Pico Partners with Blue Ocean Technologies for After-Hours US Equities Trading Expanding PicoNet’s Capabilities
July 09 2024 - 6:00AM
Pico, a leading global provider of mission-critical technology
services, software, data and analytics for the financial markets
community, announced today a connectivity partnership with Blue
Ocean Technologies, LLC (BOT), a capital markets fintech leader in
global trading and data, to expand Pico’s market services for
after-hours trading. As a result, PicoNet™ clients will now be
connected to BOT’s Blue Ocean ATS to access enhanced overnight
trading capabilities for US equities.
Blue Ocean ATS offers after-hours trading between 8 p.m. and 4
a.m. Eastern Time from Sunday to Thursday. This addition to PicoNet
is particularly valuable for APAC investors, who can now manage
their risk in real-time and trade US stocks during their daytime
hours.
“We are thrilled to integrate Blue Ocean ATS into
PicoNet, offering reliable access to after-hours trading for US
equities," said Jarrod Yuster, CEO of Pico. "This
partnership empowers our clients, especially in the APAC region, to
manage risk in real-time during local market hours, reinforcing our
commitment to providing cutting-edge connectivity
solutions.”
“We are delighted to grow our reach and access to
traders globally given our new partnership with Pico,”
said Brian Hyndman, President, and CEO of Blue Ocean Technologies.
“Our mission is to continue to drive market accessibility
with our innovative approach that offers global traders the
opportunity to trade during unconventional market hours. As the
first leading market operator enabling 24 hour trading days in
equities, we are excited to partner with a top-tier market
technology provider like Pico to drive our growth among their Asia
Pacific and other global subscribers.”
Key partnership benefits include:
Reliable and Fast Connectivity: Clients benefit
from seamless and uninterrupted connectivity to Blue Ocean ATS,
ensuring efficient access to after-hours trading.
Comprehensive Real-Time Data Access: Access to
real-time data during the extended trading window enhances
decision-making and trading strategies.
Scalable and Secure Solutions: Pico’s
comprehensive global infrastructure supports scalability to meet
growing client needs while maintaining the highest data security
standards.
Proactive Customer Support: Dedicated support
teams with specialized knowledge provide proactive guidance and
immediate issue resolution during after-hours trading sessions.
The addition of Blue Ocean ATS to PicoNet aims to serve US
equities clients and APAC investors seeking reliable and
comprehensive after-hours trading solutions. Pico’s advanced
technology infrastructure ensures clients receive high-quality data
and connectivity services, supporting their trading activities and
strategic decisions.
About PicoPico is a leading global provider of
technology services for the financial markets community. Pico’s
technology and services power mission-critical systems for global
banks, exchanges, electronic trading firms, quantitative hedge
funds, and financial technology service providers. Pico provides a
best-in-class portfolio of innovative, transparent, low-latency
markets solutions coupled with an agile and expert service delivery
model. Instant access to financial markets is provided via
PicoNet™, a globally comprehensive network platform instrumented
natively with Corvil to generate analytics and telemetry. Clients
choose Pico when they want the freedom to move fast and create an
operational edge in the fast-paced world of financial markets.
To learn more about Pico, please visit
https://www.pico.net.
About Blue Ocean TechnologiesBlue Ocean
Technologies, LLC (BOT) is a unique capital markets fintech company
empowering global investors by making trading possible during US
overnight trading hours. Blue Ocean ATS, LLC, and its trading
system Blue Ocean Alternative Trading System (BOATS),
currently trade US National Market System (NMS) stocks
from 8:00 pm to 4:00 am ET from Sunday – Thursday.
Founded in 2019, Blue Ocean ATS is on a mission to transform
US trading to Global trading via 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,
visit www.blueocean-tech.io or contact
us at sales@blueoceanats.com.
Press Contacts:
Picopr@pico.net
Blue Ocean Technologiespress@blueocean-tech.io