with state-of-the-art tools and real-time data feeds from the major global exchanges, will allow us to provide first class training to the next generation of traders, risk managers, and compliance officers. We are grateful to have the generous support of CQG as a founding sponsor of the trading lab. CQG has long been known for the superior quality of its data feeds and technical analysis tools, and we are glad to be able to provide our students CQG’s industry-leading trading and technical analysis platform.”

CQG’s President, Josef Schroeter, said, “We support similar financial engineering labs at U.S. academic institutions, and we are very pleased to support CUHK in its efforts to provide well-trained professionals for the rapidly growing Asia Pacific region.”

“CQG has been providing software and services in Asia Pacific for twelve years now,” said Leighton Andrew, CQG’s Head of Sales for Asia Pacific. “The amazing growth the region has experienced in the last couple of years highlights the significant need the market has for well-trained financial experts. We applaud CUHK efforts to fill that need.”

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