“With so many Asian companies now listed on U.S. exchanges, and investors needing access to U.S. liquidity, it’s exciting to bring greater transparency to our customers throughout the region.”
Intercontinental Exchange has announced that Blue Ocean Technologies’ real-time data feed for U.S. equities trading during Asian business hours will be available on the ICE Consolidated Feed.
This offering combines Blue Ocean ATS’ real-time after hours market data with the global reach and distribution of the ICE Consolidated Feed and connectivity.
The Blue Ocean ATS offers trading access to U.S. National Market System stocks between the hours of 8:00 pm and 4:00 am ET. This matches the most active trading period in Asia, providing an “exchange-like” experience for global investors with electronic order-delivery and live market data. The Blue Ocean ATS real-time data feed will now be available over the ICE Consolidated Feed, which aggregates cross-asset content from over 600 global sources, including exchanges and over-the-counter venues.
Ocean ATS meets a unique need in global equity trading
Amanda Hindlian, President of Fixed Income and Data Services at ICE, said: “With so many Asian companies now listed on U.S. exchanges, and investors needing access to U.S. liquidity, it’s exciting to bring greater transparency to our customers throughout the region. The Blue Ocean ATS meets a unique need in global equity trading and is a perfect match for the global distribution and connectivity network that we offer.”
Matt Horisk, Chief Operating Officer, Blue Ocean Technologies, commented: “As we work to deliver on our mission of offering real-time access to U.S. equity trading and market data during Asian hours, working with companies like ICE allows us to provide our data to the broadest possible market in a short amount of time. With its leading global distribution and connectivity offering, the ICE Consolidated Feed gives us the reach we need to continue growing in countries throughout Asia, while providing us with a robust and reliable platform for delivering our data in key financial markets around the world,” he added.
The ICE Consolidated Feed provides a broad range of financial information across equities, derivatives, fixed income, foreign exchange, money markets, commodities, energy and ETFs. ICE provides the service to banks, asset managers, hedge funds and ISVs, who can use data in real-time or delayed, tick-by-tick or conflated.
ICE Global Network has recently expanded in Asia, bringing ICE’s network and managed services to parity with other financial centers in the U.S. and Europe.