BLOX Markets has chosen Amazon Web Services (AWS) to provide the infrastructure for its Openpool trading venue, a new platform aimed at retail investors in the U.S. equities market. The partnership involves AWS supporting the development and testing environments of Openpool, which seeks to enhance market competition and execution quality.
Khody Azmoon, CEO and Co-Founder of BLOX Markets, remarked, “AWS stood out as an ideal technology provider due to its scalability, security, and deep expertise in capital markets. We’re excited to work with AWS to bring Openpool to life.”
AWS will enable BLOX Markets to leverage its extensive tools and services to create secure, scalable, and high-performance environments for the platform. As BLOX Markets grows, it plans to expand more of its operations within AWS and explore further innovations in the cloud.
Scott Mullins, the Managing Director for Financial Services at AWS, commented, “BLOX Markets is leveraging AWS’s capabilities to rapidly innovate and launch their trading venue. It’s an exciting time, and we look forward to deepening our collaboration with BLOX Markets and supporting them further as they execution their vision.”
The collaboration aims to accelerate the introduction of Openpool, positioning BLOX Markets to make a significant impact on the U.S. retail equity market structure.
