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Press Release -- May 14th, 2012
Source: IPC Systems

IPC’s Connexus Provides Reliable and Secure Connectivity to Eris Exchange

Jersey City, N.J. – May 14, 2012 –IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world’s top financial services firms today announced that they have added Eris Exchange, a U.S.-based futures exchange, to IPC’s Connexus Financial Extranet service.

Eris Exchange is a leading, open access futures exchange for interest rate risk management, offering forward starting and spot starting interest rate swap futures contracts. Eris Exchange provides the flexibility of over-the-counter interest rate swaps with the risk mitigation of CME Clearing, offering participants cleared swap futures. Using IPC’s Connexus, market participants will experience flexible, reliable and secure connectivity to the Eris SwapBookTM electronic trading platform.

“We are delighted that IPC is providing connectivity to a diverse pool of market participants seeking direct access to the Eris SwapBook electronic trading platform,” said Christopher Rodriguez, chief sales and corporate development officer, Eris Exchange. “In a fluid and demanding trading environment, IPC is well positioned to provide professionally managed connectivity that is an essential component of the overall trading experience.”

“We welcome Eris Exchange to our global community of capital market participants,” said Joe Pickel, vice president, Network Services Product Management, IPC. “As electronic trading in interest rate and credit default swaps continues to flourish having venues such as Eris Exchange as a destination on Connexus provides traders with the flexibility required to trade rapidly growing asset classes.”

IPC has been rapidly developing a community of market participants in the OTC derivatives market that includes broker-dealers, inter-dealer brokers, derivative execution venues and major institutional investors. Connexus is part of the IPC Financial Markets Network service portfolio which also includes private extranet and Direct Connect data services, as well as Trader and Enhanced voice communications services. IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 4,000 market participant locations in over 700 cities in nearly 60 countries. Built on an IP/MPLS backbone, the highly scalable and secure Connexus supports a number of industry standard and trading protocols.

About Eris Exchange

Eris Exchange is a futures exchange (Designated Contract Market) regulated by the CFTC, and lists a US Dollar-denominated interest rate swap futures contract. Since launch, Eris Exchange has traded more than $35 billion in notional value of Eris Interest Rate Swap Futures. Eris Exchange contracts are cleared by CME Clearing, a leading derivatives clearing house. For more information, visit Eris Exchange online at
About IPC

IPC 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 a 100-percent 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 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 nearly 60 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

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