Pico has expanded its global venue coverage across multiple asset classes, extending its reach in Asia-Pacific, Europe, and North America as demand grows for always-on market access. The latest integrations reinforce Pico’s focus on delivering resilient, low-latency infrastructure that supports continuous trading across regions and time zones.
Over the past year, the firm has added a wide range of venues spanning equities, fixed income, futures, and alternative trading systems. These additions reflect structural changes in market behaviour, with participants increasingly active during overnight and extended trading hours.
The expansion is designed to help Pico’s clients maintain seamless connectivity to liquidity as markets evolve toward near-continuous operation, while preserving the performance and reliability required by institutional trading strategies.
Takeaway
New Venues Across APAC, EMEA, and the Americas
In Asia-Pacific, Pico has added connectivity to venues such as Japan Alternative Market (JAX) and Osaka Digital Exchange (ODX), expanding access to regional equity and digital asset activity. These additions align with growing interest in alternative and next-generation trading venues across the region.
In Europe, Pico has strengthened its fixed income footprint through connectivity with MTS Markets, enhancing access to sovereign and institutional bond liquidity. The move reflects continued growth in electronic fixed income trading and demand for high-performance infrastructure in rates markets.
North American integrations include a broad set of equity, futures, and fixed income venues such as Level ATS, 24X National Exchange, Bruce ATS, MIAX Futures Onyx, Cboe U.S. Treasuries, Nasdaq PHLX Fusion, BrokerTec Chicago, and the Texas Stock Exchange UAT. Together, these venues expand Pico’s reach across both established and emerging trading ecosystems.
Takeaway
Building Infrastructure for Continuous Markets
Pico’s venue expansion also lays the foundation for broader deployment of its Redline software across the newly supported markets. This includes ultra-low-latency normalized market data, order execution capabilities, and market data replay, all designed to support latency-sensitive trading workflows.
As global markets trend toward extended and 24/7 trading models, firms require infrastructure that can operate reliably across shifting liquidity windows and diverse regulatory environments. Pico’s growing venue footprint is intended to address these challenges by providing a consistent technology layer across regions and asset classes.
According to Pico, the continued expansion underscores its strategy of aligning infrastructure development with market structure evolution, ensuring clients can adapt as trading activity becomes more global, fragmented, and time-agnostic.
