IPC Systems, a communications services provider to the financial markets, has expanded its network with the addition of Russian brokerage firm Otkritie Capital.
Otkritie is the newest client to the IPC financial markets network, a cloud-based platform that allows users to connect with Otkritie in order to trade in Russian equities and derivatives, and as receive global prime services.
According to IPC Systems, the financial markets network, which currently hosts more than 6,000 participants, offers services the likes of Connexus Financial Extranet, Direct Connect and MPLS WAN data services, as well as trader and enhanced voice connectivity services.
“Otkritie plays a central role in the success of most institutional investors, fund managers and proprietary traders, particularly for firms interested in borrowing securities, getting margin trading facilities and having direct access to multiple asset classes and liquidity pools available on the Moscow Exchange, with a strong focus on RUB-related instruments.” said Serge Alexandre, head of international prime services sales at Otkritie.
“We are thrilled to collaborate with IPC to offer global investors with state-of-the-art connectivity and communications solutions for financing trades and managing risk.”
David Brown, senior vice president and managing director, financial markets network at IPC, added: “It is our goal to provide institutional investors, corporate treasuries and fund managers with innovative solutions to source liquidity and execute compliant trades across asset classes.”
“Connectivity has become a cornerstone for investors, especially for those taking short positions and seeking to amplify profits through leverage. We are delighted to welcome Otkritie Capital to our diverse and secure financial markets private cloud.”
