Blue Ocean Technologies and TSE Enter into Strategic Partnership

Blue Ocean Technologies (BOT), a unique capital markets Fintech focused on global afterhours trading, and the Tokyo Stock Exchange (TSE), entered into a strategic partnership to expand the trading customer base of both Blue Ocean ATS, the Blue Ocean trading platform, and TSE. As part of the partnership agreement, TSE will make a 5% investment into BOT. The transaction is expected to close in September this year.

Through this cooperation, BOT will enter the Japanese trading market for the first time, driving its business growth in the Asia-Pacific region. TSE will leverage its expertise in Japanese market structure and regulation to provide BOT with transparent and efficient trading access. Besides, the exchange will also provide customers of Blue Ocean ATS with cross-border trading opportunities of Japanese equities.

"we are delighted to take a strategic step in our mission of increasing our footprint within the Asia-Pacific region. Our partnership with the Tokyo Stock Exchange is both a strategic development for Blue Ocean and for all Japanese investors, providing them the opportunity to trade US stocks during their daytime hours," said Brian Hyndman, President and CEO of BOT. "Furthermore, we are very excited to have a global capital markets leader like the TSE validate our business model with their investment, which will contribute to our overall business growth, technology and infrastructure development while providing new trading choices and transparency for local Japanese investors."

"Blue Ocean ATS is a unique and ambitious US equities trading venue operating in the Asian time zone, and we are looking forward to working with them," commented Hiroki Kawai, Senior Executive Officer of TSE. "We hope to expand the business and customer base of both Blue Ocean and TSE to provide a variety of investment opportunities to investors in both Japan and the US."

Blue Ocean has a presence in key APAC markets such as South Korea and Hong Kong. In addition, the company has reached cooperation with a number of well-known exchanges and fintech firms in the financial industry, including ICE​, FlexTrade Systems and Broadridge​.