IPC and TABB Group to Host Webinar on Implementing a Zero Tolerance Compliance Culture

NEW YORK – December 1, 2016 – IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced that the company will host a free webinar at 11 a.m. EST on December 6, 2016, with TABB Group, the international research and consulting firm focused exclusively on capital markets, to discuss the implications of implementing a zero tolerance compliance culture.

The webinar will cover why now, more than ever, creating a culture of compliance is important to ensure financial firms continue to grow and be profitable. Some firms have instituted zero tolerance approaches to breaches in company policy or compliance rules. Furthermore, the rise of social media and so many other forms of communication, like WhatsApp, Facebook messenger, iMessage, Twitter and other “zero evidence” solutions could potentially result in regulated employees using these systems to communicate.

Speakers Robert Powell, Director of Compliance, IPC, and Dayle Scher, Senior Analyst, TABB Group, will discuss the importance of zero tolerance culture, the risks and pitfalls of social media and the many forms of “zero evidence” communications that exist today, and also share examples of the penalties companies are currently facing for non-compliance with regulatory requirements.

When:                     Tuesday, December 6, 2016 11:00 a.m. EST (5:00 p.m. CET)

Where:                    Online

Tweet this Webinar: @IPC_Systems_Inc and @TABBGroup host webinar on zero tolerance #compliance culture and “zero evidence” #communications

About TABB Group

With offices in New York and London, TABB Group is the international research and consulting firm focused exclusively on capital markets, based on the interview-based, “first-person knowledge” research methodology developed by Larry Tabb. For more information, visit www.tabbgroup.com.

About IPC

IPC is a technology and service leader that powers financial markets globally. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With customers first and always, we collaborate with each to understand their individual needs to help make them secure, productive and compliant within our connected community. Through service excellence, long-developed expertise and a focus on innovation and community, we provide agile and efficient ways for our customers to accelerate their ability to adapt to the ever–changing requirements for advanced networks, compliance and collaboration with all counterparties across the financial markets. www.ipc.com

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.

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Affin Bank Upgrades to IPC’s New IQ/MAX Touch on the Unigy Financial Trading Communications Platform

NEW YORK and KUALA LAMPUR, MALAYSIA — November 17, 2016 – IPC, a leading global provider of secure, compliant communications and network solutions for the financial markets community, today announced Affin Bank, a wholly-owned subsidiary of Affin Holdings Berhad, has upgraded its financial trading communications solution to IPC’s new IQ/MAX® Touch powered by IPC’s Unigy® platform. Within two days of an initial trader test, Affin Bank, a long-time IPC customer, rolled out the IQ/MAX Touch communications device to all of its traders.

“The intuitiveness and simplicity of the IQ/MAX Touch user interface enabled our traders to become productive faster than any other previously used trading communications device,” said Affin Bank Berhad in a statement. “We were all very impressed with the ease of retrieving and using the information that was important to each trader, as well as the mobility it provided the entire team.”

IQ/MAX Touch: A new level of personalization and accessibility

IQ/MAX Touch offers a new level of flexibility and personalization that delivers productivity benefits for traders and their operational staff. Traders can access the latest in high-speed voice communications technology with an open, flexible, and extensible touch screen communications device for delivering secure and compliant communications on IPC’s Unigy platform. It drives greater operational efficiency, enables enhanced application integration, and can significantly improve users’ productivity through an intuitive touch screen user interface.

IQ/MAX Touch: Productivity benefits and streamlined operations

The initial testing for IQ/MAX Touch led traders to quickly identify their favorite features. “A big difference is the ability for each user to tailor the configuration of the device to his or her specific preferences,” noted the Affin Bank Berhad statement. “The snapshot function brings everything that is important to a user to a single location and lets them create and save their own personal work areas.”  IQ/MAX Touch offers a new level of user control and directory integration with all of the tools customers require to ensure that their operations are efficient and adhere to internal policies.

“Our clients are excited by IQ MAX Touch. This advanced device represents the next generation in interfaces and reinforces IPC’s commitment to offering our customers the best tools to do the job well,” said Michael Jerich, IPC Senior Vice President of Trading Solutions. “With its new interface and complete set of hard and soft endpoints it is able to cater to every user preference thus enabling them to positively streamline their workflow.”

About Affin Bank Berhad

Affin Bank Berhad (AFFINBANK) is a wholly-owned subsidiary of Affin Holdings Berhad which is listed on Bursa Malaysia.  It commenced operations in January 2001 following a merger between the former Perwira Affin Bank Berhad and BSN Commercial (M) Berhad in August 2000. In June 2005, it merged with the former Affin-ACF Finance Berhad. It has a network of 108 branches nationwide in Malaysia.

AFFINBANK provides a suite of financial products and services that is catered to both retail and corporate customers. The target business segments are categorized under the portfolio of customers under key business units such as Business Banking, Consumer Banking and Treasury. Business Banking offers services in corporate banking, contract financing and trade finance to corporations, institutional clients and SMEs. Consumer Banking provides credit cards, personal loans, mortgages, savings/current and deposit taking services as well as hire purchase loans to individuals.  Log on to www.affinbank.com.my for more information.

About IPC

IPC is a technology and service leader that powers financial markets globally. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With customers first and always, we collaborate with each to understand their individual needs to help make them secure, productive and compliant within our connected community. Through service excellence, long-developed expertise and a focus on innovation and community, we provide agile and efficient ways for our customers to accelerate their ability to adapt to the ever–changing requirements for advanced data networks, compliance and collaboration with all counter-parties across the financial markets. www.ipc.com

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.

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IPC’s David Brown Speaks at IPC Network Launch Reception in Moscow

David Brown, Senior Vice President and Managing Director – Financial Markets Network, IPC speaks to leading Russian institutional investors, asset managers, broker-dealers, exchanges and trade lifecycle service providers, at IPC’s Network Launch reception at the Swissotel Krasnye Holmy hotel in Moscow on November 16, 2016.

Good evening. It is an honor for me to host IPC’s Network Launch reception on behalf of the many dedicated IPC employees and partners in Russia and around the world who are responsible for the company’s success.

At IPC, we truly appreciate and value our customers and partners. Your passion for succeeding in the Russian financial markets, combined with our commitment to your total satisfaction, enables our mutual success. In that spirit, we have organized today’s customer appreciation event at this iconic venue in Moscow, one of the world’s great capitals and financial centers.

IPC provides global market participants with connectivity throughout the trade lifecycle and on demand access to one of the world’s largest financial ecosystems that has over 6000 locations across 700 cities in more than 60 countries. Today, we mark an important milestone for IPC. We are delighted to announce our enhanced network capabilities in Russia. IPC’s points-of-presence (PoPs) in Moscow have been enhanced to support all of our solutions including our flagship extranet service, latency sensitive managed Ethernet service and MPLS corporate WAN solution. We are offering resilient, low latency connectivity from major global financial centers to IPC’s major Moscow POPs at DataSpace, M1 and M9. As a result, IPC is uniquely positioned to deliver a comprehensive product portfolio and solution set that is performance engineered to fulfill the growing demands of both Russian and global capital market participants. This initiative strongly reflects the strategic importance of the Russian capital markets in IPC’s overall strategy.

We are very excited about what our expanded capabilities in Russia mean for our company, and more importantly, for customers and partners like you. Again, thank you for being a part of IPC’s Global Financial Ecosystem.  We look forward to continuing our partnership with you.

IPC Launches Connexus Infrastructure Services

New York, NY – November 16, 2016 – IPC, a leading provider of secure, compliant communications and networking solutions for the financial markets community, today announced the launch of Connexus Infrastructure Services (CIS), a managed private and hybrid Infrastructure as a Service (IaaS) with global availability at premier colocation facilities. Powered by IPC’s Connexus Cloud, CIS is part of IPC’s Financial Markets Network, one of the industry’s largest secure encrypted communications platforms connecting a community of over 200,000 users across 6,000 market participant locations in 700 cities.

CIS offers an array of solutions that enables market participants to execute a variety of electronic trading strategies across multiple asset classes in markets around the world. Services range from fractional cabinet colocation to complete infrastructure management including server, firewall and storage administration. These services are available in private or hybrid IaaS models coupled with managed connectivity that leverages IPC’s Connexus product portfolio for Extranet, WAN, Ethernet and Trader Voice services.

“In today’s highly competitive and ever changing financial markets landscape, Connexus Infrastructure Services delivers a competitive edge by offering a managed infrastructure with close proximity to numerous liquidity venues combined with varying levels of compute power, storage and security,” said Tim Carmody, Vice President, Global Product Management and Engineering, Financial Markets Network, IPC. “As a result, market participants can benefit from both optionality and flexibility through right-sized, cost-effective solutions that deliver ample processing power while minimizing latency.”

Carmody continued, “Given today’s volatile markets, investment managers and broker-dealers are continuing to seek innovative solutions that are engineered to address their most complex trading challenges. CIS and Connexus together provide a flexible, tailor-made and powerful solution by embedding services closer to liquidity venues and market participants, whether co-located or across a wide community.”

The IPC Financial Markets Network portfolio includes data connectivity solutions consisting of the Connexus Extranet, Connexus Ethernet and Connexus WAN as well as voice solutions consisting of Connexus Voice and Trader Voice services. IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 6,000 market participant locations across 700 cities in more than 60 countries.

About IPC

IPC is a technology and service leader that powers financial markets globally. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With customers first and always, we collaborate with each to understand their individual needs to help make them secure, productive and compliant within our connected community. Through service excellence, long-developed expertise and a focus on innovation and community, we provide agile and efficient ways for our customers to accelerate their ability to adapt to the ever–changing requirements for advanced data networks, compliance and collaboration with all counter-parties across the financial markets. www.ipc.com

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.

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IPC Expands Financial Markets Network including Connexus Platform in Russia

MOSCOW – November 16, 2016 – IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced that it has enhanced its network capabilities in Russia. IPC’s points-of-presence (PoPs) in Moscow have been enhanced to support all of IPC’s channel solutions including the firm’s flagship extranet service, latency sensitive managed Ethernet service and MPLS corporate WAN solution. The announcement was made at an exclusive client event attended by senior industry leaders at the prestigious Swissotel Krasnye Holmy hotel in Moscow and follows closely on the heels of IPC announcing that it has extended its Financial Markets Network service portfolio to its Connexus platform.

Leveraging a unified and converged infrastructure, IPC is uniquely positioned to deliver a comprehensive channel product portfolio and solution set that is performance engineered to fulfill the growing demands of both Russian and global capital market participants. IPC’s network expansion in Moscow enables investors in Eastern Europe, the Commonwealth of Independent States (CIS) and other parts of the world to access prime services as well as reliably and securely trade and hedge in the financial markets of the Russian Federation.

“Operationally resilient networks and the secure connectivity throughout the trade lifecycle are absolutely essential irrespective of whether a firm is borrowing securities or trading equities, debt, listed derivatives, FX, OTC derivatives or structured products,” said Ilya Batay, CIO, BCS Global Markets. “As a leading provider of innovative and customizable high and low touch trading solutions in Russia, we are excited that IPC is offering the network infrastructure that market participants require to achieve their overarching objectives.”

“Today’s announcement emphasizes IPC’s dedication to serving global market participants that are interested in reliably and securely accessing the Russian financial markets with cutting-edge technologies,” said David Brown, Senior Vice President and Managing Director, Financial Markets Network, IPC. “We are pleased to continue investing in next-generation solutions that empower both the buy-side and broker dealer community to not only generate alpha and source liquidity in Russia’s markets but also communicate on-demand with counterparties.”

The IPC Financial Markets Network portfolio includes Connexus Extranet, Connexus Ethernet, Connexus WAN, Connexus Channel and Trader Channel services. IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 6,000 market participant locations across 700 cities in more than 60 countries. 

About IPC

IPC is a technology and service leader that powers financial markets globally. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With customers first and always, we collaborate with each to understand their individual needs to help make them secure, productive and compliant within our connected community. Through service excellence, long-developed expertise and a focus on innovation and community, we provide agile and efficient ways for our customers to accelerate their ability to adapt to the ever–changing requirements for advanced networks, compliance and collaboration with all counterparties across the financial markets. www.ipc.com

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.

 

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IPC to offer Connexus® Cloud customers secure, seamless, global access to Equinix Cloud Exchange

NEW YORK – November 15, 2016 – IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced the expansion of its relationship with Equinix. IPC has joined the Equinix Cloud Exchange™ (ECX) to provide direct, scalable and reliable access via its Connexus Cloud solution to cloud providers available in Equinix International Business Exchange ™ (IBX ®) data centers in North America, Europe, and the Asia Pacific region. Customers can access the Equinix eco-system of more than 500 cloud service providers delivered via IPC’s Connexus Cloud, one of the world’s largest secure, private financial markets network with over 200,000 users across 6,000 market participant locations in 700 cities.

Through the Equinix Cloud Exchange, IPC is able to provide the benefits of the cloud to customers adopting SaaS offerings while leveraging a private network with security and performance features which are not available via the internet. Customers are provided access to hundreds of cloud service providers via affordable, private connections through a single port.

“We are very proud to expand our relationship with Equinix and believe in its inherent benefits for our customers,” said David Brown, Senior Vice President, Financial Markets Network, IPC. “As more of our customers turn to the cloud model, we look to offer them products and services that support and simplify their businesses. By partnering with Equinix we ensure our customers can confidently leverage the security, high performance, ease of use and flexibility of Cloud Exchange. Through the Connexus Cloud, Equinix’s Cloud Exchange customers can access the world’s largest financial markets private network and our customers have a simplified low-cost path to migrate to a SaaS model.”

“By leveraging Equinix Cloud Exchange, IPC is transforming the way financial institutions are accessing encrypted communications platforms for trading,” said John Knuff, Vice President of Global Ecosystems, Equinix. “Together Equinix and IPC are delivering robust services exclusively for financial institutions who continue to migrate and embrace cloud-based models to gain infrastructure flexibility, without compromising security or performance. 

About IPC

IPC is a technology and service leader that powers financial markets globally. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With customers first and always, we collaborate with each to understand their individual needs to help make them secure, productive and compliant within our connected community. Through service excellence, long-developed expertise and a focus on innovation and community, we provide agile and efficient ways for our customers to accelerate their ability to adapt to the ever–changing requirements for advanced data networks, compliance and collaboration with all counter-parties across the financial markets. www.ipc.com

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.

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IPC Survey: Financial Firms Project Higher Technology Spending in 2017

NEW YORK – November 10, 2016 – IPC’s annual survey of financial executives attending the FIA Futures and Options Expo in Chicago in October 2016 found for the second year in a row that respondents plan to increase their technology spend over the next year to realize cost efficiencies, gain competitive advantage and manage compliance. IPC is a leading global provider of secure, compliant communications and networking solutions for the financial markets community.

The survey found the top challenges financial firms see in 2017 are:

  1. implementing the right technology infrastructure to drive business
  2. risk management
  3. data analytics and reporting
  4. entering new geographies

Two-thirds of respondents, of whom 85 percent are C-suite-level respondents, expect to increase technology spending in 2017.

Respondents indicated the top reasons financial firms plan to increase their technology spend are to:

  • realize cost efficiencies (37 percent)
  • gain a competitive advantage (23 percent)
  • manage compliance requirements (16 percent)
  • replace legacy systems (14 percent)

Compliance with regulatory requirements is driving firms to make investments in managed services (41 percent), network infrastructure (37 percent), electronic connectivity (33 percent) and compliance oversight (25 percent).

Nearly 60% of those surveyed intend to deploy hosted solutions to support their technology infrastructure in contrast with 46 percent of survey respondents in 2015. Further,  54 percent of the respondents stated they are currently implementing cloud-based services in contrast to 45 percent of survey respondents in 2015.

“Our survey reaffirms that as technology spending continues to grow, firms need expertise, guidance and innovative end-to-end solutions now more than ever,” said Michael Speranza, Senior Vice President, Corporate Strategy, M&A and Marketing, IPC.  “At IPC we are working closely with financial markets companies making moves to minimize infrastructure management and empowering them with the cost efficiencies and compliance oversight benefits provided by our cloud-based platforms and services.” 

The survey was conducted in-person at the 2016 FIA Futures and Options Expo on October 19 and 20, 2016.  In total, 239 conference attendees were interviewed. For more information on our survey results click here.

About IPC

IPC is a technology and service leader that powers financial markets globally. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With customers first and always, we collaborate with each to understand their individual needs to help make them secure, productive and compliant within our connected community. Through service excellence, long-developed expertise and a focus on innovation and community, we provide agile and efficient ways for our customers to accelerate their ability to adapt to the ever–changing requirements for advanced data networks, compliance and collaboration with all counter-parties across the financial markets. www.ipc.com

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.

 

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IPC to Sponsor and Exhibit at the 2016 Singapore FIX Conference

SINGAPORE – November 3, 2016 – IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced that it will sponsor and exhibit at the 2016 Singapore FIX Conference to be held at the Fairmont on November 17. The conference is one of Southeast Asia’s leading electronic trading events and will be attended by some of the industry’s most influential executives from buy-side firms, sell-side firms, liquidity venues, market data vendors and technology providers.

“IPC is delighted to be a sponsor and exhibitor at an event where industry leaders will be debating the most important issues affecting the capital markets of Singapore and the wider ASEAN region,” said David Brown, Senior Vice President and Managing Director, Financial Markets Network, IPC. “Our team of subject matter experts based in Southeast Asia will be attending the conference to discuss the pivotal role of reliable and secure connectivity throughout the trade lifecycle and access to an established ecosystem of market participants in the current market environment.”

The IPC Financial Markets Network portfolio includes data connectivity solutions consisting of the Connexus Extranet, Connexus Ethernet and Connexus WAN as well as voice solutions consisting of Connexus Voice and Trader Voice services. IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 6,000 market participant locations across 700 cities in more than 60 countries.

About IPC

IPC is a technology and service leader that powers financial markets globally. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With customers first and always, we collaborate with each to understand their individual needs to help make them secure, productive and compliant within our connected community. Through service excellence, long-developed expertise and a focus on innovation and community, we provide agile and efficient ways for our customers to accelerate their ability to adapt to the ever–changing requirements for advanced data networks, compliance and collaboration with all counter-parties across the financial markets. www.ipc.com

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.

 

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IPC Thought Leader to Present at the Fixed Income Leaders Summit Europe

BARCELONA – November 2, 2016 – IPC Systems, Inc., is proud to announce that one of the company’s thought leaders, Ganesh Iyer, IPC’s Global Director of Product Marketing, will be presenting to influential European heads of fixed income trading and portfolio management at the Fixed Income Leaders Summit in Barcelona, Spain scheduled to be held from November 8-10, 2016 at the Fairmont Rey Juan Carlos I. The event will focus on critical concerns faced by fixed income professionals such as the evolving regulatory environment and market structure, liquidity shifting to the buy-side and technological innovation.

During his presentation titled “Connecting European Market Participants in the Evolving Landscape of Capital, Liquidity and Leverage Requirements,” Mr. Iyer will be focusing on the benefits of connectivity throughout the trade lifecycle and on-demand access to large and diverse financial ecosystems to assist with executing a range of fixed income trading strategies. Mr. Iyer holds the Chartered Alternative Investment Analyst (CAIA) designation and has been a speaker and panelist at prestigious industry events around the world.

“IPC is thrilled to be a sponsor, exhibitor and thought leader at an event where senior buy-side portfolio managers and traders will be debating the most important issues affecting the European fixed income markets,” said Joseph Pickel, Global Head of Sales and Marketing, Financial Markets Network, IPC. “Our team of global subject matter experts will be in attendance to meet with clients and discuss the technology implications of a low interest rate environment, market volatility, the fixed income liquidity crunch, proliferation of platforms, growth in trading protocols and the emergence of all-to-all trading.”

The IPC Financial Markets Network portfolio includes data connectivity solutions consisting of the Connexus Extranet, Connexus Ethernet and Connexus WAN as well as voice solutions consisting of Connexus Voice and Trader Voice services.  IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 6,000 market participant locations across 700 cities in more than 60 countries. Market participants interested in speaking to IPC’s subject matter experts can schedule a meeting with us at the conference or email us. 

About IPC

IPC is a technology and service leader that powers financial markets globally. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With customers first and always, we collaborate with each to understand their individual needs to help make them secure, productive and compliant within our connected community. Through service excellence, long-developed expertise and a focus on innovation and community, we provide agile and efficient ways for our customers to accelerate their ability to adapt to the ever–changing requirements for advanced data networks, compliance and collaboration with all counter-parties across the financial markets. www.ipc.com

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.

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LMAX Exchange Joins IPC’s FX Hub

New York – November 1, 2016 – IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced that LMAX Exchange, the  leading Multilateral Trading Facility (MTF) for FX and one of the UK’s fastest growing technology companies has joined the IPC FX Hub in the Equinix NY4 data centre.

The IPC FX Hub supports the global foreign exchange markets through data centers in key markets such as London, New York, Tokyo, Singapore, Frankfurt, Moscow, Zurich, Chicago and Hong Kong – all with connectivity to IPC’s vast community of diverse financial market participants and low latency access via IPC’s dark fiber rings to key FX liquidity providers and dealers.

Ralf Duken, Head of Networks & Security of LMAX Exchange, commented: “LMAX Exchange aims to provide its clients with a range of flexible connectivity options.  We look forward to working with the IPC FX Hub community in our newly launched New York-based matching engine and continue to provide reliable and consistent, ultra-low latency execution to all our clients.”

“In today’s rapidly evolving FX landscape, broker-dealers and non-dealer financial institutions require reliable, latency-sensitive and secure connectivity to liquidity venues for transparent price discovery and dependable trade execution,” said David Brown, Senior Vice President and Managing Director, Financial Markets Network, IPC. “We are delighted to collaborate with LMAX Exchange and empower market participants to generate alpha, mitigate risk, arbitrage and source liquidity in the global currency markets through our FX Hub solution.”

The IPC Financial Markets Network portfolio includes data connectivity solutions consisting of the Connexus Extranet, Connexus Ethernet and Connexus WAN as well as voice solutions consisting of Connexus Voice and Trader Voice services. IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 6,000 market participant locations across 700 cities in more than 60 countries.

About IPC

IPC is a technology and service leader that powers financial markets globally. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With customers first and always, we collaborate with each to understand their individual needs to help make them secure, productive and compliant within our connected community. Through service excellence, long-developed expertise and a focus on innovation and community, we provide agile and efficient ways for our customers to accelerate their ability to adapt to the ever–changing requirements for advanced data networks, compliance and collaboration with all counter-parties across the financial markets. www.ipc.com


About LMAX Exchange

Recognised as one of the UK’s fastest growing technology firms for three consecutive years (2015, 2014 and 2013 Sunday Times, Tech Track 100), LMAX Exchange is the leading MTF for FX, authorised and regulated by the FCA. Servicing retail brokers, funds, corporates, asset managers and banks, LMAX Exchange delivers a unique vision for global FX trading – a transparent, neutral, level playing field for all market participants, regardless of status, size or activity levels.

The LMAX Exchange OPEN order book is driven by streaming, no ‘Last Look’ limit order liquidity. LMAX Exchange offers a range of key products, including spot FX, precious metals, commodities and equity indices, with complete pre and post-trade transparency and order execution where no ‘last look’ is standard. Orders are executed in strict price/time priority.

LMAX Exchange – the emerging benchmark for global FX.

https://www.lmax.com

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.

 

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