IPC Systems, a leading provider of indispensable trading communications solutions to the world's leading financial services firms and global enterprises, today announced that IPC has added the CME Group's New York Mercantile Exchange (Nymex) to its growing network of liquidity and execution venues through its ECS Xchange.
This new service offers the opportunity for firms to take advantage of IPC's inherent low-latency, high-capacity network infrastructure to provide a scalable connectivity solution for extreme trading environments.
IPC's ECS Xchange is designed specifically for electronic trading, allowing traders to select from a wide range of scalable connections ranging from 1MB to 1GB. Today, financial market participants are coping with increasing market complexities, fragmentation, accessing multiple markets directly, trading multiple asset classes as well as deploying advanced trading applications. In addition, retaining a competitive advantage in the global marketplace requires processing more sophisticated data streams on the fly and ensuring the lowest possibly turnaround time when executing trades. ECS Xchange provides secure, dedicated connectivity which market participants can leverage to support their increasing electronic trading requirements, as well as delivering a scalable platform for the future.
"ECS Xchange has been specifically developed to provide the vital speed, dedicated connectivity and scalability firms require to accommodate the demands of electronic trading," said Michael Speranza, senior vice president, Global Product Management, IPC Systems. "With the addition of the New York Mercantile Exchange to IPC's ECS Xchange, market participants can ensure that they are able to leverage a reliable, scalable, and truly real-time platform that offers uninterrupted electronic access to critical markets and associate services therefore assuring themselves of retaining their competitive edge."