London, UK – March XX, 2011 – IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world‟s top financial services firms and global enterprises, today announced the latest stage of its European network upgrade. The new optimisation programme provides significant increases in network performance and capacity, connecting key trading venues in Frankfurt, Paris and London, and reducing latencies to liquidity venues in the New York Metropolitan Area, Chicago and Toronto.
IPC‟s Electronic Connectivity Services (ECS), over the upgraded European network, offers customers faster and more direct access to global exchanges and a premium express route from London to Frankfurt with round-trip latency as low as 8.8ms. Connectivity provided by IPC enables customers to comply with best execution policies and take advantage of cross market arbitrage opportunities.
“This investment is part of our continued global strategy to broaden and strengthen the network for our European and global customers, offering them faster and more direct access to the venues where they desire to trade,” says Richard Petrie, IPC‟s Vice President, Network Operations EMEA. “Over the last couple of years we have rapidly expanded our network to reflect the 24/7 „always on‟ nature of trading. As a result we‟ve vastly extended our ECS network with upgrades around the world, including both the London to Frankfurt and transatlantic routes. Customers benefit with high speed links stretching from Chicago to Frankfurt. ”
IPC‟s global financial network interconnects the world‟s major financial centres, 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, ECS offers members of IPC‟s trading ecosystem dedicated bandwidth and scalable, flexible connectivity.
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 75 countries. Based in Jersey City, NJ, IPC has more than 900 employees throughout the Americas, Europe and Asia-Pacific regions. For more information, visit www.ipc.com