NEW YORK, Oct. 18, 2016 /PRNewswire/ -- IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, and Clearpool Group, a service provider of electronic trading software solutions and independent agency broker dealer execution services, today announced that Clearpool Group has joined the IPC Financial Markets Network. IPC's extensive and diverse community of financial market participants around the world can now reliably and securely access not only Clearpool's Algorithmic Management System, but also Clearpool's Execution Management System. Several leading institutional investors, asset managers and commercial banks are currently taking advantage of IPC's advanced connectivity, communications and collaboration solutions to access Clearpool's services.
"Our innovative trading technologies provide transparency and control to market participants in today's rapidly evolving market microstructure," said Ray Ross, CTO, Clearpool Group. "We are delighted to join IPC's financial ecosystem and expand the global base of broker-dealers that can access our services."
"Given the accelerated pace of evolution of the global equity markets in the recent past, market participants are increasingly demanding cutting-edge solutions for pre- and post-trade transparency, sourcing liquidity, executing trades, managing risk and achieving compliance," said David Brown, Senior Vice President and Managing Director, Financial Markets Network, IPC. "We are excited to provide the sizeable and diverse community of trading firms in the IPC Financial Markets Network with reliable, latency-sensitive and secure connectivity to Clearpool's solutions and services."
The IPC Financial Markets Network service portfolio includes the Connexus Financial Extranet, Direct Connect and MPLS WAN 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 6,000 market participant locations across 700 cities in more than 60 countries.
About Clearpool Group
Launched in 2014 and based in New York, Clearpool Group, Inc., offers advanced electronic trading software and provides independent agency broker dealer execution services. Clearpool's algorithmic and execution management systems empower market participants to take control of better quality execution by delivering advanced electronic trading solutions for an evolving equity market microstructure and competitive landscape.
IPC is a technology and service leader that powers financial markets globally. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With customers first and always, we collaborate with each to understand their individual needs to help make them secure, productive and compliant within our connected community. Through service excellence, long-developed expertise and a focus on innovation and community, we provide agile and efficient ways for our customers to accelerate their ability to adapt to the ever–changing requirements for advanced data networks, compliance and collaboration with all counter-parties across the financial markets. www.ipc.com
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SOURCE IPC Systems, Inc.