Blue Ocean ATS, which provides overnight trading of US stocks, has launched a connectivity and market data partnership in Hong Kong and aims to enter Japan, and then Singapore.
The Blue Ocean ATS session allows trading of US stocks during US overnight hours, from 8PM ET to 4AM ET, from Sunday to Thursday. Brian Hyndman, president and chief executive of Blue Ocean Technologies, told Markets Media that volumes from Asia Pacific volumes are picking up.
“Volume from South Korea has increased from 1 million to 7 million per night” he added. “Overnight volumes are all increasing in the US and we are making inroads in Japan and Europe.”