LMAX Exchange, a multilateral trading facility (MTF) for FX, has joined the IPC FX Hub in the Equinix NY4 data centre.
The IPC FX Hub supports the global foreign exchange markets through data centes in key markets such as London, New York, Tokyo, Singapore, Frankfurt, Moscow, Zurich, Chicago and Hong Kong – all with connectivity to IPC's community of financial market participants and low latency access via IPC's dark fibre rings to key FX liquidity providers and dealers.
Ralf Duken, head of networks and security of LMAX Exchange, says: "LMAX Exchange aims to provide its clients with a range of flexible connectivity options. We look forward to working with the IPC FX Hub community in our newly launched New York-based matching engine and continue to provide reliable and consistent, ultra-low latency execution to all our clients."
"In today's rapidly evolving FX landscape, broker-dealers and non-dealer financial institutions require reliable, latency-sensitive and secure connectivity to liquidity venues for transparent price discovery and dependable trade execution," says David Brown (pictured), senior vice president and managing director, Financial Markets Network, IPC. "We are delighted to collaborate with LMAX Exchange and empower market participants to generate alpha, mitigate risk, arbitrage and source liquidity in the global currency markets through our FX Hub solution."
The IPC Financial Markets Network portfolio includes data connectivity solutions consisting of the Connexus Extranet, Connexus Ethernet and Connexus WAN as well as voice solutions consisting of Connexus Voice and Trader Voice services.
IPC's Financial Markets Network interconnects global financial centres and allows access to more than 6,000 market participant locations across 700 cities in more than 60 countries.
