t0 Offers Non-US Hours Trading Platform for US Securities

The firm also forms a new firm after acquiring Singapore-based Blue Ocean Technology.


t0 formed a new company, called Blue Ocean Technologies LLC, which will be a subsidiary of t0, to offer the new marketplace to traders and investors outside of regular US hours. Joe Cammarata, president of t0, said its platform has already attracted large clients interested in providing daily liquidity.

"Blue Ocean Technologies will provide investors in the rapidly growing Asian region with an avenue to execute US equities during their usual business hours," Cammarata said.

The platform, approved as an alternative trading system (ATS), not only allows traders outside of the US to have full after-hours access to US markets, but also lets users in the country to track off-hours market movements.

Greg Shinnick, who was the CEO of Blue Ocean Financial Technology and who will serve as a managing member of newly-formed Blue Ocean Technologies,  said the partnership with t0 helps in the goal of expanding the global securities market.

"The relationship allows for a broader sphere of access and reach," Shinnick said.

t0 uses distributed-ledger technology for its platforms and runs the PRO Alternative Trading System, which recently supported the issuance of blockchain equity in Overstock.com.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Firms step up non-compete use to protect tech, data IP

US states are increasingly banning or limiting the use of non-compete contracts, but financial firms are using them more frequently to safeguard proprietary tech and data assets—including the knowledge of the individuals who work on them.

Post-trade processing via NYFIX matching

A case study underscoring how a global asset management firm successfully addressed post-trade processing challenges by adopting NYFIX Matching from Broadridge.

The move to T+1: This time is different

This whitepaper, created by Broadridge,  focuses on leveraging robotic process automation and AI to ensure a smooth transition from T+2 to T+1 settlement.

Waters Wrap: Examining ASX’s CHESS do-over

The Australian exchange was the first exchange to be all-in on DLT—and the project failed. Anthony speaks with ASX’s Tim Whiteley to discuss the lessons learned and why he thinks the second attempt will succeed.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here