TSE acquires 5% stake in Blue Ocean amid US overnight trading deal

Rick Steves

The long-term vision is to enable US investors to seamlessly trade Japanese stocks, further bridging the gap between the two major financial markets.

Blue Ocean Technologies (BOT) and the Tokyo Stock Exchange (TSE) have sealed their strategic partnership agreement, with TSE making a five percent investment in BOT as part of the deal.

This groundbreaking collaboration aims to enhance access for global investors in Japan and facilitate TSE customers’ ability to trade US equities on the Blue Ocean ATS during Japanese business hours. Furthermore, the partnership envisions a future where US investors can seamlessly trade Japanese stocks.

“We continue to grow our trading in the Asia Pacific region”

Brian Hyndman, President and CEO of Blue Ocean Technologies and Blue Ocean ATS, said: “We are happy to complete this strategic transaction with the Tokyo Stock Exchange. This partnership comes at a pivotal time as we continue to grow our trading in the Asia Pacific region.”

Hyndman highlighted the value of this collaboration in terms of accelerating business growth, technological advancement, and global access while fostering connections between local Japanese investors and the limitless trading opportunities offered by the Blue Ocean ATS platform.

Blue Ocean Technologies has already established a strong global presence, with operations spanning Japan, South Korea, and Hong Kong. The strategic partnership with TSE marks a significant step towards enhancing the accessibility of international markets for investors in these regions.

With Japan being one of the world’s largest and most influential financial markets, this collaboration holds immense potential for facilitating cross-border trading and investment activities.

Making trading accessible during US overnight trading hours

At its core, Blue Ocean Technologies aims to empower global investors by making trading accessible during US overnight trading hours.

Blue Ocean ATS, along with its innovative trading system, the Blue Ocean Alternative Trading System (BOATS), currently facilitates the trading of US National Market System (NMS) stocks from 8:00 pm to 4:00 am ET, Sunday through Thursday.

This unique approach enables investors worldwide to participate in non-traditional US market hours, fostering a more inclusive and accessible trading environment.

Long-term vision is to enable US investors to trade Japanese stocks

The long-term vision is to enable US investors to seamlessly trade Japanese stocks, further bridging the gap between the two major financial markets.

This ambitious goal aligns with the broader industry trend of globalization and the increasing demand for diversified investment portfolios that span international boundaries.

Founded in 2019, Blue Ocean’s flagship service, Blue Ocean Session, is dedicated to transforming US trading into a global phenomenon by providing access and transparency to subscribers in all time zones during non-traditional US market hours.

Read this next

Retail FX

Weekly Roundup: eToro links up with Elon Musk, US crackdown on Russian FX

Let’s take a look back at top stories that dominated the financial markets in our Weekly Round coverage. This week’s digest takes a deep dive into the most recent events and trends within the Forex, Fintech, and cryptocurrency.

blockdag

Must-Watch Top 5 Crypto Picks for Q2 2024 Featuring BlockDAG, Toncoin, Solana and More

Dive into BlockDAG’s meteoric rise and explore other promising altcoins like Pepe, Toncoin, Solana, and Render for superior returns.

Retail FX

Clone of Admiral Markets draws FCA attention

The United Kingdom’s financial markets watchdog today unmasked another fraudulent entity, this time bringing to light a clone firm that has been posing as FCA-‎authorised brand, Admiral Markets UK Ltd.

Digital Assets

Gemini Earn users to recover $2.18 billion in crypto payouts

Cryptocurrency exchange Gemini has agreed to pay $50 million worth of digital assets to investors in its Gemini Earn program as part of a settlement with the New York Attorney General (NYAG), announced on Friday.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: British Pound (GBP) Weakness, US Inflation, Euro, USD June 14 ,2024

British Pound weakens due to lower inflation expectations, potential policy changes from Reform Party, and broader economic concerns.

blockdag

Q2 2024’s Top 5 Cryptos to Buy: BlockDAG, Pepe, Toncoin, Solana and Render

Learn about 2024’s Q2 top 5 cryptos. Explore potential high-return and advancements of altcoins like BlockDAG, Pepe, Toncoin, Solana, and Render.

Fundamental Analysis, Tech and Fundamental, Technical Analysis

GBPCAD Technical Analysis Report 14 June, 2024

GBPCAD currency pair can be expected to fall further toward the next support level 1.7250, former strong resistance from last year.

Digital Assets

Binance acquitted of tax evasion in Nigeria, now faces AML charges

Nigeria has dropped tax evasion charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, after the world’s largest cryptocurrency exchange appointed a local representative to handle court processes related to the allegations.

Digital Assets

Trezor launches new hardware wallet ‘Safe 5’ with fresh security features

Crypto hardware wallet manufacturer Trezor announced on Friday the launch of its latest flagship product, the Trezor Safe 5, featuring upgraded security to promote self-custody of digital assets.

<