09:20:45 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Urbana Corp
Symbol URB
Shares Issued 10,000,000
Close 2023-07-24 C$ 3.89
Market Cap C$ 38,900,000
Recent Sedar Documents

Urbana owns 35% of Blue Ocean Technologies

2023-07-25 15:39 ET - News Release

Ms. Elizabeth Naumovski reports

URBANA CORPORATION HAS APPROXIMATELY 35% INTEREST IN BLUE OCEAN TECHNOLOGIES, LLC

Interactive Brokers, an automated global electronic broker and a client of Blue Ocean Technologies LLC, has expanded its offering of nearly 24 hours a day trading, five days a week, for over 10,000 U.S. stocks and exchange-traded funds. Interactive Broker's clients now have the flexibility to trade more U.S. stocks and ETFs when it is convenient, and clients in Asia and Europe can trade a wider variety of U.S. equities during local market hours.

As stated in the Interactive Brokers press release, Brian Hyndman, chief executive officer of Blue Ocean Technologies, added: "Interactive Brokers is the perfect broker for us to connect to because of their global footprint and commitment to market access for investors worldwide. We are pleased to collaborate with Interactive Brokers and help further our mission to give investors the ability to trade U.S. markets regardless of their time zone."

In June, 2023, trading platform Robinhood Markets Inc. commenced offering 24-hour-a-day trading, five days a week for selected stocks and exchange-traded funds.

Both Interactive Brokers and Robinhood Markets are using the services of Blue Ocean Technologies through Blue Ocean ATS.

Blue Ocean Technologies is one of Urbana Corp.'s private equity holdings.

Urbana owns approximately 35 per cent of Blue Ocean Technologies.

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