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Industry news

IPC network REDI for trade management


07 July 2016 New Jersey
Reporter: Stephanie Palmer

Generic business image for news article
Image: Shutterstock
IPC Systems has added REDI Global Technologies to its cloud-based Financial Markets Network.

The REDI trade management platform supports the full trade lifecycle, and will now be available for members of the IPC network to access reliably and securely.

The IPC network includes the data services, trading services and enhanced voice connectivity, and connects more than 6,000 market participants in 60 countries.

Michael Sirchia, head of infrastructure at REDI, said: “In today’s environment investors and brokers require efficient and dependable access to their trading platforms.”

He added: “We are pleased to partner with IPC to expand the reach of our industry-leading trade management platform, which allows clients to trade any exchange-traded instrument in virtually any market, with any counterparty, globally.”

David Brown, senior vice president and managing director for the IPC Financial Markets Network, said: “Institutional investors, asset managers, hedge funds and brokers continue to demand secure and compliant connectivity solutions to access counterparties, trade lifecycle services and market data.”

“We are delighted to collaborate with REDI to provide cutting-edge solutions to our diverse community of market participants and empower them to generate alpha, source liquidity and mitigate risk.”
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