Global network and Infrastructure-as-a-Service pioneer TNS has partnered with Blue Ocean Technologies (BOT), owner and operator of the Blue Ocean ATS, a global 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 fibre to accommodate its increasing traffic, automated connectivity, and rapid global growth. Last October, Blue Ocean Technologies implemented its vision within the capital markets industry with the launch of the Blue Ocean ATS, one of the first platforms 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, ultra-low latency network ensures connectivity and compliance for investors across multi-national regulatory environments. For Blue Ocean ATS, this provides additional security and compliance coverage and overcomes the narrow limitations of pre- and post-market US capital exchange engagement for brokers, dealers and market makers around the world.
Liquidity and price discovery, missing from previous overnight trading solutions, are now possible utilising 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 localised customer service around the world made TNS the best candidate for this major step in Blue Ocean Technologies’ growth.
