IPC's Connexus Financial Extranet Offers Connectivity to BATS Global Markets

JERSEY CITY, N.J., June 18, 2012 /PRNewswire/ -- IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world's top financial services firms and global enterprises, today announced that it now offers connectivity to BATS Global Markets' U.S. equities and options markets. Connexus provides connectivity in support of all aspects of the trade lifecycle and creates a trading ecosystem that brings together buy-side firms, sell-side firms, inter-dealer brokers, liquidity venues, independent software vendors, market data providers and clearing and settlement firms.

BATS operates two stock exchanges in the U.S., BATS BZX Exchange and BYX Exchange; BATS Options, a U.S. equity options market; and BATS Chi-X Europe, the largest pan-European equities market operator by market share and notional value. Each of these markets is powered by BATS' innovative and proprietary technology, upon which customers rely to execute trading activities in today's fast-paced capital markets.

"Partnering with industry providers like IPC to provide an open connectivity model to our platform allows us to offer our members maximum flexibility in accessing our exchanges," said Chris Isaacson, chief operating officer, BATS Global Markets. "We aim to provide our members with connectivity choice and are pleased to include IPC as one of our partners."

"IPC is exclusively focused on the capital markets and is committed to providing industry leading, value-added communications solutions for the trading community," said Joe Pickel, vice president, Network Services Product Management, IPC. "Both the equity and options trading environment are extremely demanding and a financial extranet service that offers global reach and superior customer service brings a significant competitive advantage for traders."

Connexus is part of the IPC Financial Markets Network service portfolio which also includes private extranet and Direct Connect 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 4,000 market participant locations in over 700 cities in nearly 60 countries. Built on an IP/MPLS backbone, the highly scalable and secure Connexus supports a number of industry standard and trading protocols.

About BATS Global Markets
BATS Global Markets, Inc. (BATS) is a leading operator of securities markets in the U.S. and Europe. BATS develops and operates electronic markets for the trading of listed cash equity securities in the U.S. and Europe and listed equity options in the U.S. BATS operates two stock exchanges in the U.S., the BATS BZX Exchange and BYX Exchange; BATS Options, a U.S. equity options market; and BATS Chi-X Europe, which operates an FSA-authorized multilateral trading facility. BATS' innovative and proprietary technology was developed by a dedicated core team of market and technology professionals, catering to the needs of the broker-dealer and trading community. The company is headquartered in the Kansas City, Mo., area with additional offices in New York and London. For more information, visit www.batsglobalmarkets.com.

About IPC
IPC offers high- and low-touch trading communications solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With a 100-percent focus on this sector and nearly 40 years of expertise providing trading solutions and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity.  IPC's offerings include the first unified communications/application platform, award-winning hard and soft turrets, electronic connectivity services including enhanced voice services, business continuity solutions, and follow-the-sun service and support. IPC's global reach extends to nearly 60 countries – including a financial extranet of 4,000 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions. For more information, visit www.ipc.com.

SOURCE IPC Systems

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