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.
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.”
The Connexus Financial Extranet is part of IPC’s Financial Markets Network solution portfolio which includes private extranet, Direct Connect and Managed MPLS VPN data services, as well as Trader and Enhanced IP voice connectivity solutions. IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 5,000 participants in over 700 cities in nearly 60 countries. Built on a state of the art IP/MPLS infrastructure, the highly scalable and secure Connexus Extranet supports a number of industry standard and trading protocols.
IPC is a global provider of mission-critical network services and trading communication technology to the financial markets community. With complete focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle, including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC’s offerings include a unified communications/application platform, award-winning trading positions, managed voice and data connectivity solutions, compliance technologies, infrastructure management and a suite of enhanced service offerings. IPC’s global reach extends to more than 60 countries – including a network of 5,000 customer sites over 700 cities and an installed base of approximately 120,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has over 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions. IPC’s mission is to continually innovate to support collaboration across the global financial community and address our clients’ needs in an ever-changing landscape.
Japan Exchange Group, Inc., one of the leading exchange groups in the world, is a holding company established on January 1, 2013 as a result of a business combination between Tokyo Stock Exchange, the largest stock exchange in the Asia-Pacific region, and Osaka Exchange, a major derivatives exchange. JPX listed its stock on TSE on January 4 of the same year. The JPX stock market reached approximately USD 4.5 trillion (JPY 478 trillion) in market capitalization as of the end of December 2013. JPX also provides derivatives markets for major Japanese contracts such as Nikkei 225 futures, TOPIX futures, and JGB futures. For more information, visit http://www.jpx.co.jp/english/
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