TNS Partners With Blue Ocean Technologies to Expand US Stock Trading Footprint

TNS Partners With Blue Ocean Technologies to Expand US Stock Trading Footprint

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LiquidityFinder
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Oct 5, 2022
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October 5, 2022 – Network and infrastructure-as-a-Service provider TNS today announced a partnership with Blue Ocean Technologies (BOT), owner and operator of the Blue Ocean ATS, an alternative trading system (ATS) that operates from 8:00PM EDT to 4:00AM EDT.

Blue Ocean ATS will leverage TNS’ robust network backbone and dark fiber to accommodate its increasing traffic, automated connectivity, and rapid global growth. Last October, Blue Ocean Technologies implemented launched Blue Ocean ATS to provide real-time access and US stock trading capabilities to investors who want to trade outside of traditional US stock exchange hours of operation.

TNS’ private cloud-based, low latency network seeks to ensure connectivity and compliance for investors across multi-national regulatory environments. For Blue Ocean ATS, this provides additional security and compliance coverage and aims to overcome the limitations of pre and post-market US capital exchange engagement for brokers, dealers and market makers around the world.

“Investors across all time zones want to capitalize on real-time market developments, and TNS’ infrastructure provides the touchpoints, orchestration resilience, and international connectivity – especially in Asia Pacific,” said BOT Chief Operating Officer and CIO Matthew Horisk. “TNS has access around the world, the ability to adapt to new regulations, and the disaster recovery redundancy capabilities to grow our business.”

Liquidity and price discovery, missing from previous overnight trading solutions, are now possible utilizing the TNS network and managed service platform. Security of the private network and its access to all public clouds, uniformity of compliance and regulatory oversight, redundancy and recovery capabilities, plus the localized customer service around the world made TNS the best candidate for this major step in Blue Ocean Technologies’ growth.

“The investment community’s growing demand for round-the-clock stock trading has been held back by concerns about low liquidity and limited network capabilities,” said Rick Gilbody, Head of North America Sales, for TNS’ Financial Markets. “With the Blue Ocean platform hosted and cloud-enabled across the global TNS backbone, this is a true paradigm shift with the launch of real-time, industrial-grade trading on Blue Ocean’s ATS.”

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