Opening of new fast route enables competitive advantage for real-time trading transactions
Jersey City, N.J. – August 2, 2010 – IPC Systems, a leading provider of indispensable trading communications solutions to the world’s top financial services firms, today announced the opening a new express route to existing points-of-presence (POPs) between 350 East Cermak, Chicago, Illinois and 165 Halsey St, Newark, New Jersey. Market participants can connect to their trading engines with the assurance their transaction is over the lowest current possible latency route. This enhancement is an integral part of a long term strategic plan to deliver the optimum trading network to connect brokerages, investment firms, money managers, market makers and execution venues globally.
IPC continues to expand its high-speed, fully restorable optical network across North America with additional routes engineered to deliver delay-sensitive trading applications and transactions. This announcement follows the company’s recent network expansions throughout the United States and Canada, resulting in a doubling of available route miles, reduction in latency and improved redundancy to maximize uptime for the trading community.
“IPC’s goal is to provide alternative connectivity options to access strategic trading venues for our global customer base. We just shaved critical milliseconds off the New York to Chicago route to allow customers to transact faster, across these heavily traded regional hubs,” said Lou Marchese, vice president, Network Operations Americas, IPC Systems.
About IPC
IPC is a leading provider of indispensable financial trading communications solutions to the world’s top financial services firms and global enterprises. With 35 years of expertise and innovation, IPC provides its customers with global systems and solutions, as well as a suite of products and enhanced services that includes advanced Voice-over-IP technology and integrated network and 24x7x365 management services in more than 60 countries. Based in Jersey City, N.J., IPC has approximately 900 employees throughout the Americas, Europe and Asia-Pacific regions. For more information, visit www.ipc.com.
For Immediate Release
Media Contacts
Cliff Fox
IPC Systems, Inc.
+1 201-253-2291
cliff.fox@ipc.com
Matt Pennacchio
Ruder Finn for IPC
+1 212-715-1613
pennacchiom@ruderfinn.com
# # #
PR Archives: Latest, By Company, By Date