LiquidityBook Pioneers 24-Hour Equity Trading Through Blue Ocean ATS Collaboration

LiquidityBook Launches 24-Hour Equity Trading Functionality

LiquidityBook, a recognized leader in cloud-native trading solutions and a subsidiary of FactSet, has recently unveiled a groundbreaking service that enables its buy-side clients to trade U.S. equities around the clock. This initiative is made possible through a strategic partnership with Blue Ocean ATS, in conjunction with Capital Institutional Services (CAPIS). With this new functionality, traders can access overnight trading opportunities from Sunday to Thursday, ensuring they are well-equipped to respond to market events that occur outside traditional business hours.

Elevating Trading Flexibility

This collaboration is centered around the user-friendly integration of the Blue Ocean ATS, designed specifically for after-hours trading. LiquidityBook's buy-side clients can now execute trades from 8:00 PM to 4:00 AM Eastern Time, thereby maximizing their ability to stay connected with global markets. Whether it’s responding to significant geopolitical movements or corporate announcements made after hours, the new capability offers traders a vital tool for proactive engagement in the market.

Les Vital, Principal Sales Specialist at LiquidityBook highlighted the company's achievement, stating, "Buy-side firms have been asking for a simple, reliable way to trade overnight, and we're thrilled to be the first Order Management System (OMS) to make that a reality for the institutional side of the market. This collaboration provides our clients uninterrupted access to the market, allowing them to act on critical market-moving news without delays."

Supporting Infrastructure by CAPIS

Additionally, CAPIS plays a crucial role in this new trading environment by acting as the introducing broker. This partnership not only facilitates trade execution but also enables clearing services, thereby enhancing the efficiency and flexibility of the trading process. Mark Viani, Director of Institutional Sales and Managed Account Solutions at CAPIS, expressed the organization's excitement, stating, "We're excited to play a key role in enabling this expanded trading capability for LiquidityBook's buy-side clients. Our focus remains on providing seamless access that ensures trades flow efficiently from execution to settlement."

Market Demand and Response

Matthew Horisk, Chief Operating Officer of Blue Ocean Technologies, added insight into the market dynamics behind this collaboration, stating, "This collaboration is exactly what the market has been waiting for." The demand for overnight trading has been increasing steadily, and this partnership allows buy-side firms to meet that demand effectively with upgraded trading capabilities.

By offering an electronic and fully transparent alternative trading system, clients of LiquidityBook can engage in after-hour trading that was previously hard to access. The growing need for real-time data and responsive trading mechanisms has never been more evident. With the addition of this functionality, clients can take full advantage of market movements, minimizing their risk while maximizing their trading potential.

Technology and Global Reach

The technological framework supporting this offering is robust, with LiquidityBook providing connections to over 1,600 routing destinations across more than 80 countries via its proprietary FIX network, LBX Connect. This extensive network underscores LiquidityBook's commitment to delivering advanced trading solutions tailored to the evolving landscape of financial markets.

The 24-hour trading functionality not only improves market access but also supports operational efficiencies, allowing traders to capitalize on global market-moving events promptly. By leveraging the combined strengths of LiquidityBook, Blue Ocean ATS, and CAPIS, traders are better positioned to navigate the complexities of modern trading environments.

Conclusion

As trading landscapes continue to evolve, LiquidityBook stands at the forefront, poised to empower its clients with the tools they need for sustained success. With nearly 20 years of industry presence, a client-centric approach, and innovative solutions, LiquidityBook illustrates its ongoing commitment to enhancing the trading experience for buy-side firms globally. With this new service, traders can now truly operate without time constraints, bringing a new level of flexibility and capability to institutional trading.