IPC and TransFICC Announce Collaboration on Fixed Income and Derivatives Connectivity
“Electronification, regulatory impact on bank balance sheets, liquidity shifts to the buy-side, and fragmentation of trading venues and protocols continue to affect the global fixed income and derivatives markets,” said Tim Carmody, Vice President, Global Product Management and Engineering, Financial Markets Network, IPC, “As a result, secure and reliable connectivity is crucial to sourcing liquidity, linking market participants and enabling all-to-all trading for fixed income market participants.”
Carmody continued “We are excited to work with TransFICC to enable market participants in the IPC Fixed Income Marketplace to connect to their counterparties and source liquidity. This includes access to our vast community as well as secure, reliable connections to other private and public clouds such as the Equinix Cloud Exchange and Amazon Web Services.”
"TransFICC offers flexible and scalable technology required to address the issues of fragmentation, high throughput market data and MiFID II reporting in the fixed income market," said Steve Toland, Founder of TransFICC. "By collaborating with IPC we offer clients access to the TransFICC platform through IPC’s secure Fixed Income Marketplace, easing the process of connecting to new liquidity venues.”
To see the Press Release visit http://www.ipc.com/news-room/ipc-and-transficc-ann...
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