The Gateway to Algorithmic and Automated Trading

BOX joins IPC network

First Published 2nd December 2015

BOX Options Exchange joins IPC's equity options marketplace

David Brown, IPC Systems

David Brown, IPC Systems

"It is our singular focus to provide our institutional investor community with efficient, liquid markets where they can successfully hedge investment risk and unearth profitable opportunities."

IPC Systems the provider of specialised communications and managed network-as-a-service solutions, has added BOX Options Exchange to the IPC Financial Markets Network. BOX is an all-electronic equity options market designed to empower participants by providing an efficient marketplace and cutting-edge technology.

"Investors in equity options are demanding more choices when searching for liquidity, executing trades and managing risks," said Patrick Zielinski, senior vice president, market operations and technology, BOX. "We are thrilled to partner with IPC to expand our investor base of traditional asset managers and alternative investment managers executing equity option trades and hedges."

"It is our singular focus to provide our institutional investor community with efficient, liquid markets where they can successfully hedge investment risk and unearth profitable opportunities," said David Brown, senior vice president and managing director, financial markets network, IPC. "Access to a large and diverse ecosystem of equity options market makers and liquidity venues is crucial to the effective execution of trading and risk management strategies of investors. We are excited to welcome BOX to our equity options trading ecosystem."

The IPC Financial Markets Network service portfolio includes the Connexus Financial Extranet and Direct Connect data services, as well as Trader and Enhanced Voice connectivity services. IPC's Financial Markets Network interconnects global financial centres and allows access to approximately 5,000 market participant locations in over 700 cities in nearly 60 countries.