Financial technology platform DriveWealth has partnered with OTC Markets Group Inc. (OTCQX:OTCM) to expand its overnight trading capabilities.
Set to launch in March, the collaboration will allow DriveWealth to integrate OTC Markets’ MOON ATS platform, adding another layer of connectivity to its multi-venue overnight trading service.
The move is aimed at addressing growing demand from both retail and institutional investors for round-the-clock access to US equity markets.
“The expansion of DriveWealth capabilities into the Asia-Pacific markets will unlock new opportunities for investors in this region,” said Cromwell Coulson, CEO of OTC Markets Group. “We are proud to partner with them to broaden access to America’s capital markets for global investors.”
OTC Markets operates trading platforms for over 12,000 US and international securities, providing infrastructure that facilitates more than 100,000 trades and processes 120 million quotes daily.
Through its MOON ATS system, OTC Markets offers investors a scalable and redundant trading solution designed to enhance liquidity and market access in NMS securities.