International Securities Exchange Joins IPC’s Connexus Financial Extranet
JERSEY CITY, N.J., Sept. 17, 2012 /PRNewswire/ — IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world’s top financial services firms and global enterprises, today announced that the International Securities Exchange (ISE), operator of a leading U.S. options exchange, has joined IPC’s Connexus Financial Extranet service.
Using IPC’s Connexus, numerous capital market participants around the globe can access a variety of services from ISE. In addition to trading applications such as ISE’s FIX interface and PrecISE Trade®, Connexus is also offering connectivity to ISE’s market data products such as the ISE Premium Hosted Database (ISE PhD(TM)). ISE PhD(TM) is a fully managed historical tick database of full OPRA data including all quotes and trades from all exchanges, U.S. equities level-one data, pre-computed implied volatilities and Greeks, full corporate action histories, and ISE Open/Close trade data.
“We are excited to expand the distribution capabilities of our market data products through IPC’s Connexus,” said Jeff Soule, ISE Head of Market Data. “By offering a product like the ISE Premium Hosted Database through Connexus, we are streamlining the integration work for PhD customers and are able to offer this extremely robust, data-intensive solution in a fully managed, secure hosting environment.”
“IPC is committed to providing industry leading, value-added network solutions for traders in a reliable and secure environment,” said Joe Pickel, vice president, Network Services Product Management, IPC. “Connexus provides leading market participants, including bulge bracket and top-tier boutique firms, in the extremely demanding options trading world with access to critical market data and trade lifecycle applications from ISE.”
Connexus is part of the IPC Financial Markets Network service portfolio which also includes private extranet and DirectConnect data services, as well as Trader and Enhanced voice connectivity 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.
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 www.ipc.com.
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SOURCE IPC Systems, Inc.