IPC Systems Adds NASDAQ OMX Nordic Connectivity as part of Continued Global Network ExpansionBy Ipc Systems, PRNE
Sunday, November 6, 2011
JERSEY CITY, New Jersey and STOCKHOLM, November 7, 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 extended its secure financial network with connectivity to NASDAQ OMX Nordic - the central market place for fixed income activities in the Nordic region.
NASDAQ OMX Nordic includes the exchanges in Stockholm, Helsinki, Copenhagen and Iceland, and IPC has implemented direct access to NASDAQ OMX Stockholm, providing secure, high speed and resilient connectivity to the Nordic region’s key financial markets.
A wide variety of products are traded on NASDAQ OMX Nordic, including equities, equity rights, convertible loans, subscription options, premium bonds, retail bonds, exchange traded funds, warrants, equity derivatives, index derivatives and fixed income derivatives. The announcement confirms IPC’s continued commitment to providing its community of market participants with connectivity to key financial centers.
“NASDAQ OMX Nordic provides traders with immediate access to more than 75 percent of exchange trading across the Nordic countries, so we’re an ideal destination for market participants looking to take advantage of the Nordic equities market with its broad offering across different sectors and a high number of growth companies,” commented Brian Hyndman, senior vice president, Market Data Management, NASDAQ OMX. “We’re delighted that IPC, one of the world’s major financial trading networks, is connecting directly with NASDAQ OMX Nordic, and we’re looking forward to increased trading interest from IPC’s global community of over 4,000 financial market participants.”
“NASDAQ OMX Nordic serves as a central gateway to the Nordic financial market, and is proving an increasingly attractive destination for traders looking to build portfolios with a good risk spread,” added David Brown, senior vice president, Global Network Operations, IPC. “Firms looking to trade on NASDAQ OMX Nordic’s markets now have an ideal connectivity partner in IPC, as we not only deliver secure, low latency managed network services with dedicated bandwidth, but also offer access to the many different market participants that make up the global trading community.”
IPC’s global network interconnects the world’s major financial centers across 200 cities in 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.
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.
Rob Thibault Matt Pennacchio IPC Systems, Inc. Ruder Finn for IPC +1-201-253-2162 +1-212-715-1613 email@example.com firstname.lastname@example.org
Tags: IPC Systems, Jersey city, new jersey, New Jersey And Stockholm, November 7, sweden