DriveWealth Expands Overnight Coverage to Include Multiple Venues to Support 24-hour Trading Cycle
DriveWealth announced expansion of overnight trading capabilities through collaboration with OTC Markets Group Inc. (OTCQX: OTCM). The initiative, launching in March, will establish DriveWealth as a pioneer in multi-venue overnight trading, connecting to OTC Markets MOON ATS™ platform.
The expansion will enable DriveWealth to review pricing from multiple overnight venues to determine the best options for investor orders, managing transitions of unexecuted orders from overnight trading to traditional market centers when U.S. pre-market opens. The service will offer overnight trading for all NMS securities similar to daytime trading experience.
OTC Markets Group processes over 100,000 trades and 120 million quotes daily, serving top U.S. and global brokerage firms. The collaboration aims to enhance trading access for global investors, particularly in Asia-Pacific markets, providing 24-hour trading capability with improved routing across multiple venues.
DriveWealth ha annunciato l'espansione delle capacità di trading notturno attraverso una collaborazione con OTC Markets Group Inc. (OTCQX: OTCM). L'iniziativa, che sarà lanciata a marzo, stabilirà DriveWealth come pioniere nel trading notturno multi-venue, collegandosi alla piattaforma OTC Markets MOON ATS™.
L'espansione consentirà a DriveWealth di esaminare i prezzi provenienti da più venue notturne per determinare le migliori opzioni per gli ordini degli investitori, gestendo le transizioni degli ordini non eseguiti dal trading notturno ai centri di mercato tradizionali quando si apre il pre-mercato negli Stati Uniti. Il servizio offrirà trading notturno per tutti i titoli NMS, simile all'esperienza di trading diurna.
OTC Markets Group gestisce oltre 100.000 transazioni e 120 milioni di quotazioni al giorno, servendo le principali società di intermediazione statunitensi e globali. La collaborazione mira a migliorare l'accesso al trading per gli investitori globali, in particolare nei mercati Asia-Pacifico, fornendo una capacità di trading 24 ore su 24 con un miglioramento del routing attraverso più venue.
DriveWealth anunció la expansión de sus capacidades de trading nocturno a través de una colaboración con OTC Markets Group Inc. (OTCQX: OTCM). La iniciativa, que se lanzará en marzo, establecerá a DriveWealth como pionero en el trading nocturno de múltiples lugares, conectándose a la plataforma OTC Markets MOON ATS™.
La expansión permitirá a DriveWealth revisar los precios de múltiples lugares nocturnos para determinar las mejores opciones para las órdenes de los inversores, gestionando las transiciones de órdenes no ejecutadas del trading nocturno a los centros de mercado tradicionales cuando se abre el pre-mercado en EE. UU. El servicio ofrecerá trading nocturno para todos los valores NMS, similar a la experiencia de trading diurna.
OTC Markets Group procesa más de 100,000 transacciones y 120 millones de cotizaciones diariamente, sirviendo a las principales firmas de corretaje de EE. UU. y globales. La colaboración tiene como objetivo mejorar el acceso al trading para los inversores globales, particularmente en los mercados de Asia-Pacífico, proporcionando capacidad de trading las 24 horas con un mejor enrutamiento a través de múltiples lugares.
DriveWealth는 OTC Markets Group Inc. (OTCQX: OTCM)와의 협력을 통해 야간 거래 기능을 확장한다고 발표했습니다. 3월에 시작되는 이 이니셔티브는 DriveWealth를 다중 장소 야간 거래의 선두주자로 자리매김하며, OTC Markets MOON ATS™ 플랫폼에 연결됩니다.
이번 확장을 통해 DriveWealth는 여러 야간 거래 장소의 가격을 검토하여 투자자 주문에 대한 최상의 옵션을 결정하고, 미국의 프리마켓이 열릴 때 미체결 주문의 전환을 전통적인 시장 센터로 관리할 수 있습니다. 이 서비스는 모든 NMS 증권에 대해 낮 시간 거래 경험과 유사한 야간 거래를 제공합니다.
OTC Markets Group은 매일 100,000건 이상의 거래와 1억 2천만 건의 견적을 처리하며, 미국 및 글로벌 중개업체에 서비스를 제공합니다. 이번 협력은 아시아-태평양 시장을 포함한 글로벌 투자자들에게 거래 접근성을 향상시키고, 여러 장소에서 개선된 라우팅을 통한 24시간 거래 기능을 제공하는 것을 목표로 합니다.
DriveWealth a annoncé l'expansion de ses capacités de trading nocturne grâce à une collaboration avec OTC Markets Group Inc. (OTCQX: OTCM). L'initiative, qui sera lancée en mars, établira DriveWealth comme un pionnier du trading nocturne multi-venue, en se connectant à la plateforme OTC Markets MOON ATS™.
Cette expansion permettra à DriveWealth d'examiner les prix de plusieurs lieux de trading nocturne afin de déterminer les meilleures options pour les ordres des investisseurs, tout en gérant les transitions des ordres non exécutés du trading nocturne vers les centres de marché traditionnels lorsque le pré-marché américain ouvre. Le service offrira un trading nocturne pour tous les titres NMS, similaire à l'expérience de trading diurne.
OTC Markets Group traite plus de 100 000 transactions et 120 millions de cotations par jour, servant les principales sociétés de courtage américaines et mondiales. La collaboration vise à améliorer l'accès au trading pour les investisseurs mondiaux, en particulier sur les marchés Asie-Pacifique, en fournissant une capacité de trading 24 heures sur 24 avec un routage amélioré à travers plusieurs lieux.
DriveWealth hat die Erweiterung seiner Overnight-Trading-Funktionen durch eine Zusammenarbeit mit OTC Markets Group Inc. (OTCQX: OTCM) angekündigt. Die Initiative, die im März starten wird, wird DriveWealth als Pionier im Multi-Venue-Overnight-Trading etablieren und sich mit der OTC Markets MOON ATS™-Plattform verbinden.
Die Erweiterung ermöglicht es DriveWealth, Preise von mehreren Overnight-Venues zu prüfen, um die besten Optionen für die Aufträge der Anleger zu bestimmen und die Übertragung nicht ausgeführter Aufträge vom Overnight-Trading zu traditionellen Marktzentren zu verwalten, wenn der US-Prämarkt öffnet. Der Service wird Overnight-Trading für alle NMS-Wertpapiere anbieten, ähnlich wie das Trading während des Tages.
Die OTC Markets Group verarbeitet täglich über 100.000 Trades und 120 Millionen Angebote und bedient die führenden US-amerikanischen und globalen Brokerhäuser. Die Zusammenarbeit zielt darauf ab, den Handel für globale Investoren, insbesondere in den asiatisch-pazifischen Märkten, zu verbessern und eine 24-Stunden-Handelsfähigkeit mit optimierter Routing über mehrere Venues anzubieten.
- Partnership with established OTC Markets Group expands market access
- Launch of multi-venue overnight trading capability
- Enhanced trading options for Asia-Pacific investors
- Integration with platform processing 100,000+ daily trades
- None.
Launch with OTC Markets MOON ATS™ will enable DriveWealth to review pricing from multiple overnight venues to determine best option for investor’s orders
Leveraging its proprietary technology, DriveWealth will provide investors with improved routing across multiple overnight trading venues, taking real-time pricing and liquidity into account. Additionally, DriveWealth will manage the complexity of transitioning any unexecuted orders from overnight trading venues to traditional market centers when the
With this new capability, DriveWealth will offer an overnight trading experience for all NMS securities that is similar to daytime trading in the
“DriveWealth’s global partners, particularly in
This collaboration with OTC Markets represents a significant milestone that will position DriveWealth as a connected broker to multiple overnight venues. As a trusted and publicly traded company, OTC Markets Group serves individual users and firm clients, including all of the top
“The expansion of DriveWealth capabilities into the
This latest innovation reflects DriveWealth’s dedication to delivering exceptional trading experiences while maintaining impartiality and flexibility in venue partnerships. DriveWealth will continue to add new venues to bolster connectivity, liquidity and resiliency. To learn more about how DriveWealth is breaking down the barriers to investing, visit www.drivewealth.com.
About DriveWealth
DriveWealth is a global B2B financial technology platform. Our core business is providing Brokerage-as-a-Service, powering the investing and trading experiences for digital wallets, broker dealers, asset managers, and consumer brands. DriveWealth’s APIs provide our partners with a modern, extensible and flexible toolkit to develop everything from traditional investment workflows to more innovative techniques like rounding up purchases into fractional share ownership. For more information, visit www.drivewealth.com.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
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Media Contacts:
DriveWealth
drivewealth@calibercorporate.com
OTC Markets Group Inc.
media@otcmarkets.com
+1 (212) 896-4428
Source: DriveWealth
FAQ
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