IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world's top financial services firms and global enterprises, today announced that Instinet, a global agency-only broker* and electronic trading pioneer, has joined IPC's Connexus Financial Extranet service.
Using IPC's Connexus, financial institutions across the globe can now quickly and cost-efficiently access Instinet's full suite of trading tools, including the award-winning Newport® 3 EMS, the Execution Experts® algorithms and Instinet's low-latency SmartRouter.
"Instinet is an electronic trading pioneer, having introduced some of the industry's truly game-changing technologies throughout its history. That heritage of excellence lives on today through the firm's highly-regarded trading suite and we're pleased to help users access the platform in a cost-effective manner by adding Instinet to the Connexus network," Joe Pickel, vice president, Network Services Product Management, IPC, said.
"Next-generation trading networks have to respond to increased demands for reliability, security and efficiency," Pickel said. "By offering connectivity to Instinet through Connexus, IPC is reaffirming its long-standing commitment of providing industry leading, value-added network solutions to the global trading community."