NEW YORK – April 6, 2016 – OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced it has added IPC Systems, Inc., a leading global provider of specialized communications and managed network-as-a-service solutions for the financial trading community, as an extranet and connectivity provider for OTC Markets Group’s real-time market data and OTC Link® ATS. As a result, IPC’s diverse global ecosystem of buy-side and sell-side financial institutions, inter-dealer brokers and other capital market participants can now conveniently access market data for OTCQX®, OTCQB® and Pink® securities.
“Broker-dealers in OTCQX, OTCQB and Pink securities are demanding more connectivity options for sourcing data and liquidity,” said Matthew Fuchs, Executive Vice President of Market Data and Strategy at OTC Markets Group. “We are excited to add IPC to our growing network of extranet and connectivity providers and expanding the global base of investors that can trade these securities.”
“Institutional investors, traditional asset managers, alternative investment managers as well as firms providing banking and intermediation services are dependent on timely, accurate and reliable delivery of market data to source liquidity, generate alpha and mitigate risk,” said David Brown, Senior Vice President and Managing Director, Financial Markets Network, IPC. “We are delighted to collaborate with OTC Markets Group to provide our diverse ecosystem of more than 6,000 capital market participants with a streamlined investment decision-making process.”
OTC Markets Group provides mission-critical market data, company data and security information on OTCQX, OTCQB and Pink securities to the trading, investment, legal and regulatory communities. The Company’s data products include real-time data, end-of-day data, historical quote data, company financial data, security master data, corporate reference data and compliance data. OTC Markets Group also provides data through leading market data redistributors. For more about OTC Markets Group’s real-time market data products, including connectivity information, visit http://www.otcmarkets.com/services/market-data/realtime-data/overview.
IPC Systems, Inc. is the technology and service provider of choice powering the global financial markets. With a 40-year, award-winning history, IPC’s focus on innovation, service excellence and partnership with customers has delivered valuable solutions that set the standard for a productive, secure and compliant financial community. IPC accelerates a customer’s ability to be agile and adapt to dynamic industry requirements for counterparty and liquidity access, advanced networking capability, regulatory adherence and global compliance mandates. Headquartered in Jersey City, New Jersey, IPC connects a global financial services community of more than 6,000 market participants across 700 cities worldwide. For more information, visit www.ipc.com.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial markets for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into markets to inform investors of opportunities and risks: the OTCQX® Best Market; the OTCQB® Venture Market; and the Pink® Open Market. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial markets, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
Certain statements contained in this press release may be forward-looking statements. These statements may be identified by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "should" or "will" or similar terminology. Any forward-looking statements are based on current expectations, assumptions, estimates and projections. Such forward looking statements involve known and unknown risks and uncertainties, many of which are beyond our control. Actual results may differ materially from any future results expressed or implied by these forward-looking statements.