IPC Systems, a leading provider of trading communications solutions to the world's top financial services firms and global enterprises, has extended its pan-Asian Optical Network with connectivity to the Tokyo Financial Exchange (TFX).
The announcement is part of IPC's continued network expansion across the Asia Pacific region, and supports TFX's plans to encourage international traders to access its world-class derivatives trading systems.
TFX is committed to promoting overseas remote membership, and secured its first remote trading member in September 2010 when it became the first Japanese exchange to admit trading membership of an overseas investor with no office in Japan. TFX is pursuing a range of initiatives to increase the number of members and overseas traders executing trades on the TFX, where it trades interest rate futures transactions such as three-month Euroyen Futures, as well as its Click 365 Currency Pairs offering and its Click kabu 365 Exchange Equity Index Margin Contracts.
This announcement positions IPC and its Electronic Connectivity Services (ECS) as an ideal network infrastructure platform for traders who require a secure, high-speed solution for their Asia Pacific trading activities. IPC already supports thousands of on-net market participants, and connecting to the TFX will provide IPC customers with low latency reliable access to what has quickly become one of the Asia Pacific region's key exchanges for financial derivatives.
"TFX is encouraging international investors to trade on its exchange, and is keen to develop increased interconnectivity with the international trading community, so we're delighted to extend our pan-Asian Optical Network and Electronic Connectivity Services to one of the regions' key venues," commented Ulises Garcia, Manager, Network Operations Japan for IPC Systems. "Adding Gigabit Ethernet connectivity to TFX - backed by the reliability of our Electronic Connectivity Services both across the Asia Pacific market as well as to other key global regions - will provide our global community of over 4,000 on-net market participants with a direct low latency connection, and we look forward to introducing additional traders to T TFX over the coming months."