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Press Release -- March 10th, 2011
Source: IPC Systems
Tags: Exchange, Expansion, Low Latency

IPC Expands Pan-Asian Financial Network with Connectivity to Tokyo Financial Exchange (TFX)

Jersey City, N.J and TOKYO - March 10, 2011– IPC Systems, Inc., a leading provider of trading communications solutions to the world’s top financial services firms and global enterprises, has extended its Global Financial Network with connectivity to the Tokyo Financial Exchange (TFX). The announcement is part of IPC’s continued network expansion across the Asia Pacific region, and supports TFX’s plans to encourage international traders to access its world-class derivatives trading systems.

TFX is committed to promoting overseas remote membership, and secured its first remote trading member in September 2010 when it became the first Japanese exchange to admit trading membership of an overseas investor with no office in Japan. TFX is pursuing a range of initiatives to increase the number of members and overseas traders executing trades on the TFX, where it trades interest rate futures transactions such as three-month Euroyen Futures, as well as its Click 365 Currency Pairs offering and its Click kabu 365 Exchange Equity Index Margin Contracts.

This announcement positions IPC and its Electronic Connectivity Services (ECS) as an ideal network infrastructure platform for traders who require a secure, high-speed solution for their Asia Pacific trading activities. IPC already supports thousands of on-net market participants, and connecting to the TFX will provide IPC customers with low latency reliable access to what has quickly become one of the Asia Pacific region’s key exchanges for financial derivatives.

“TFX is encouraging international investors to trade on its exchange, and is keen to develop increased interconnectivity with the international trading community, so we’re delighted to extend our Global Financial Network and Electronic Connectivity Services to one of the regions’ key venues,” commented Ulises Garcia, Manager, Network Operations Japan, IPC Systems. “Adding high speed connectivity to TFX - backed by the reliability of our Electronic Connectivity Services both across the Asia Pacific and other key regional markets will provide our global community of over 4,000 on-net market participants with a direct low latency connection, and we look forward to introducing additional traders to TFX over the coming months.”

IPC’s global financial extranet connects the world’s major financial centers, providing market participants with the secure, high-speed connectivity they require to support all aspects of the trade lifecycle. Specifically engineered for electronic trading applications, the IPC portfolio of Electronic Connectivity Solutions provides secure, dedicated bandwidth and scalable, flexible connectivity capabilities to support their evolving electronic trading requirements.

IPC has 12 sales offices across the region, providing sales, implementation, integration and support services for IPC’s trading floor communications solutions and enhanced services.

About Tokyo Financial Exchange (TFX)

Headquartered in Chiyoda-ku, Tokyo, the Tokyo Financial Exchange Inc. (TFX) is a specialist exchange for financial derivative products, with trading members consisting of 72 major financial institutions from around the globe. TFX offers a variety of short-term interest rate (STIR) futures and options products for institutional investors, as well as Exchange FX Margin contracts aimed primarily at the Japanese retail investment market. For more information, please visit: www.tfx.co.jp/en/

About IPC

IPC is a leading provider of financial trading communications solutions to the world’s leading financial services firms and global enterprises. With nearly 40 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 77 countries. Based in Jersey City, N.J., IPC has more than 900 employees throughout the Americas, Europe and Asia-Pacific regions. For more information, visit www.ipc.com

Lauren Doran, IPC Systems, Inc., +1 201-253-2343, lauren.doran@ipc.com

Institutional Marketing Group, Tokyo Financial Exchange Inc., Tel: + 81-3-4578-2438, marketing@tfx.co.jp
Matt Pennacchio, Ruder Finn for IPC, +1 212-715-1613, pennacchiom@ruderfinn.com

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