New Market Opportunity: Blue Ocean (BL)

November 12, 2021

Dear Manager,

We’re happy to announce that the Blue Ocean ATS is available for traders again. The Blue Ocean ATS, known as BOATS, uses electronic order delivery and live data to provide global clients with an "exchange-like" experience to trade U.S. ETFs at a more convenient time. Their current tradable ETFs list includes the latest Bitcoin ETF, the ProShares Bitcoin Strategy ETF (BITO). 

Fee Structure & Rebate

Recently, Blue Ocean ATS has expanded its market center to include leading broker-dealers on its platform that offers investors and traders the ability to trade via its Blue Ocean Session from 8:00 P.M.-4:00 A.M. ET. It also adopted a new fee structure that pays a rebate of 0.0006 per share on transactions that add liquidity and charges 0.002 per share on transactions that remove liquidity. 

Overnight Position

Please inform your trader of this opportunity and remind them that any outstanding position (i.e. any position leftover after 4:00 A.M. ET) will be treated as an overnight position in this market. As the underlying security trades during U.S. hours, significant price movements are expected. Therefore, the risk is significant to hold an outstanding position and may incur an additional fee. Please cover your traders' positions before the market closes at 4:00 A.M. ET.

Market Summary

  • In PPro8, we manage this as a separate Market with extension BL
  • Blue Ocean market hours are Sunday–Thursday, 8:00 PM –4:00 AM ET
  • Blue Ocean follows the U.S. market calendar, as published by the NYSE
  • Order Type: only Limit Day orders are currently available

To begin trading on it, traders will need to configure their Keyboard Setup for Market Blue Ocean in the APAC Region. Additionally, managers will need to request equity buying power in USD currency, under the ASIA-PACIFIC region in the TMS Metro Buying Power process, for their traders.

For more information, you can see the Blue Ocean available symbol list and the Blue Ocean market guide.

Let us know if you have any comments or questions by creating a mojo.
Regards,


Communications Team

Copyright © 2021 Day Trade The World, All rights reserved.

Liked this blog post?

Sign up for The Opening Bell to receive our bi-weekly newsletter with actionable insights and hone your day trading skills with the help from our market experts and your favourite TraderTV personalities, delivered straight to your inbox every Tuesday morning.

Live Trading with DTTW™ on YouTube

DTTW™ is proud to be the lead sponsor of TraderTV.LIVE™, the fastest-growing day trading channel on YouTube.

With more than 300,000 subscribers, TraderTV.LIVE™ features a daily live trading broadcast, professional education and an active community.

Watch TraderTV.Live

Accepted Payment Methods:

payment accepted dttw 2020

Your ability to open a DTTW trading office or join one of our trading offices is subject to the laws and regulations in force in your jurisdiction. Due to current legal and regulatory requirements, United States citizens or residents are currently unable to open a trading office with us.

© 2011-2022 Day Trade The World™ All rights reserved.

Day Trade the World™ is a registered trademark of Select Vantage Canada Inc. 

Privacy PolicySitemapFraud Alert.