Tag: Blue Ocean Technologies

The new offering makes use of Blue Ocean Technologies and OTC Markets Group’s alternative trading systems to provide access to US-listed securities and OTC equity trading.  

The move follows an industry-wide uptake in extended trading developments in recent months. 

The move follows increasing buy-side demand for extended trading hours and will provide LiquidityBook clients with 24/5 US equities trading opportunities. 

The partnership follows an industry-wide step towards expanding trading hours; move makes Trillium Surveyor the first trade surveillance provider to offer overnight trading sessions.  

Partnership follows a string of similar moves from venues including Nasdaq, NYSE and Cboe Global Markets, who plan to extend trading hours on their respective platforms. 

MEMX will serve as technology partner for the platform, with expected implementation of the technology by the end of this quarter.

The TRADE speaks to Brian Hyndman, chief executive of Blue Ocean Technologies, about the drivers behind increased trading hours for US equities, the benefits this can provide retail and institutional investors, and how trading desks can adapt to this change.

As part of the agreement, the Tokyo Stock Exchange has also made a 5% investment into Blue Ocean Technologies which is expected to close in September.

Partnership aims to increase access to markets for global traders, allowing Broadridge to better serve clients in North America and APAC regions.