PR94426

NEW YORK and SEOUL, Feb. 7, 2022 /PRNewswire=KYODO JBN/ --

-- Samsung Securities Goes Live Offering Clients Real-Time Access Via Blue

Ocean ATS

-- Seoul Becomes First Asian Market Center to Commence US Equities Trading Day

from Korea

Blue Ocean Technologies LLC (BOT), a global fintech leader in afterhours

trading and the holding company of Blue Ocean ATS; and Samsung Securities, the

brokerage subsidiary of Samsung Group, announced today the signing of a

Memorandum of Understanding (MOU), entering a strategic partnership to trade US

National Market System (NMS) stocks during local business hours in Korea.

Effective February 6, 2022, (US ET) Samsung Securities began offering clients

access to trade US equities via the Blue Ocean Alternative Trading System (ATS)

market center. This platform offers Asia Pacific based investors the ability to

trade during their local business hours, i.e., 10:00AM to 6:00PM. Blue Ocean

ATS currently offers all subscribers the option to trade via its Trademark Blue

Ocean Session from 8:00PM to 4:00AM US ET.

For the first time in history, US equities commenced trading during local

business hours on Monday morning in Korea, as a result of this partnership

between Samsung Securities and Blue Ocean Technologies LLC. Blue Ocean ATS is

currently connected to leading broker dealers in the US to serve institutional

and retail investors who want to trade during non-traditional US market hours.

Samsung Securities is Blue Ocean Technologies' first international partner for

transparent electronic trading access and market data during a time previously

unavailable to Asia-Pacific based investors.

By starting Overnight Trading Service, Samsung Securities is the only firm that

can trade U.S. stocks during the daytime in Korea. Three hours after the

post-market and 30 minutes before the pre-market trading, Samsung Securities'

clients will be able to trade U.S. stocks for 20 hours and 30 minutes a day.  

Previously, Korean (and other global investors) had difficulties trading US

equities during the night and dawn, however, now given the partnership with

Blue Ocean the problem is completely solved.

According to Samsung Securities, 50% of all trades are traded from 23:30 to

1:30 (Korean time), it seems like investors have been focusing on the beginning

of the trading day because it is very difficult to trade at dawn or when

investors are typically sleeping. The Blue Ocean overnight trading service will

expand the base of overseas trading.

Chief Executive Officer of Blue Ocean Technologies, Ralph Layman, commented,

"Today marks a tremendous milestone for global investors thanks to our

strategic partnership with Samsung Securities, an incredibly well-respected

international brand and multi-faceted innovator. We are delighted to have

officially launched in Asia to facilitate real-time trading access for Korean

investors. This partnership allows us to transport the US equities trading day,

and our Blue Ocean trading model, to provide expanded local access to the

greatest capital market in the world. Samsung Securities gained a global first

mover advantage as the first APAC based firm to provide their customers access

to this new trading opportunity.  As of today, the US equity market opens in

Seoul."

Corporate Vice President of Samsung Securities, Jae-Hoon Sa, commented,

"Despite the expansion of overseas trading, the physical time difference in

each country has been a difficult obstacle for investors, and the opening of

the service has allowed domestic investors to conveniently trade U.S stocks

during the day when the Korean market opens, completely changing the game for

the investing community. Investors can compare the same kind of industry stocks

in the U.S and Korea, and they can invest right away by using the information

from the news and corporate announcement after U.S market close.  In the past,

Korean investors have started their day with checking the market conditions

after U.S market close, now we look forward to seeing U.S investors start their

day checking the market conditions after the Korean market closes," he added.

About Blue Ocean Technologies:

Blue Ocean Technologies, LLC (BOT) is a unique capital markets fintech company

empowering global investors by making trading possible during US overnight

trading hours. Blue Ocean Technologies' US broker dealer subsidiary, Blue Ocean

ATS, LLC, and its trading system Blue Ocean Alternative Trading System (BOATS),

currently trade US National Market System (NMS) stocks from 8:00 pm to 4:00 am

ET from Sunday – Thursday. Founded in 2019, Blue Ocean ATS is on a mission to

transform US trading to Global trading via its flagship service, Blue Ocean

Session, providing access and transparency to subscribers in all time zones

during non-traditional US market hours. Learn more about how to connect:

sales@blueoceanats.com

For additional information, please visit our website: www.blueocean-tech.io and

follow us on LinkedIn (

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SOURCE Blue Ocean Technologies, LLC