IPC Systems Adds Omega ATS to High-Performance Global Financial NetworkBy Ipc Systems, PRNE
Monday, May 9, 2011
JERSEY CITY, New Jersey and TORONTO, May 10, 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 global financial network with
connectivity to Omega ATS, Canada's fastest-growing alternative trading venue
for exchange-listed equities and fixed income instruments. IPC now provides
market participants on its network with direct access to Omega ATS while
providing trading firms and exchange members in Canada with high-speed,
secure and reliable routes to markets around the world.
"At Omega ATS we are committed to ensuring that the execution we offer to
our clients is the fastest in the Canadian marketplace," said Mike Bignell,
President and Chief Compliance Officer at Omega ATS. "We're convinced that
our platform is one the lowest latency trading venues in Canada and we're
delighted that a global trading connectivity specialist like IPC is
connecting its customers to our venue."
"IPC sees significant growth opportunities in the Canadian markets and
offers trading firms on the IPC ecosystem with connectivity to allow them
capitalize on opportunities before competitors. We are excited to add Omega
ATS to enable our customers to rapidly uncover liquidity and source
opportunities for best execution," added Jeffrey Britell, Vice President,
Global Carrier and Exchange Relations at IPC.
IPC's global network interconnects the world's major financial centers
and more than 4,000 financial market participants across 200 cities in more
than 70 countries with secure, low-latency connectivity in support of all
aspects of the trade lifecycle. IPC's established community of market
participants includes liquidity venues, buy-side firms, sell-side firms,
inter-dealer brokers, market data providers and independent software vendors.
Specifically engineered for electronic trading applications, ECS provides
members of IPC's trading ecosystem with high speed connectivity as well as
managed data connectivity.
About Omega ATS
Omega ATS is an alternative trading system for Canadian exchange-listed
equities and fixed income instruments. It provides a fast, price/time
priority trading platform where dealers and their clients can trade at the
CBBO (Canadian Best Bid and Offer) at extremely competitive rates. It has
more than 70 subscriber firms including Canada's five largest dealers. The
system is designed to maximize internal order processing speed - minimizing
the time between when an order is received and an acknowledgement is sent.
The company rewards liquidity providers with time priority over other
marketplaces and is committed to keeping its marketplace fees as low as
possible. For more information, please visit www.omegaats.com.
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 24×7x365 management services in more than 70 countries. Based in
Jersey City, NJ, IPC has more than 900 employees throughout the Americas,
Europe and Asia-Pacific regions. For more information, visit
Lauren Doran Matt Pennacchio IPC Systems, Inc. Ruder Finn for IPC +1-201-253-2343 +1-212-715-1613 firstname.lastname@example.org email@example.com Steph Johnson Aspectus PR for Omega ATS +1-646-274-1348 firstname.lastname@example.org
Tags: IPC Systems, Jersey city, May 10, new jersey, New Jersey And Toronto, Ontario