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Blue Ocean taps Broadridge solutions
Partnership to facilitate after-market access to US equities
The Asset 1 Aug 2022

Fintech firm Blue Ocean Technologies (BOT) has partnered with New York-based Broadridge Financial Solutions to offer clients untapped, after-market access to US equities.

Under the deal, BOT’s US broker-dealer subsidiary Blue Ocean ATS (BOATS) will integrate with Broadridge’s NYFIX order-routing network.

BOATS operates an alternative trading system that replicates a daytime trading experience with electronic access, transparent price discovery, regulatory requirements, and clearing and settlement processes while overlapping significantly with Asia-Pacific business hours.

“In today’s environment of extreme volatility, access and transparency are mission-critical to fostering fair markets,” says Ray Tierney, president of Broadridge Trading and Connectivity Solutions. “Through Blue Ocean’s access to overnight markets and Broadridge’s expansive client connectivity and proven managed services, we will do just that – enabling increased access to markets for global traders.”

Matthew Horisk, BOT’s chief operating officer and chief information officer, adds: “Blue Ocean was founded with the sole objective of bringing accessibility to all investors and partnering with Broadridge will further our global connectivity and client reach among banks and broker-dealers.”

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