Were Illinois’ Social Equity Applicants Burned?

John Lothian News Staff

John Lothian News Staff

By Suzanne Cosgrove and Thom Thompson

Heated debate and a lawsuit quickly followed the release on September 3 of a list of 21 finalists for the state’s social equity cannabis dispensary licenses. John Lothian News talked to Sparky Rose of the consultancy Supercritical to make sense of the social equity application process and learn why things have blown up. 

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Blue Ocean Technologies CEO Bryan Hyndman Sees Clear Sailing for ATS in Overnight Trading

Blue Ocean Technologies CEO Bryan Hyndman Sees Clear Sailing for ATS in Overnight Trading

Bryan Hyndman was recently promoted to CEO of Blue Ocean Technologies, which has developed from a broker-dealer that matched buyers and sellers by phone during the overnight market hours to an ATS that allows Asian investors to trade U.S. stocks electronically during overnight market hours. Hyndman was recently interviewed by John Lothian News about Blue Ocean and his new role.

Hyndman, a longtime Nasdaq executive, joined Blue Ocean to help raise capital to grow the company. He was eventually asked to join Blue Ocean and run it. Before Hyndman joined, the company’s vision was to trade just ETFs; he extended it out to all NMS (National Market System) stocks. Today, Blue Ocean offers trading on more than 12,000 NMS stocks on its platform.

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