Clearpool Group, a service provider of electronic trading software solutions and independent agency broker dealer execution services, has joined the IPC Financial Markets Network.
IPC's community of financial market participants around the world can now access Clearpool's Algorithmic Management System and Clearpool's Execution Management System.
Several institutional investors, asset managers and commercial banks are currently using IPC's advanced connectivity, communications and collaboration solutions to access Clearpool's services.
"Our innovative trading technologies provide transparency and control to market participants in today's rapidly evolving market microstructure," says Ray Ross (pictured), chief technology officer, Clearpool Group. "We are delighted to join IPC's financial ecosystem and expand the global base of broker-dealers that can access our services."
"Given the accelerated pace of evolution of the global equity markets in the recent past, market participants are increasingly demanding cutting-edge solutions for pre- and post-trade transparency, sourcing liquidity, executing trades, managing risk and achieving compliance," says David Brown, senior vice president and managing director, financial markets network, IPC. "We are excited to provide the sizeable and diverse community of trading firms in the IPC Financial Markets Network with reliable, latency-sensitive and secure connectivity to Clearpool's solutions and services."
The IPC Financial Markets Network service portfolio includes the Connexus Financial Extranet, Direct Connect and MPLS WAN data services, as well as Trader and Enhanced Voice connectivity 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.