OTC Markets Group Inc. (OTCQX:OTCM) announced the official launch of MOON ATS, a new alternative trading system facilitating overnight trading of National Market System (NMS) securities listed on major US exchanges.
MOON ATS will enable subscribers to trade both over-the-counter (OTC) equities and exchange-listed NMS securities during the overnight session.
The new platform targets the company’s expanding global investor base, particularly in the Asia-Pacific (APAC) region, as well as US-based investors to trade after hours.
Eligible NMS securities will be available for trading from 8pm to 4am ET, Sunday through Thursday. For APAC-based investors, trading will coincide with their local daytime hours, from 8am to 4pm UTC+8, Monday through Friday.
OTC Markets Group said that the launch of MOON ATS and the complementary OTC Overnight platform comes amid growing demand for global securities priced in US dollars and the need for increased market access during non-traditional hours.
The platforms aim to enhance market accessibility, transparency, and data coverage for both US and international investors.
“We are excited to launch more opportunities for global investors to trade a range of stocks through US broker-dealers,” said Matt Fuchs, executive vice president of market data at OTC Markets. “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.”