ICE joins IPC Connexus Financial Extranet service

Source: IPC Systems

IPC Systems, a leading provider of voice and electronic trading communications solutions to the world's top financial services firms, today announced that IntercontinentalExchange (ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets has joined IPC's Connexus Financial Extranet service.

ICE offers thousands of trading firms and market data customers access to deep and liquid markets in more than 70 countries. More than 1,000 types of contracts for managing risk are traded via ICE, including benchmark contracts for the world's most heavily traded commodities like crude oil, sugar, cotton and foreign exchange. Its accessible platform features multiple connectivity options and WebICE, a browser-based trading platform that provides a complete range of trading technologies.

Using IPC's Connexus, ICE customers can access trade lifecycle applications and market data to make profitable trading decisions. These customers will now be able to connect to a network that hosts a vast community of capital market participants and reach virtually every trading destination in the world.

"We welcome ICE to our global community of capital market participants," said Joe Pickel, vice president, Network Services Product Management, IPC. "Having preeminent liquidity venues such as ICE on Connexus is critical as trading in listed and OTC derivatives continues to grow."

Connexus is part of the IPC Financial Markets Network service portfolio which also includes private extranet and Direct Connect data services, as well as Trader and Enhanced voice communications services. The IPC Financial Markets Network is an expansive global network that is designed for voice and electronic trading and caters exclusively to the exacting demands of capital market participants. The network interconnects global financial centers and allows access to more than 4,000 market participant locations in over 700 cities in nearly 60 countries. Built on an IP/MPLS backbone, the highly scalable and secure Connexus supports a number of industry standard and trading protocols. 

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