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IPC Adds CME Group's New York Mercantile Exchange to Growing Network of Liquidity and Execution Venues
Secure, Low-Latency, Dedicated Connectivity Circuits Provide Access to Real-Time Electronic Trading and Execution Capabilities
JERSEY CITY, N.J., Nov. 12 /PRNewswire/ -- IPC Systems, Inc., a leading provider of indispensable trading communications solutions to the world's leading financial services firms and global enterprises, today announced that IPC has added the CME Group's New York Mercantile Exchange (NYMEX) to its growing network of liquidity and execution venues through its ECS Xchange(TM). This new service offers the opportunity for firms to take advantage of IPC's inherent low-latency, high-capacity network infrastructure to provide a scalable connectivity solution for extreme trading environments.
IPC's ECS Xchange is designed specifically for electronic trading, allowing traders to select from a wide range of scalable connections ranging from 1MB to 1GB. Today, financial market participants are coping with increasing market complexities, fragmentation, accessing multiple markets directly, trading multiple asset classes as well as deploying advanced trading applications. In addition, retaining a competitive advantage in the global marketplace requires processing more sophisticated data streams on the fly and ensuring the lowest possibly turnaround time when executing trades. ECS Xchange provides secure, dedicated connectivity which market participants can leverage to support their increasing electronic trading requirements, as well as delivering a scalable platform for the future.
"ECS Xchange has been specifically developed to provide the vital speed, dedicated connectivity and scalability firms require to accommodate the demands of electronic trading," said Michael Speranza, senior vice president, Global Product Management, IPC Systems. "With the addition of the New York Mercantile Exchange to IPC's ECS Xchange, market participants can ensure that they are able to leverage a reliable, scalable, and truly real-time platform that offers uninterrupted electronic access to critical markets and associate services therefore assuring themselves of retaining their competitive edge."
About IPC
IPC is a leading provider of indispensable financial trading communications solutions to the world's leading financial services firms and global enterprises. With 35 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 60 countries. Based in Jersey City, N.J., IPC has approximately 900 employees throughout the Americas, Europe and Asia-Pacific regions. For more information, visit www.ipc.com.
Statements made in this news release that state IPC's or its management's intentions, beliefs, expectations, or predictions for the future constitute "forward looking statements" as defined by federal securities laws, which involve significant risks and uncertainties. Many risks and uncertainties are inherent in the telecommunications equipment industry. Others are more specific to our operations. The occurrence of the events described and the achievement of the expected results depend on many factors, some or all of which are not predictable or within our control. Actual results may differ materially from results discussed in these forward looking statements. Among the factors that could cause actual results, performance or achievement to differ materially from those described or implied in the forward-looking statements, are risks associated with substantial indebtedness, leverage and debt service, risks relating to the performance of our business and future operating results, risks of competition in our existing and future markets, loss or retirement of key executives, risks related to the notes and to high yield securities generally, general business and economic conditions, market acceptance issues, including potential technology changes and the risks inherent in new product and service introductions and the entry into new geographic markets, as well as those risk factors described in our filings with the SEC. (c)2009 IPC Systems, Inc. All Rights Reserved. IPC, TradeCARE and MAXaccess 1000 are registered trademarks and Alliance Express, IQMX, IQ/MAX, Nexus Suite, Tradenet MX and Tradenet are trademarks of IPC. All other trademarks are the property of their respective owners.
Media Contacts:
Cliff Fox Matt Pennacchio
IPC Systems, Inc. Ruder Finn for IPC
+1-201-253-2291 +1-212-715-1613
cliff.fox@ipc.com pennacchiom@ruderfinn.com
SOURCE IPC Systems
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