Clients of Both Parties to Benefit from New Trading Vehicles and Tools
CHICAGO and DENVER, March 10, 2025 -- BlockFills, a premier destination for digital asset trading and market technology leveraged by institutions and professional traders, and CQG, a leading global provider of high-performance technology solutions for market makers, traders, brokers, commercial hedgers and exchanges, today announced that the firms have partnered to stream BlockFills liquidity onto the CQG platform. The move brings to CQG's vast client base industry-leading, reliable cryptocurrency pricing, delivered by BlockFills. BlockFills market participants will also benefit from the ability to use CQG's institutional-grade technology and trading tools through their BlockFills account. In addition, connectivity to BlockFills will provide liquidity access to CQG's broad network of partners, including exchanges, brokerages, trading firms and fintech companies across the globe.
Integration work on the first-of-its-kind partnership has already begun, and the firms expect to introduce the new offering by the end of the second quarter.
Eligible BlockFills customers will be able to take advantage of CQG's technology suite via its applications and API, including its popular spreading and algo tools. The initiative will begin with the streaming of BlockFills bitcoin (BTC) contract for difference (CFD) products followed by spot and forwards. Exposure to fiat cash-settled derivatives* products will be available through BlockFills' London-based affiliate, Basis Capital Markets UK Ltd, regulated by the UK Financial Conduct Authority (FCA). Additional digital assets will be made available in the future.
Neil Van Huis, Partner and Chief Strategy Officer of BlockFills, said: "The demand for digital assets from professionals and institutions is clear. CQG is a leader in trading technology in that market segment. The partnership delivers a comprehensive offering to the emerging global client base in digital assets. BlockFills' long-standing reputation of providing diverse products and strong liquidity in a safe and secure environment is perfectly partnered with one of the leading trading technology companies in traditional markets. We couldn't be happier to enter this next phase of digital asset markets with CQG."
Kevin Darby, CQG Vice President of Execution Technologies, said: "This partnership with BlockFills is an important step in our vision to offer clients access to high-quality trading venues and to create interesting trading opportunities between these liquid crypto products and our existing crypto futures offerings. We're introducing the robust set of CQG platforms and sophisticated tools to a new audience of institutional traders who want to leverage them across crypto and multiple other asset classes. BlockFills' innovative approach and commitment to streaming products down the line that will include more choices for our clients – including smaller contracts and weekly expiries – make this an attractive proposition for us. We also believe really tight, liquid markets like those BlockFills offers, combined with our initiatives in AI, will open up new trading opportunities for our customers and partners."
About BlockFills
Not just another liquidity provider, BlockFills offers spot and derivatives* trading across a diverse range of digital assets, complemented by a proprietary technology stack that is as robust as it is flexible. Led by a veteran team, BlockFills enhances the digital asset trading experience for institutions and professional traders with white glove service and an agency approach for trusted, secure access. Forged connections within an extensive network provide unparalleled access to global markets, and time-tested infrastructure is enriched with the spirit and innovation of the digital asset revolution. Additionally, BlockFills software licensing solutions simplify all aspects of the digital asset trade lifecycle.
For more information, visit www.blockfills.com.
About CQG
CQG provides the industry's highest performing solutions for traders, brokers, commercial hedgers and exchanges for their market-related activities globally, including trading, market data, advanced technical analysis, risk management, and account administration. The firm partners with the vast majority of futures brokerage and clearing firms and provides Direct Market Access (DMA) to more than 45 exchanges through its global network of co-located Hosted Exchange Gateways. CQG technology serves as the front end for a variety of exchanges and is increasingly employed as the over-the-counter matching engine for important new markets. CQG's server-side order management tools for spreading, market aggregation, and smart orders are unsurpassed for speed and ease of use. Its market data feed consolidates 85 sources, including exchanges worldwide for futures, options, fixed income, foreign exchange, and equities, as well as data on debt securities, industry reports, and financial indices. One of the longest-serving technology solutions providers in the industry, CQG has won numerous awards for its trading software, technical analysis and multi-asset trading platform. CQG is headquartered in Denver, with sales and support offices and data centers in key markets globally, providing services in more than 60 countries. For more information, visit www.cqg.com.
*Derivative Products available to Qualified Counterparties Only. For US Persons, client is an Eligible Contract Participant ("ECP") as defined in Section 1a(18) of the Commodity Exchange Act and related guidance. Non-US Persons must qualify as an Eligible Professional Client. BlockFills only provides services to customers resident in the UK who fall within an exemption available under the UK financial promotion regime (Investment professionals, High net worth individuals, High net worth companies, unincorporated associations etc. Certified sophisticated investors).
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