23 August 2017
visit www.avoka.com

IPC launches New York - Toronto express trading route

19 October 2010  |  2050 views  |  0 Source: IPC Systems

IPC Systems, a leading provider of trading communications solutions to the world's top financial services firms, today announced the launch of a new express trading route between New York and Toronto.

The round-trip latency speed provides trading firms with dedicated and express access to multiple liquidity venues and exchanges.

The opening of the new express route will link existing points-of-presence (POPs) between key trading locations across New York, Toronto and Chicago. Market participants can connect to their trading engines over a low latency route, an enhancement that is 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.

Recently, IPC upgraded its Toronto ring, which directly connects three IPC trading locations across New York, Toronto and Chicago via a high-speed, fully restorable dense wavelength division multiplexing (DSDM) network. The upgraded infrastructure provides a direct gateway to the robust Toronto equities market for both New York and Chicago market participants. The launch of the express route is part of IPC's continued commitment to the Toronto market, enabling customers to take advantage of the region's multi-market structure of exchanges and alternative trading systems.

"Trading in today's marketplace requires express connectivity to allow customers to transact faster, across heavily traded hubs. By decreasing critical milliseconds off the New York to Toronto route, customers in both regions can take advantage of direct market access to multiple trading venues," said Lou Marchese, IPC Vice President of Network Operations Americas Systems. "IPC sees significant growth opportunities in the Canadian equities, derivatives and energy markets, and we are pleased to provide our customers a clear competitive advantage."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.vasco.comvisit www.dorsum.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
12905 views comments | 27 tweets | 23 linkedin
Rabobank constructs physical model to understand IT architectureRabobank constructs physical model to unde...
12599 views comments | 27 tweets | 66 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11562 views comments | 22 tweets | 34 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
10744 views comments | 21 tweets | 35 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
10672 views comments | 10 tweets | 8 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job