CQG donates $1.6 million of software to Concordia’s John Molson School of Business
Patrick Kenny, vice-president, Client Relationships, CQG and Christina Fatsis, senior account manager, CQG | Photo: Joe Dresdner
John Molson School of Business (JMSB) students will learn to trade like pros thanks to a $1.6 million software gift from data analytics and trading technology provider CQG.
Denver-based CQG has donated 24 licenses of its Integrated Client, high tech software designed for charting and analyzing derivatives markets.
“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.”
CQG’s Integrated Client offers real-time and historical financial data and analytical tools to help make sense of findings.
About 150 Department of Finance students will benefit annually and gain competitive edges in financial services job markets. JMSB Dean Steve Harvey says the software will give students a leg up in the business world.
From left: Alan Shepard, president, Concordia University; Steve Harvey, dean of Concordia’s John Molson School of Business; student Terence Liu; Patrick Kenny, vice-president, Client Relationships, CQG; Bram Freedman, vice-president, Development and External Relations, and Secretary-General | Photo: Joe Dresdner
“By providing our students access to professional trading technology and learning opportunities, CQG is increasing their ability to compete in the financial sector.”
Concordia is the first Montreal-based university to possess the technology to be used in the John Dobson – Formula Growth Investment Room.
“This software is great for research. It provides students with data on foreign exchange rates, stock prices, bond prices and commodity prices,” says Thomas Walker, associate professor in JMSB’s Department of Finance.
“This type of software is typically used by financial traders. They can look for price patterns that help them make trading decisions,” adds CQG vice-president Brian Vancil. “Professors can show the price history of the financial markets and how prices move. It’s a great educational tool.”
JMSB will hold the license of the technology for five years.