Financial heavyweights pour funds into strategic investment for extended-trading platform, Bruce Markets
In a significant move for the financial sector, Bruce Markets, an innovative platform specialising in overnight trading for U.S. Reg NMS securities, has announced a strategic investment round. This round, led by Apex Fintech Solutions, Fidelity Investments, Nasdaq Ventures, NH Investment and Securities, PEAK6 Investments, Robinhood, tastytrade, and Webull, aims to accelerate the development and expansion of Bruce ATS.
The funding is set to expand access to U.S. market opportunities through Bruce ATS's overnight trading technology. Ed Hosty, VP of Execution Services at Robinhood, stated that this investment is another step towards making trading available 24/7.
Jason Wallach, CEO of Bruce Markets, believes the investment reflects a shared belief in the future of financial markets as a fully accessible, 24-hour trading ecosystem. Anthony Denier, Group President and US CEO of Webull, supports this vision, expressing his backing for the development of Bruce Markets' overnight solutions.
Apex Fintech Solutions, a fintech provider offering investing infrastructure, digital custody, clearing, and access to US markets for millions of brokerage accounts, sees this partnership as a shared vision of building a 24-hour trading ecosystem that works seamlessly for a global audience.
PEAK6 Investments, a diversified investment firm with experience in market innovation and technology, also participates in the investment round. NH Investment and Securities, with its valuable international market expertise, rounds off the list of investors.
Gary Offner, Head of Nasdaq Ventures, states that the investment through Nasdaq Ventures continues to support innovative companies advancing market infrastructure. tastytrade, an innovator in options trading and financial media, shares this sentiment.
The investment will support technology upgrades, market expansion, team growth, and enhanced platform features. It will also empower financial institutions to offer clients trading opportunities with institutional-grade execution and reliability.
Fidelity Investments, one of the world's largest asset managers and financial services providers, is also part of this investment round. This strategic partnership is a testament to the growing demand for 24/7 trading opportunities and the shared vision of creating a more accessible and efficient financial market ecosystem.