FlexTrade Systems (FlexTrade), a global high-performance multi-asset sell-side technology provider and Blue Ocean Technologies (BOT), a unique capital markets fintech company in global afterhours trading, have announced a connectivity partnership to broaden access to FlexTrade’s sell-side order management solutions for broker-dealer subscribers.
As part of the partnership, FlexTrade is offering broker-dealer clients access to the Blue Ocean ATS trading platform for after–hours trading in US equities from 8:00 pm – 4:00 am EST, further driving development within the 24-hour global equities trading sector.
What does the partnership mean for Blue Ocean?
Brian Hyndman, President and CEO of Blue Ocean Technologies and Blue Ocean ATS, commented, “We are delighted to partner with a respected industry leader like FlexTrade.”
“Blue Ocean Technologies average daily volume has grown 230% in 2023 from 2022, validating the overall need for the offering providing additional choices for investors that want to manage their risk, validating the overall need for the offering providing additional choices for investors that want to manage their risk. The expansion is due in large part to connectivity partnerships with trading platforms like FlexTrade Systems,” Brian added.
“FlexTrade will now offer users access to our Blue Ocean Sessions service, underscoring the value of providing users with new routing choices, more trading flexibility, and transparency after hours. We are excited to continue growing our reach for traders globally,” Brian said.
What does the partnership mean for FlexTrade?
FlexTrade Systems’ Shane Remolina, Director of Business Development, Sell-Side Trading Solutions commented, “FlexTrade’s objectives include providing best-in-class service and support coupled with cutting-edge feature sets and functionality to our customers.”
“Partnering with Blue Ocean is a natural fit and next step that will enable our customers with large trading flows in the Asia Pacific region to access Blue Ocean’s overnight session in US names. We are extremely excited to have added Blue Ocean connectivity to FlexTrade’s already best-in-class institutional grade retail trading suite,” Shane concluded.
