IPC Systems Expands Asia Pacific Financial Network with Connectivity to the Philippine Stock Exchange
JERSEY CITY, N.J., Nov. 29, 2010 /PRNewswire/ -- IPC Systems, Inc., a leading provider of trading communications solutions to the world's top financial services firms and global enterprises, has extended its worldwide financial markets network infrastructure to now include connectivity to the Philippine Stock Exchange (PSE).
IPC has expanded its Pan-Asian Network to now include connectivity to PSE, which is the next step in IPC's sustained program of network enhancement and connectivity investments across the Asia Pacific region. This positions IPC's Electronic Connectivity Services (ECS) as an ideal network infrastructure platform for traders who require a secure, rapid solution for their Asia Pacific trading activities. Connecting to PSE will provide IPC's 4,000 on-net market participants access to this fast growing market.
By offering connectivity to PSE, foreign market players may also benefit from the current 28 percent growth year to date of foreign trading activity in the Philippine stock market by receiving up-to-date PSE market data.
"The Asia Pacific region continues to show strong growth, and we're seeing increasing levels of demand for connectivity to emerging Asian markets such as the Philippines from our community of on-net market participants," said Mark Curran, vice president, Network Services Asia Pacific, IPC Systems. "With our ECS solution, we can provide our trading customers with a reliable connection to PSE and offer a secure communications platform for intra-region trading across other key Asian markets."
IPC's global financial network connects the world's major financial centers and is exclusively focused on providing market participants with the secure connectivity they require to support the trade lifecycle. Specifically engineered for electronic trading applications, the IPC portfolio of ECS solutions allows organizations to benefit from dedicated bandwidth and scalable and flexible connectivity capabilities to support their evolving electronic trading requirements.
About The Philippine Stock Exchange, Inc.
The Philippine Stock Exchange, Inc. (PSE) was created by the integration of two separate bourses: the Manila Stock Exchange (MSE) and the Makati Stock Exchange (MkSE) in 1992. The Philippine Stock Exchange's clear vision is to become a premier Asia Pacific exchange, delivering world-class standards for trading securities and raising capital, and serving as a strong engine for a robust Philippines economy. To find out more about the Philippine Stock Exchange, please visit http://www.pse.com.ph/
About IPC
IPC is a leading provider of financial trading communications solutions to the world's top financial services firms and global enterprises. With nearly 40 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 77 countries. Based in Jersey City, N.J., IPC has more than 900 employees throughout the Americas, Europe and Asia-Pacific regions. For more information, visit www.ipc.com
Avani Modi |
Matt Pennacchio |
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IPC Systems, Inc. |
Ruder Finn for IPC |
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+1 201-253-2083 |
+1 212-715-1613 |
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Beth Lacson |
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The Philippine Stock Exchange |
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Tel: + 63 2 688 7600 |
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SOURCE IPC Systems
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