Blue Ocean Technologies partners with MEMX to support ATS global trading platform
MEMX will serve as technology partner for the platform, with expected implementation of the technology by the end of this quarter.
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.