Blue Ocean Technologies
- Company typePrivate
- Founded2016
- HeadquartersWest Palm Beach, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Blue Ocean Technologies firmographics
Firmographics- Name
- Blue Ocean Technologies
- Legal name
- Blue Ocean Technologies, LLC
- Website
- https://blueocean-tech.io
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Where Blue Ocean Technologies is headquartered
LocationHeadquarters
- HQ city
- West Palm Beach
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Blue Ocean Technologies business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Others
Revenue model
- Transaction/Trading Fees: Revenue generated from transaction fees charged on trades executed through the Blue Ocean ATS platform during overnight trading sessions. The platform processes approximately $1-1.2 billion in notional volume nightly.
- Market Data Sales: Revenue from distributing real-time overnight trading data to institutional clients, Bloomberg Terminal subscribers (exchange code 'OC'), B-PIPE users, NYSE Cloud Streaming, and 135+ data subscriber firms across 27 countries.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction fee model for ATS trading |
Go-to-market motion3 records
Distribution channels8 records
Marketing channels8 records
Blue Ocean Technologies product offering
Product offeringCore offering
Blue Ocean Technologies operates Blue Ocean ATS (BOATS), an SEC-registered Alternative Trading System that enables overnight trading of US National Market System stocks from 8:00 PM to 4:00 AM ET, Sunday through Thursday. Revenue is generated through transaction fees on ATS trades and market data licensing/subscription fees distributed via Bloomberg, NYSE Cloud Streaming, TradingView, Yahoo Finance, Pyth Network, and other data vendors. The platform serves US broker-dealers, Asian retail/institutional clients, and international brokers via sponsored access.
Product overview
Blue Ocean Technologies is a capital markets fintech company operating as a single unified platform centered on its Alternative Trading System. The core product is Blue Ocean ATS (BOATS), an SEC-registered ATS that enables after-hours trading of US National Market System stocks via the Blue Ocean Session service from 8:00 PM to 4:00 AM ET, Sunday through Thursday. The platform provides real-time market data distributed through Bloomberg Terminal, NYSE Cloud Streaming, TradingView, Yahoo Finance, and the Pyth Network. The company is expanding into tokenized NMS equities trading in partnership with RQD Clearing and aligned with DTCC's tokenization roadmap, which will enable 24/7 trading including weekends. Blue Ocean Technologies serves US broker-dealers, institutional investors, retail investors, and foreign financial institutions through its global network of over 140 brokerage firms across 30+ countries.
Differentiator
Problem solved
Functional benefit
Brands
- Blue Ocean ATS (BOATS): Blue Ocean Alternative Trading System - the first alternative trading system to enable US stock trading during evening and overnight hours, operating from 8:00 PM to 4:00 AM ET Sunday through Thursday.
- Blue Ocean Session
Products and services
- Blue Ocean ATS (BOATS) SEC-registered Alternative Trading System operated by Blue Ocean Technologies' broker-dealer subsidiary (Blue Ocean ATS, LLC), enabling trading of US National Market System (NMS) stocks during overnight hours when traditional US exchanges are closed. Accessible to broker-dealers and institutional clients via FIX 5.0/SBE connectivity and to retail via broker-dealer subscribers.
- Blue Ocean Session The flagship extended-hours trading window on Blue Ocean ATS, enabling global investors (especially in Asia-Pacific) to trade US NMS stocks from 8:00 PM to 4:00 AM ET, Sunday through Thursday, aligning US equity trading with Asian business hours.
- Blue Ocean ATS Market Data Real-time overnight US equity market data product including Level 1 Top-of-Book and Level 2 Market Depth data, distributed to institutional and retail platforms through Bloomberg Terminal (exchange code "OC"), B-PIPE, Bloomberg Data License, NYSE Cloud Streaming, TradingView (BOATS: symbol prefix), Yahoo Finance, Pyth Network (onchain), and Kaiko, reaching 135+ data subscriber firms across 27 countries.
- Tokenized NMS Equities Trading Planned tokenized US equities trading capability being developed in partnership with RQD* Clearing LLC, aligned with DTCC's emerging tokenized securities infrastructure, intended to enable 24/7 trading of tokenized NMS equities including weekends and holidays.
Quantifiable outcome
- Trading volume grew from 1 million shares to over 150 million shares per night
- +4 more outcomes
Companies that use Blue Ocean Technologies
Customer profileNamed customers16 records
Segments5 records
Ideal customer profiles4 records
Blue Ocean Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration18 records
Feature6 records
Blue Ocean Technologies partnerships and signals
Strategic signalPartnerships
22 partnerships are on record, tiered strategic and core.
- Broadridge Financial SolutionsstrategicNYFIX platform enhancement enabling clients to access overnight US equity liquidity through CAPIS institutional brokerage and Blue Ocean integration. Gives broker-dealers and institutional clients seamless access to extended-hours liquidity.
- RQD* Clearing LLCcoreStrategic partnership to develop clearing and settlement capabilities for tokenized National Market System equities. MOU signed to align with DTCC's emerging tokenized securities infrastructure. Enables 24/7 trading including weekends and holidays. Both firms positioned as early market infrastructure leaders in tokenized US equities.
- KaikostrategicKaiko selected Blue Ocean Technologies data to power 24/7 Equity Rates for perpetual futures. Blue Ocean's overnight trading data provides critical liquidity and pricing support during reduced traditional exchange activity.
- NYSEcoreIntegration of Blue Ocean's real-time overnight data into NYSE Cloud Streaming alongside the NYSE Best Quote and Trades (BQT) feed. Cost-efficient consolidated market data feed adding value for Asia-Pacific market data demand.
- Pyth NetworkcoreExclusive partnership (through end of 2026) where Pyth is the only data distributor publishing overnight US equity trading data onchain from Blue Ocean ATS platform. Brings SEC-registered institutional US equity pricing during after-hours trading periods to DeFi applications.
- BloombergcoreCollaboration to offer real-time Level 1 Top-of-Book and Level 2 Market Depth data products on Bloomberg Terminal via exchange code 'OC'. Data also available via B-PIPE and Bloomberg Data License for enterprise use.
- TradingViewstrategicIntegration of real-time Blue Ocean ATS data into TradingView. Users can view Blue Ocean ATS market data on US stocks, funds, warrants on charts via BOATS: prefix.
- EventusstrategicBlue Ocean ATS selected Eventus Validus platform as trade surveillance solution. Provides comprehensive surveillance features, processes, and data analysis capabilities for monitoring activity on the platform.
- Yahoo FinancestrategicPartnership making Blue Ocean one of the first major financial news platforms to offer round-the-clock market data. Yahoo Finance users can access continuous real-time quote data for US-listed securities outside regular trading hours.
- Trillium SurveyorstrategicIntegration of Blue Ocean's overnight NMS ATS pre and post-trade data onto Trillium's trade surveillance platform. First trade surveillance provider to cover overnight trading sessions, enabling continuous oversight from 8pm to 4am ET.
- Clear StreetstrategicClear Street launched 24-hour, 6-day trading capabilities for institutional and active trading clients through partnership with Blue Ocean Technologies.
- Wedbush SecuritiesstrategicWedbush launched 24-hour trading capabilities integrating Blue Ocean ATS alongside MOON ATS and OTC Overnight for comprehensive overnight market coverage.
- MEMXcorePartnership with MEMX for new technology platform powering Blue Ocean ATS with state-of-the-art trading software. MEMX technology enhanced system stability after August 2024 capacity issues.
- Tokyo Stock Exchange (TSE)coreStrategic partnership with 5% investment from TSE into Blue Ocean Technologies. Transaction expected to close September 2023, marking Blue Ocean's entry into Japanese market. Aims to expand cross-border trading opportunities and enhance knowledge of US securities market services in Japan and Asia-Pacific.
- RobinhoodcoreBlue Ocean ATS powers expanded trading capabilities at Robinhood, enabling their users to trade US equities during overnight hours.
- Interactive BrokerscoreBlue Ocean ATS expanded connectivity to Interactive Brokers, enabling their clients access to overnight US equity trading.
- Charles SchwabcoreCharles Schwab provides Blue Ocean access to their clients for overnight US equity trading capabilities.
- Samsung SecuritiescoreStrategic partnership launched February 2022. Samsung Securities launched world's first US Stock Daytime Trading service for all US listed stocks and ETPs, powered by Blue Ocean ATS.
- Canadian Securities Exchange (CSE)strategicStrategic alliance formed with CSE supporting trading of US listed equities after hours. CSE invested in Blue Ocean Technologies to support this vision.
- DriveWealthstrategicDriveWealth connectivity enables global partners to offer real-time execution 24 hours a day with seamless transition from overnight to core trading hours.
- FlexTradestrategicOMS and tech vendor integration with Wall Street leader FlexTrade for order management system connectivity.
- LiquidityBookstrategicOMS integration with LiquidityBook for order management system connectivity.
Scale indicators15 records
Recent moves7 records
Expansion highlights6 records
Blue Ocean Technologies competitors and assessment
Company assessmentEmerging players
- Robinhood: Robinhood is both a connected broker-dealer channel partner and an emerging competitor offering its own 24-hour US equity trading capabilities, creating overlap in retail overnight execution.
- Interactive Brokers: Interactive Brokers connects clients to Blue Ocean ATS for overnight trading while also offering its own extended-hours routing capabilities, creating partial product overlap in overnight execution.
Direct peers
- MOON ATS: MOON ATS operates a US overnight alternative trading system directly competing with Blue Ocean ATS during extended US equity trading hours. It is named alongside BOATS by competitors including Wedbush and is one of the few direct same-window peers.
- OTC Overnight: OTC Overnight is a competitor venue offering overnight US equity trading access alongside Blue Ocean ATS. Wedbush integrates both BOATS and OTC Overnight, confirming direct product overlap in the overnight window.
- 24 Exchange: 24 Exchange is building a 24-hour trading platform for US equities and other asset classes, positioning it as a direct competitor to Blue Ocean's overnight ATS offering and overlapping target broker-dealer and institutional customers.
Broad incumbents
- MEMX: MEMX is a US exchange operator that supplies Blue Ocean's matching engine technology while also running its own equities exchange during regular hours, making it both infrastructure partner and broader competitor in the same asset class.
- Nasdaq: Nasdaq is a primary US equities exchange pursuing 24-hour trading initiatives and is the former employer of Blue Ocean CEO Brian Hyndman. It competes for overnight flow while offering much broader market structure products.
- New York Stock Exchange: NYSE is an incumbent exchange integrating Blue Ocean's overnight data feed into NYSE Cloud Streaming while separately pursuing extended-hours trading initiatives, positioning it as both a distribution partner and a structural competitor.
- Intercontinental Exchange (ICE): ICE operates major US equities exchanges and data infrastructure that distributes Blue Ocean overnight data, while also being a potential competitor in 24-hour trading and the broader market data ecosystem.
Others
- Kaiko: Kaiko is a digital asset market data provider that has integrated Blue Ocean overnight data to power 24/7 equity perpetual futures, making it a data customer and ecosystem participant rather than a direct venue competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks1 record
Key highlights7 records
Customer concentration
Blue Ocean Technologies social profiles
Digital presenceBlue Ocean Technologies compliance and trust
Trust signalCompliance3 records
Blue Ocean Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Blue Ocean Technologies leadership team
Management profileNumber of profiles
Profiles7 records
Blue Ocean Technologies subsidiaries and ownership
Company hierarchySubsidiaries2 records
Blue Ocean Technologies funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Blue Ocean Technologies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Blue Ocean Technologies
What does Blue Ocean Technologies do?
Blue Ocean Technologies operates Blue Ocean ATS (BOATS), an SEC-registered Alternative Trading System that enables overnight trading of US National Market System stocks from 8:00 PM to 4:00 AM ET, Sunday through Thursday. Revenue is generated through transaction fees on ATS trades and market data licensing/subscription fees distributed via Bloomberg, NYSE Cloud Streaming, TradingView, Yahoo Finance, Pyth Network, and other data vendors. The platform serves US broker-dealers, Asian retail/institutional clients, and international brokers via sponsored access.
Is Blue Ocean Technologies a public or private company?
Blue Ocean Technologies is a private company. It is classified as venture growth investor backed and is currently operating.
When was Blue Ocean Technologies founded?
Blue Ocean Technologies was founded in 2016. It employs 11 to 50 people.
Where is Blue Ocean Technologies based?
Blue Ocean Technologies is headquartered in West Palm Beach, United States, in the North America region.
How does Blue Ocean Technologies make money?
Two revenue lines are on record. Transaction/Trading Fees are the primary driver. The others are market Data Sales.
Who are Blue Ocean Technologies's main competitors?
Emerging players on record are Robinhood and Interactive Brokers. Direct peers are MOON ATS, OTC Overnight and 24 Exchange. Broad incumbents are MEMX, Nasdaq, New York Stock Exchange and Intercontinental Exchange (ICE). Kaiko is listed as an others.
Does Blue Ocean Technologies have an API?
Yes. Blue Ocean ATS provides connectivity via FIX 5.0 and SBE (Simple Binary Encoding) for integration with Order Management Systems (OMS), Execution Management Systems (EMS), and networks. The platform enables connectivity for broker-dealers, institutional traders, and technology providers to access overnight US equity trading.