Is trading in Blue Ocean ATS overnight the same as trading during U.S. core market hours?
Yes. Trading in BOATS uses the same NMS stocks, FIX connectivity, and clearing/settlement process as daytime trading.
Trading on Blue Ocean ATS overnight is equivalent to trading during U.S. core market hours.
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Stocks: Identical NMS securities
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Technology: BOATS is FIX 4.2 compatible (Financial Information eXchange protocol)
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Settlement & Clearing: via NSCC and DTCC
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Trade Reporting: in accordance with FINRA guidance, including NYSE TRF and FINRA CAT
No additional technology or protocols are required to trade overnight with Blue Ocean ATS.