Name

Blue Ocean Technologies

Legal name

Blue Ocean Technologies, LLC

Website

https://blueoceanats.com

Company type

Private

Founded year

2016

Operating status

Operating

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Transaction Fees: Blue Ocean generates revenue through transaction fees charged on trades executed through its ATS platform during overnight trading sessions.
2. Market Data Sales: The company sells real-time overnight trading data to institutional clients, subscribers, and data vendors including Bloomberg, NYSE, TradingView, Yahoo Finance, and Pyth Network.
3. Subscriber Access Fees: Revenue from US broker-dealer subscribers and international brokers who access the Blue Ocean ATS platform for overnight trading capabilities.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Blue Ocean Technologies operates Blue Ocean ATS (BOATS), an SEC-registered Alternative Trading System that enables overnight trading of US National Market System (NMS) stocks from 8:00 PM to 4:00 AM ET, Sunday through Thursday. Through its Blue Ocean Session service, the platform provides electronic order matching, real-time market data (Level 1 and Level 2), and connectivity to broker-dealers, institutional investors, and global market participants. Revenue is generated from transaction fees, broker-dealer subscriber access, and market data licensing distributed through partners including Bloomberg, NYSE, TradingView, Yahoo Finance, and the Pyth Network blockchain oracle.

Product overview

Blue Ocean Technologies operates a unified fintech platform centered on its Blue Ocean ATS (BOATS) alternative trading system, which is the first and leading platform for overnight US equities trading. The core offering consists of the Blue Ocean ATS matching engine and the Blue Ocean Session trading service, enabling trading of approximately 11,000 NMS securities from 8pm to 4am ET Sunday through Thursday. Supporting data products include Level 1 Top-of-Book and Level 2 Market Depth market data feeds, distributed through major platforms including Bloomberg Terminal, NYSE Cloud Streaming, TradingView, ICE, LSEG, Refinitiv, and the Pyth Network blockchain oracle. The platform serves broker-dealers, institutional investors, and retail investors (particularly in Asia-Pacific) seeking access to US markets during non-traditional hours.

Differentiator

Problem solved

Functional benefit

Brands

• Blue Ocean ATS (BOATS): Blue Ocean Alternative Trading System - the first alternative trading system to expand US market hours, enabling trading of US NMS stocks 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 ATS, LLC that enables electronic order-matching for US National Market System (NMS) stocks during overnight hours from 8:00 PM to 4:00 AM ET, Sunday through Thursday. Bridges the eight-hour time gap in US equities trading and serves US broker-dealer subscribers, international brokers, institutional investors, and retail-driven volume originating in Asia-Pacific.
• Blue Ocean Session The flagship overnight trading service offered through Blue Ocean ATS, enabling global investors (primarily US broker-dealers, international brokers via sponsored access, and institutional clients) to trade US equities during the 8:00 PM – 4:00 AM ET window. Provides dynamic and transparent price discovery, substantial available liquidity, and full depth-of-book market data with live actionable Bid/Offer quotes.
• Level 1 Top-of-Book Market Data Real-time best bid/offer pricing data for US equities during overnight trading hours, distributed to institutional clients and data vendors through Bloomberg Terminal (exchange code 'OC'), Bloomberg B-PIPE, Bloomberg Data License, NYSE Cloud Streaming, and other distribution channels. Non-subscribers receive data at a 15-minute delay.
• Level 2 Market Depth Data Full depth-of-book market data providing multi-level order book information for US equities during overnight trading hours, enabling detailed market analysis, price discovery, and trade surveillance visibility for institutional subscribers and data vendors.
• Pyth Network Data Feed Real-time overnight US equities pricing data published onchain via the Pyth Network oracle, enabling DeFi protocols and blockchain-based financial applications to access institutional-grade overnight US equity pricing. Pyth is the only data distributor publishing overnight US equity trading data onchain under this exclusive arrangement through end of 2026.

Quantifiable outcome

• Trades ~$1B nightly notional with record single session of $4.9B
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

Feature5 records

Partnerships

Twelve partnerships are on record, tiered major and minor.

• RQD Clearing LLCmajorStrategic or Co-development Partner · 4 March 2026Strategic partnership to develop clearing and settlement infrastructure for tokenized NMS equities. Collaboration aligned with DTCC's emerging tokenized securities framework to enable 24/7 trading including weekends.
• NYSE GroupmajorTechnology or Integration · 7 October 2025Integration of Blue Ocean real-time overnight data into NYSE Cloud Streaming alongside NYSE Best Quote and Trades (BQT) feed. Provides cost-efficient consolidated market data feed.
• BloombergmajorTechnology or Integration · 30 September 2025Collaboration with Bloomberg 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.
• Pyth NetworkmajorTechnology or Integration · 25 September 2025Exclusive partnership through end of 2026 making Pyth the only data distributor publishing overnight US equity trading data onchain. Blue Ocean publishes real-time overnight US equities pricing to blockchain-based financial applications.
• TradingViewmajorTechnology or Integration · 1 August 2025Real-time Blue Ocean ATS data integrated into TradingView platform. Users can view Blue Ocean ATS market data on US stocks, funds, warrants using BOATS: prefix in symbol search.
• Wedbush SecuritiesmajorChannel Partner/ Reseller/ Distributor · 15 July 2025Wedbush launched 24-hour trading capabilities integrating Blue Ocean ATS, MOON ATS, and OTC Overnight for comprehensive overnight market coverage from 8PM to 4AM ET.
• Yahoo FinancemajorTechnology or Integration · 1 July 2025Partnership makes Blue Ocean one of the first major financial news platforms to offer round-the-clock 24/5 market data. Yahoo Finance users access continuous real-time quote data for US stocks during overnight hours.
• Broadridge Financial SolutionsmajorStrategic or Co-development Partner · 29 May 2025Broadridge expanded NYFIX platform with overnight US equity trading access through integration with CAPIS and Blue Ocean ATS. Enables broker-dealers and institutional clients seamless access to extended-hours liquidity.
• Clear StreetmajorChannel Partner/ Reseller/ Distributor · 31 March 2025Clear Street connected to Blue Ocean Technologies expanding to 24-hours, six days a week trading. Asian clients can trade US stocks during their own trading hours via Blue Ocean ATS.
• DriveWealthminorChannel Partner/ Reseller/ Distributor · 1 January 2025DriveWealth connectivity enables global partners to offer real-time execution 24 hours a day, including seamlessly transitioning from overnight to core trading hours.
• MEMXmajorTechnology or Integration · 1 January 2024Partnership with MEMX for new technology platform powering Blue Ocean ATS with state-of-the-art trading software. Improved capacity by several hundredfold following August 2024 incident.
• Samsung SecuritiesmajorChannel Partner/ Reseller/ Distributor · 1 January 2022Strategic partnership announced with Samsung Securities to enable daytime trading of US stocks for Korean investors. Samsung launched world's first US Stock Daytime Trading service using Blue Ocean ATS.

Scale indicators12 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• MOON (Market on Open Night): Overnight US equities ATS competitor referenced alongside Bruce as the other main alternative to Blue Ocean in overnight trading. Targets the same retail- and broker-driven extended-hours flow that powers Blue Ocean Session.
• Bruce ATS: Operates an SEC-registered Alternative Trading System focused on overnight US equities trading, directly competing with Blue Ocean ATS for broker-dealer flow during the post-close window. Mentioned in source materials as a competitor splitting ~10% of overnight ATS share with Blue Ocean at ~90%.
• 24X National Exchange: SEC-recognized exchange pursuing 24-hour US equities trading, overlapping directly with Blue Ocean's overnight session mission. Competes for the same narrative of extending US market hours, though operating as an exchange rather than an ATS.

Broad incumbents

• MEMX (Members Exchange): US equities exchange operator and Blue Ocean's technology platform partner since 2024, providing the trading software stack that powers BOATS. Comparable as a US equities trading venue operator, though focused on daytime hours.
• IEX: Operates an SEC-regulated ATS and exchange focused on US equities with speed-bump and routing innovations. Comparable as an established US ATS operator serving institutional broker-dealer flow.
• Liquidnet: Operates ATS and block-trading venues for equities globally, including dark-pool functionality. Comparable as a larger, established ATS operator serving institutional and broker-dealer clients in US equities.
• MIAX: Multi-asset exchange group operating equities, options, and futures venues. Provides a comparable US equities exchange/ATS operating model, though broader in scope than Blue Ocean's overnight focus.

Emerging players

• TradeStation: Online retail broker-dealer that has expanded into24-hour US equity trading capabilities. Comparable as an emerging player delivering extended-hours trading to retail clients, intersecting with Blue Ocean's retail-driven overnight volume base.
• Coinbase: Operates 24/7 trading venues for crypto assets and is exploring tokenized equities/RWA products. Comparable thematically as a 24/7 venue and tokenized-equity pioneer, though currently operating primarily in crypto rather than ATS-regulated US equities.

Others

• Kaiko: Institutional crypto and digital asset data provider that selected Blue Ocean data to power 24/7 Equity Perpetual Futures. Comparable as a data-distribution and infrastructure partner in the overnight US equities data ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/BlueOceanATS
• LinkedInlinkedin.com/company/blue-ocean-technologies-llc-an-overnight-trading-company

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Blue Ocean Technologies