Blocksize Capital, a provider of digital asset services for financial institutions, has announced Trading Technologies’ TT trading platform has been named its preferred front-end execution platform. Blocksize clients will now be able to view aggregated market data for over 20 cryptocurrency exchanges and crypto assets on TT in addition to execution tools, including Autospreader, ADL and MD Trader.
Trading Technologies will also offer access to Blocksize Capital’s cryptocurrency market data technology starting in Q4 2020 and a smart order routing for streamlined execution of bulk orders across multiple exchanges at the best execution price. In addition, access to TT’s full-service order management system, for advanced order handling and efficient execution will be granted.
Christoph Impekoven, Managing Director at Blocksize Capital, commented:
“Blocksize Capital has an challenging ambition: to provide professional tools for traders and asset managers so that they and their clients can manage digital assets in the same way as traditional asset classes. We will achieve this by providing tools that allow our clients and Trading Technologies to focus on their core business, but to leverage it within the profitable digital asset management market through our unique software and services.”
Michael Unetich, VP of Cryptocurrencies at Trading Technologies, said:
“By partnering with Blocksize, TT is adding distribution of our crypto product suite through a regulated partner in the European region. We’re excited that they have chosen our trading screen and we look forward to playing a role in the expansion of crypto trading through banks and brokerages in Europe.”
In late 2019, Trading Technologies hired two new executives to serve in senior level leadership roles. Russ Cotton and Craig Mohan are now Chief Operating Officer and Chief Growth Officer respectively. The incoming COO is a former executive of Intercontinental Exchange. The incoming Chief Growth Officer was most recently serving as Managing Director of Market Technology and Data Services at CME group for last nine years.
The firm has recently expanded its execution and client connectivity services through the ICE Data Services European Liquidity Center (EULC) in Basildon, UK. The expansion gives access to trade 55 markets through the TT platform but clients also have the option to run their own TT platform components on private infrastructure in the data center through TT Prime.
Trading Technologies has recently made connectivity to CoinFLEX, a physically delivered bitcoin futures exchange, available to eligible professionals and retail traders outside the U.S. through its platform. TT is among a group of renowned investors who backed CoinFLEX, including Digital Currency Group, Polychain, and Roger Ver.