OTC Markets Group, an operator of regulated financial markets for over 12,000 U.S. and global securities, has announced the official launch of MOON ATS, following the completion of the SEC filing process.
Matt Fuchs, Executive Vice President of Market Data at OTC Markets, said: “America’s capital markets are the center of the financial world. We are excited to launch more opportunities for global investors to trade a range of stocks through U.S. broker-dealers.”
“We believe we bring a unique value proposition by utilizing our mission critical infrastructure to serve clients in a new market that is poised for significant growth.”
MOON will offer access to National Market System (NMS) securities listed on major exchanges during the overnight session, making OTC Markets Group one of the first ATS operators offering broker-dealer subscribers the ability to trade both OTC equity and exchange-listed NMS securities overnight.
MOON will provide APAC investors with access to U.S. NMS securities during their local daytime hours. It will also provide U.S. investors with the ability to trade in the late evening and early morning hours.
Eligible NMS securities will be available for trading from 8 PM to 4 AM Eastern Time, Sunday to Thursday. APAC Region market hours will be from 8 AM to 4 PM UTC+8, Monday to Friday.
OTC Overnight and MOON ATS arrive at a time of increasing demand for global securities priced in U.S. dollars and during the overnight session.
These platforms offer capabilities that will significantly expand market accessibility, transparency, and data coverage around the globe.
OTC Overnight and MOON ATS signify an evolution of the Company’s service and a new milestone in overnight trading, launched at a critical moment as broker-dealers seek to enhance the experience for U.S. and global investors.
