IPC Systems has launched its new Financial Markets Cloud service for more secure and reliable trading for exchange-traded funds (ETFs).
IPC, a provider of communications and managed network-as-a-service solution provider, connects financial centres around the world, and allows access to more than 6,000 market participants across 60 countries.
Through the Financial Markets Cloud, these participants will be able to trade ETFs electronically, and using voice connectivity.
Participants include institutional investors, asset managers, hedge funds, insurance companies and corporate treasuries, as well as sell-side firms.
Joseph Pickel, global head of sales and marketing for the financial markets network at IPC, said: “The combination of ETFs and our Financial Markets Cloud offers a powerful and transformational paradigm for the rapidly evolving global fixed income markets where sourcing liquidity, mitigating risk, connecting market participants and enabling all-to-all trading have become imperative.”
He added: “Today’s announcement underscores our unwavering commitment to providing market participants with next generation solutions to reliably and securely trade ETFs in listed and over-the-counter markets around the world.”
Anthony Perrotta, partner and global head of research and consulting at research and strategic advisory firm TABB Group, said: “As ETFs continue to proliferate and fixed-income market participants increasingly utilise the products to both manage beta and generate alpha, we foresee an increased demand for specialised communications and managed network services which will ensure optimum flow of information and data.”
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