Blue Ocean Technologies successfully integrates with Broadridge trading and connectivity solutions
NEW YORK, Aug. 1, 2022 /PRNewswire/ — To better serve banks and brokers in North America and APAC regions on the 24-hour NYFIX network, global fintech leader Broadridge Financial Solutions, Inc. ( NYSE: BR), announced a global partnership with Blue Ocean Technologies (BOT), a unique capital markets fintech focused on global after-hours trading. Blue Ocean ATS (BOATS) will integrate with Broadridge’s NYFIX order routing network to provide clients with untapped aftermarket access to US equities.
Blue Ocean ATS operates an alternative trading system that replicates a daytime trading experience with electronic access, seamless price discovery, regulatory requirements, and clearing and settlement processes while significantly overlapping trading hours. ‘Asia Pacific.
“In today’s environment of extreme volatility, access and transparency are critical to promoting fair markets,” said Ray Tierney, president of Broadridge Trading and Connectivity Solutions. “With Blue Ocean’s access to overnight markets and Broadridge’s extensive customer connectivity and proven managed services, we will do just that – enabling increased market access for global traders.”
“Blue Ocean was founded with the sole purpose of providing accessibility to all investors and the partnership with Broadridge will strengthen our global connectivity and customer reach among banks and brokers,” said Matthew Horisk, COO and CIO of Blue Ocean Technologies. “We are energized by this strategic partnership with Broadridge because of the platform and scale they will provide, helping us facilitate relationships with new clients to drive increased trading volumes in the world. whole industry. »
Blue Ocean Technologies will benefit from Broadridge’s VeriFIX solution, allowing Blue Ocean to simulate the flow of FIX orders in a non-production environment, and Broadridge’s FIX Conductor offering Blue Ocean the ability to onboard new customers who are not on NYFIX. Blue Ocean will also benefit from additional customer connectivity to manage the flow of customer orders through Broadridge’s managed FIX customer connectivity layer.About Blue Ocean Technologies:
Blue Ocean Technologies, LLC (BOT) is a unique capital markets fintech company that empowers global investors to trade during overnight trading hours in the United States. Blue Ocean Technologies’ U.S. subsidiary, Blue Ocean ATS, LLC, and its Blue Ocean Alternative Trading System (BOATS) trading system, currently trade stocks on the U.S. National Market System (NMS) from 8:00 p.m. to 4:00 a.m. 12 am ET Sunday – Thursday.
Founded in 2019, Blue Ocean ATS’ mission is to turn american trade into global trade through its flagship service, Blue Ocean Session, providing access and transparency to subscribers in all time zones during non-traditional US market hours. For more information, please visit our website: www.blueocean-tech.io and follow us on LinkedIn and Twitter.About Broadridge
Broadridge Financial Solutions (NYSE: BR), a $5 billion global fintech leader, provides the essential infrastructure that powers investing, corporate governance and communications to improve lives financial. We provide technology-driven solutions that drive business transformation for banks, brokerages, asset and wealth managers, and public companies. Broadridge’s infrastructure serves as a global communications hub enabling corporate governance by connecting thousands of public companies and mutual funds to tens of millions of individual and institutional investors worldwide. Our technology and operational platforms underpin the daily transactions of more than US$9 trillion of equities, fixed income and other securities around the world. A certified Great Place to Work®Broadridge is part of the S&P 500® Index, employing more than 13,000 people in 21 countries.
For more information about Broadridge, please visit www.broadridge.com.
Blue Ocean Technologies contacts:
Broadridge contact details:
Head of Investor Relations, Broadridge