IPC Launches Express Route between Metro New York Area and Toronto to Provide
High-Speed Trading Connectivity
</pre> <p>JERSEY CITY, N.J., <span class="xn-chron">Oct. 19</span> /CNW/ -- IPC Systems, Inc., a leading provider of trading communications solutions to the world's top financial services firms and global enterprises, today announced the launch of a new sub-10 millisecond express trading route between New York, New Jersey and <span class="xn-location">Toronto</span>. This highly competitive, low latency route provides trading firms with dedicated and express access to multiple liquidity venues and exchanges.</p> <p/> <p>The opening of the new IPC express route will link existing points-of-presence (POPs) between key trading locations across New York, New Jersey and <span class="xn-location">Toronto</span>. Market participants can now connect to their trading engines over IPC's high performance, low latency route, an enhancement that is part of a long-term strategic plan to deliver the optimum trading network to connect brokerages, investment firms, money managers, market makers, market data providers and execution venues globally.</p> <p/> <p>The launch of the express route is part of IPC's continued commitment to the <span class="xn-location">Toronto</span> market, enabling customers to take advantage of the region's multi-market structure of exchanges and alternative trading systems. It follows IPC's recent upgrade of its US-Canada core network infrastructure to a fully restorable dense wavelength division multiplexing (DWDM) network. The upgraded infrastructure provides a direct gateway to the robust <span class="xn-location">Toronto</span> equities market.</p> <p/> <p>"Trading in today's marketplace requires express connectivity to allow customers to transact faster, across heavily traded hubs. By shaving critical milliseconds off the New York to <span class="xn-location">Toronto</span> route, customers in both regions can take advantage of direct market access to multiple trading venues," said <span class="xn-person">Lou Marchese</span>, IPC Vice President of Network Operations Americas Systems. "IPC sees significant growth opportunities in the Canadian equities, derivatives and energy markets, and we are pleased to provide our customers with a clear competitive trading advantage."</p> <p/> <p>IPC continues to expand its high-speed, fully restorable optical network across <span class="xn-location">North America</span> with additional routes engineered to deliver latency-sensitive trading applications and transactions. This announcement follows the company's recent launch of an express route between New York and <span class="xn-location">Chicago</span> as well as network expansions throughout the <span class="xn-location">United States</span> and <span class="xn-location">Canada</span>, resulting in a doubling of available route miles, reduction in latency and improved redundancy to maximize uptime for the trading community.</p> <pre> About IPC </pre> <p>IPC is a leading provider of indispensable financial trading communications solutions to the world's top 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 77 countries. Based in Jersey City, N.J., IPC has more than 900 employees throughout the Americas, <span class="xn-location">Europe</span> and Asia-Pacific regions. For more information, visit <a href="http://www.ipc.com">www.ipc.com</a>.</p> <p/> <p> </p> <p> </p> <p>Media Contacts</p> <p> </p> <pre> Anu Ahluwalia IPC Systems, Inc. +1 201-253-2073 [email protected] </pre> <p> </p> <pre> Matt Pennacchio Ruder Finn for IPC +1 212-715-1613 [email protected]
For further information: Anu Ahluwalia of IPC Systems, Inc., +1-201-253-2073, [email protected], or Matt Pennacchio of Ruder Finn, +1-212-715-1613, [email protected] Web Site: http://www.ipc.com
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