IPC opens express trading route in US

Source: IPC

IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world's top financial services firms, today announced the launch of a new express trading route linking New York, Stamford and Boston. This low latency route provides trading firms with dedicated and express access to multiple liquidity venues.

With a large concentration of hedge funds and small trading firms located in the New York and New England area, the launch of the express route is part of IPC's continued commitment to the serve customers of all sizes, enabling them to take advantage of the region's multi-market structure of exchanges and alternative trading systems.

This new infrastructure provides a direct gateway to trading facilities located across the northeast seaboard, allowing market participants to connect to their trading engines over a low latency route. This enhancement is part of IPC's long-term strategic plan to deliver the optimum trading network to connect brokerages, investment firms, money managers, market makers, market data providers and execution venues globally.

"Robust electronic connectivity has become a must-have and has led to increased demand for low latency connectivity to trading venues from our customers across New York and New England," said Lou Marchese, vice president, Network Operations Americas, IPC Systems. "IPC sees significant growth opportunities in the hedge fund market and our new route offers these firms a service to meet the demands of a market where milliseconds matter."

IPC continues to expand its high-speed, fully restorable optical network across North America with additional routes engineered to deliver latency-sensitive trading applications and transactions. This announcement follows the company's recent launch of an express routes between New York and Chicago as well as 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.

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