Latest news with #JasonWallach
Business Wire
10-07-2025
- Business
- Business Wire
TNS Expands 24x5 Trading Support with Market Data Connectivity to Bruce ATS
RESTON, Va.--(BUSINESS WIRE)--Transaction Network Services (TNS) today announced the addition of market data connectivity to Bruce ATS ™, a new overnight trading venue operated by Bruce Markets LLC, to expand TNS' 24x5 US equities trading capabilities and reinforce its commitment to delivering comprehensive, global access to emerging exchange venues. TNS is now delivering Bruce ATS market data via its secure, low-latency infrastructure, providing reliable access for global clients. 'By adding Bruce ATS to our market data portfolio, we're helping firms in overseas markets trade US equities during non-traditional trading hours,' said Jeff Mezger, Vice President of Product Management at TNS. 'With increasing demand for US equities data from Asia and other global regions, our low-latency delivery and 24x5 support model ensures that clients get the reliable, real-time access they need to stay competitive.' TNS' global backbone enables seamless delivery of US market data into Asia, addressing growing interest from firms looking to trade US equities during Asian market hours. Coupled with TNS' 24x7x365 support model, this new connectivity gives trading firms the reach and resiliency required for modern round-the-clock trading. Bruce ATS, leveraging Nasdaq's market technology and data distribution capabilities, is actively expanding its reach. To support this growth, Bruce ATS is seeking partnerships with firms that have strong retail broker networks such as TNS. With its established relationships across the retail brokerage community, TNS is uniquely positioned to help meet this growing market demand. Bruce ATS joins a robust lineup of 24x5 market venues supported by TNS, including Blue Ocean ATS, which operates from 8 p.m. to 4 a.m. EDT. These partnerships position TNS at the forefront of overnight trading and market data delivery, giving traders the tools to act on opportunities outside the traditional US exchange hours. 'Expanding our market data reach through TNS is a natural step in scaling Bruce ATS to meet growing global demand,' said Jason Wallach, CEO of Bruce ATS. 'TNS' robust infrastructure and extensive broker-dealer relationships give us a direct path to firms eager to access US equities during extended trading hours.' TNS brings together over 5,000 financial community endpoints, supported by a global, 125-strong point-of-presence footprint. Specifically designed and engineered to address the needs of financial market participants worldwide, TNS offers a range of connectivity, colocation, cloud, market data and VPN solutions within its Infrastructure-as-a-Service (IaaS) portfolio. This includes TNS Market Data Services, the only vendor agnostic turnkey solution for global market data. Its solutions are monitored 24x7x365 by TNS' Network Operations Centers in the US, UK, Australia and Malaysia. About Transaction Network Services (TNS) Founded in 1990 and with headquarters in the USA and offices across Europe and Asia, TNS is a leading provider of mission-critical infrastructure, connectivity, market data and analytic services for the Financial Markets community. Delivered as a fully managed Infrastructure-as-a-Service offering, TNS provides an unrivalled, global, mission-critical footprint that can significantly help reduce the burdens, complexities and costs attributed to firms 'going direct.' Through its ultra-low latency connectivity, its global market data offerings and its dedicated 24x7x365 local support, TNS remains the trusted solution provider to more than 750 counterparties globally.
Barnama
26-06-2025
- Business
- Barnama
Bruce Markets Secures Strategic Investment To Advance 24-Hour Trading Vision
BUSINESS KUALA LUMPUR, June 26 (Bernama) -- Bruce Markets LLC has secured a strategic investment round led by prominent names in the financial industry, including Apex Fintech Solutions, Fidelity Investments, Nasdaq Ventures, NH Investment and Securities, PEAK6 Investments, Robinhood, tastytrade and Webull. In a statement, Bruce Markets said the investment marks a major milestone in supporting the growth of its overnight trading platform, Bruce ATS, which aims to expand global access to the United States (US) equity markets. Bruce Markets Chief Executive Officer (CEO), Jason Wallach said the involvement of these investors reflects confidence in the company's vision of building a fully accessible, 24-hour trading ecosystem. 'We are honoured to have the support of these industry leaders as we work to redefine overnight trading with institutional-grade dependability, scalability and execution,' he said. Meanwhile, Nasdaq Ventures Head, Gary Offner said Bruce Markets had laid a strong foundation by leveraging Nasdaq's technology and data services to develop a reliable overnight trading platform. Webull Group President and US CEO, Anthony Denier said the company is proud to partner with Bruce Markets to enhance overnight market access in line with growing retail demand. Apex Fintech Solutions CEO, William Capuzzi added that the collaboration represents a shared vision of enabling 24-hour market participation for both retail and institutional investors. On the other hand, Robinhood Vice President of Execution Services, Ed Hosty said the strategic investment is part of a broader effort to make trading available round the clock. The latest funding round will enable Bruce Markets to accelerate platform development, expand market coverage, and enhance client offerings.
Yahoo
15-04-2025
- Business
- Yahoo
Bruce Markets Announces Data Partnership with Nasdaq to Disseminate Bruce ATS™ Market Data
CHICAGO, April 15, 2025--(BUSINESS WIRE)--Bruce Markets LLC is pleased to announce a data partnership with Nasdaq. The partnership delivers a seamless data integration solution that enables brokers and traders to effortlessly access Bruce ATS™' data through Nasdaq's proven data delivery connections. By leveraging Nasdaq's established distribution network, market participants can now incorporate Bruce's market data into their platforms—minimizing complex implementation requirements while gaining immediate access to comprehensive after-hours market insights. Bruce ATS™ is redefining after-hours trading by providing secure and reliable access from 8:00 p.m. to 4:00 a.m. ET, Sunday through Friday morning. This partnership empowers financial institutions and investors with added visibility into non-traditional trading hours activity – helping to drive greater confidence and clarity in decision-making. New Features Include: Bruce Last Sale: Real-time data feed providing complete and up-to-date trade information for all securities traded on Bruce ATS™, delivering actionable insights from 8:00 p.m. to 4:00 a.m. ET. Bruce Best Bid and Offer: Real-time snapshots of liquidity with proprietary data, tracking the best bid and offer on the Bruce ATS™ throughout the overnight trading session. Bruce Depth of Book: Extends complete order book visibility by displaying every order at every price level in the Bruce order book. Seamless Global Distribution – Market data clients will be able to consume Bruce ATS™' market data through Nasdaq data distribution services, data vendors, or via a direct connection to the Bruce ATS™ matching engine. "After-hours trading requires an unparalleled level of reliability, transparency, and accessibility. Our partnership with Nasdaq underscores Bruce ATS™' commitment to delivering that standard," said Jason Wallach, CEO of Bruce Markets. "With Nasdaq as our exclusive global data administrator, we're making it incredibly simple for every broker and investment firm worldwide who already uses Nasdaq data to seamlessly integrate Bruce data into their existing platforms. This provides firms and investors with immediate access to optimize their overnight trading performance without complex implementation hurdles." "As markets continue to evolve toward 24-hour activity, access to reliable and accurate data is paramount," said Garrick Stavrovich, VP and Head of Product at Nasdaq. "This collaboration highlights Nasdaq's commitment to empowering innovative platforms like Bruce ATS™ by providing robust data technology that instills trust and helps reduce uncertainty and enable smarter trading decisions. Together, we remain at the forefront of the markets' evolutions towards overnight trading and excellence in data-driven insights." Bruce Markets is proud to continue its mission of offering enterprise-grade overnight trading solutions supported by leading technology from Nasdaq. By aligning with Nasdaq's data capabilities, Bruce ATS™ sets a new benchmark for operational excellence and transparency in the overnight market. For more information, visit: About Bruce ATS™ Bruce ATS™, operated by SEC and FINRA-registered broker-dealer Bruce Markets™, is an Alternative Trading System offering secure overnight access to U.S. markets. Bruce ATS™ provides financial institutions with seamless integration and scalable solutions. Designed for reliability and performance at enterprise scale, Bruce ATS™ redefines after-hours trading by bridging the gap between investors and U.S. markets, empowering firms to extend trading opportunities beyond traditional hours with confidence and ease. For more information, visit Nasdaq® is a registered trademark of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.© 2025. Nasdaq, Inc. All Rights Reserved. View source version on Contacts Bruce Media Contactpress@ Sign in to access your portfolio
