IPC Systems, Inc. has been selected by Singapore Exchange (SGX) to manage the SGX Chicago Hub, which is available at CME Group´s facility in Aurora, Illinois, the company said.
The IPC Financial Markets Network (FMN) now provides capital market participants in nearly 3,000 North American locations with secure and reliable connectivity in accessing Singapore´s financial markets while meeting regulatory requirements in doing so.
The announcement is part of IPC´s continued global network expansion, empowering North American investors to directly trade equities, foreign exchange, and derivatives, and access market data regarding the Singaporean market.
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.
Singapore Exchange facilitates the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.
IPC is a technology and service leader that powers financial markets globally. It helps clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology.