BlockFills has partnered with CQG to integrate BlockFills liquidity into the CQG platform and enable CQG clients to access BlockFills’ cryptocurrency pricing.
The provider of digital asset trading and market technology will allow its market participants to gain the ability to trade using CQG’s institutional-grade technology and trading tools.
Launch by the end of Q2 2025
Neil Van Huis, Partner and Chief Strategy Officer of BlockFills, commented, “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.”
Integration work has already begun, and the firms expect to launch the new offering by the end of the second quarter of 2025. Eligible BlockFills customers will gain access to CQG’s trading applications and API suite, including spreading and algorithmic trading tools. The initiative will initially support BlockFills’ bitcoin (BTC) contract for difference (CFD) products, followed by spot and forwards.
“Opportunities between these liquid crypto products and our existing crypto futures offerings”
Kevin Darby, CQG Vice President of Execution Technologies, stated, “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.”
BlockFills’ London-based affiliate, Basis Capital Markets UK Ltd, regulated by the UK Financial Conduct Authority (FCA), will provide exposure to fiat cash-settled derivatives. Additional digital assets are expected to be introduced in the future.
BlockFills provides spot and derivatives trading across multiple digital assets, leveraging proprietary technology and an extensive network to deliver institutional-grade liquidity. The firm also offers software licensing solutions designed to simplify the digital asset trade lifecycle. Through this collaboration, both BlockFills and CQG aim to enhance market accessibility for institutional traders seeking exposure to digital assets.