Jersey City, N.J and Frankfurt, Germany – November 30, 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, has further extended its global financial network reach with connectivity to Eurex Exchange, one of the world’s leading derivatives exchanges. Eurex Exchange offers the world’s most actively traded and liquid market in both EUR-denominated equity index derivatives and CHF-based exchange traded derivatives, as well as a broad offering in single equity products, alternative asset classes and commodities. Eurex Exchange also provides one of the most liquid fixed income markets in the world.
“At Eurex Group we are committed to delivering innovation and excellence across the derivatives value spectrum,” commented Michael Peters, member of the Eurex Executive Board. “We are delighted to welcome customers of IPC’s community to Eurex and extend the connectivity options for our own clients.”
“Extending connectivity to Eurex Exchange demonstrates our continued commitment to providing our DirectConnect service to customers with the fastest and most reliable access to the world’s key liquidity venues,” said Richard Petrie, vice president, EMEA Network Operations, IPC. “Because our DirectConnect offering was designed and built exclusively for the financial markets, we are well positioned to provide global traders connecting to Eurex Exchange with the scalable, high-performance service that they require.”
IPC’s global network interconnects the world’s major financial centers across 700 cities in nearly 60 countries with secure, low-latency connectivity in support of all aspects of the trade lifecycle. The investment in more direct paths to key exchanges over the last six months has been a key driver behind IPC’s mission to extend network route capacity. This forms part of IPC’s long-term strategic plan to deliver the optimum trading network to connect buy-side firms, sell-side firms, market data providers, interdealer brokers and liquidity venues globally.
About Eurex Group
The international derivatives exchange Eurex, jointly operated by Deutsche Börse AG and SIX Swiss Exchange, organizes markets globally. Eurex is home to the Euro zone interest rate and equity index benchmark derivatives. Eurex’s portfolio of markets includes International Securities Exchange, a leading U.S. options exchange. The ECNs Eurex Repo and Eurex Bonds round out Eurex’s offering for repo and bond trading. In addition, Eurex provides an automated and integrated clearing house, Eurex Clearing AG. Eurex’s global liquidity network comprises around 420 direct exchange members in 28 countries worldwide. For more information, visit www.eurexchange.com.
IPC Systems offers high and low touch trading communications solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With 100% focus on this sector and nearly 40 years of expertise and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity. IPC’s market-leading offerings include the first unified communications/application platform, award-winning hard and soft turrets, electronic connectivity services including enhanced voice services, business continuity solutions, and follow-the-sun service and support. IPC’s global reach extends to more than 58 countries – including a Financial Extranet of 4,000 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions. For more information, visit www.ipc.com.