IPC Systems, a leading provider of indispensable trading communications solutions to the world's top financial services firms, today announced the opening a new express route to existing points-of-presence (POPs) between 350 East Cermak, Chicago, Illinois and 165 Halsey St, Newark, New Jersey.
Market participants can connect to their trading engines with the assurance their transaction is over the lowest current possible latency route. This enhancement is an integral part of a long term strategic plan to deliver the optimum trading network to connect brokerages, investment firms, money managers, market makers and execution venues globally.
IPC continues to expand its high-speed, fully restorable optical network across North America with additional routes engineered to deliver delay-sensitive trading applications and transactions. This announcement follows the company's recent network expansions throughout the United States and Canada, resulting in a doubling of available route miles, reduction in latency and improved redundancy to maximize uptime for the trading community.
"IPC's goal is to provide alternative connectivity options to access strategic trading venues for our global customer base. We just shaved critical milliseconds off the New York to Chicago route to allow customers to transact faster, across these heavily traded regional hubs," said Lou Marchese, vice president, Network Operations Americas, IPC Systems.