Broadridge Integrates with Blue Ocean Technologies

To better serve banks and broker-dealers in North America and APAC regions on the NYFIX network around the clock, Broadridge Financial Solutions, Inc. announced a global partnership with Blue Ocean Technologies (BOT), a unique capital markets Fintech focused on global afterhours trading. Blue Ocean ATS (BOATS) will integrate with Broadridge’s NYFIX order-routing network to offer clients untapped, after-market access to US equities. This according to a story in Finextra news. Blue Ocean ATS operates an alternative trading system that replicates a daytime trading experience with electronic access, transparent price discovery, regulatory requirements, and clearing and settlement processes while overlapping significantly with Asia Pacific business hours. Blue Ocean Technologies will benefit from Broadridge’s VeriFIX solution, allowing Blue Ocean to simulate FIX order flow in a non-production environment, and Broadridge’s FIX Conductor offering Blue Ocean the ability to onboard new clients not on NYFIX. Blue Ocean will also reap additional client connectivity to manage client order flow through Broadridge’s managed FIX client connectivity layer.