(Reuters) US-based off-exchange trading venue operator Blue Ocean Technologies is working with Samsung Securities to avail trading of US stocks to Asian investors during Korean business hours.
The new service, which started on Monday, facilitates real-time trading of the 8,000 US National Market System stocks. Exchange-traded products are also included.
The trading will be availed via Samsung Securities between 10 a.m. and 6 p.m. Seoul time.
Asian investors will be able to trade with each other during Seoul business hours and against the Blue Ocean order flow.
The development happens for the first time in history where Korean and Asian investors will be able to trade US stocks before the American investors.
SPY is down -0.21% on premarket.
