IPC and JPX announce collaboration pact
IPC Systems, Inc., a leading global provider of specialized communications and managed network-as-a-service solutions for the financial trading community, and Japan Exchange Group (JPX), the world's third largest exchange group, today announced a strategic partnership to enable global capital market participants to reliably access JPX's trading venues from financial centers in the Asia-Pacific region, North America and Europe.
0
External
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
The collaboration between IPC and JPX enables financial institutions worldwide to have resilient, secure, latency-sensitive and cost-effective access to the JPX derivatives trading system (J-GATE), cash trading system (arrowhead) and off-auction trading system (ToSTNeT) via the new Toyosu Access Point (AP3). IPC also enables JPX Co-Location Service members to connect easily with other market participants in @Tokyo's public space and to the entire IPC global financial markets ecosystem.
Trading in Japan's capital markets has grown dramatically since the advent of Abenomics. One of the components of the third arrow of Abenomics - promoting private sector investment-led growth - has noticeably enhanced the corporate governance of Japanese firms. This has contributed to the growth in trading volumes in the Japanese cash equities and derivatives markets.
"The strong shift of Japan's market supported by a sequence of positive policy decisions and the improved corporate governance of Japanese firms are attracting more investors, both domestic and international, to invest in securities and derivatives that are traded on JPX," said Ryusuke Yokoyama, Executive Officer at Tokyo Stock Exchange, Inc. "We are delighted to work with IPC to expand both our global reach and pool of investors."
"We have been witnessing a surge in demand for connectivity to Japan's capital markets from institutional investors, traditional asset managers and alternative investment managers in Asia, Europe and the United States," said David Brown, Senior Vice President and Managing Director, Financial Markets Network, IPC. "IPC has a long history of serving the Japanese market and this partnership with JPX underscores our deep commitment to global investors seeking to successfully participate and profit in Japan's vibrant capital markets."