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Byrne named vice president of software development

Denver, CO, May 9, 2006 – CQG, Inc., has hired Trevor Byrne as its new vice president of software development.

Byrne will team with Yuriy Shterk to lead a staff that includes more than 200 programmers and managers worldwide. Byrne’s objective is for CQG to continue its tradition as a world class organization.

“CQG has a strong reputation in the market, an excellent group of people, especially technical staff, and great products,” Byrne said. CQG’s newest innovations include Data Factory, an online application for purchasing historical data, and TradeFlow™ charts and studies, which show traders the inside market.

Byrne comes to CQG from the NASDAQ stock market, where his focus was on process improvement. As vice president of systems engineering, Byrne was responsible for the NASDAQ’s distributed trading systems and server-based trading.

Byrne is a native of Blackpool, England, and attended the University of Hull.