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IPC Expands Connexus Cloud Bitcoin and Cryptocurrency Market Data Offerings to include CME CF Cryptocurrency Pricing ProductsNEW YORK, Oct. 11, 2018 /PRNewswire/ -- IPC, a leading global provider of secure, compliant communications and networking solutions for global financial market participants, will distribute CME CF Bitcoin Reference Rate and Real-Time Index, and the CME CF Ether-Dollar Reference Rate and Real-Time Index from CME Group, the world's leading and most diverse derivatives marketplace. This will be done via IPC's Connexus Cloud, a high-performance financial markets cloud solution for data, voice, and enterprise communications and compliance. "The cryptocurrency market is robust and growing. It represents approximately 10 percent of the $5 trillion traded globally in FX every day," said Mike Smith, Director Global Exchange Relations Management at IPC. "Given continued investor interest in this fast-developing sector, we are making even more real-time data and information available to financial market participants to help inform their cryptocurrency strategies." IPC is offering Connexus Cloud users an opportunity to access these cryptocurrency pricing products, which are based on dynamic methodology, have an established oversight committee, and meet industry best practices for financial benchmarks. Each is designed to accelerate the professionalization of bitcoin and ether trading by providing pricing data from leading cryptocurrency spot exchanges. IPC's Connexus Cloud is a high-performance financial markets cloud solution for data, voice and enterprise communications and compliance. Connexus Cloud helps firms trade faster, scale rapidly, achieve greater agility, productivity and efficiency, resulting in a significant competitive advantage. The dynamic Connexus Cloud integrates sell-side and buy-side firms, inter-dealer brokers, liquidity venues, energy firms, trade lifecycle services, market data and clearing/settlement firms, connecting more than 6,600 capital market participants across 750 cities in 60 countries across the globe. It provides connectivity to liquidity venues in countries comprising over 80 percent of the global GDP, including access to emerging and frontier markets such as China, Russia, Turkey, South Korea, Taiwan, Vietnam and the United Arab Emirates. About IPC Certain statements contained in this press release may be forward-looking statements. These statements may be identified by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "should" or "will" or similar terminology. Any forward-looking statements are based on current expectations, assumptions, estimates and projections. Such forward looking statements involve known and unknown risks and uncertainties, many of which are beyond our control. Actual results may differ materially from any future results expressed or implied by these forward-looking statements.
View original content to download multimedia:http://www.prnewswire.com/news-releases/ipc-expands-connexus-cloud-bitcoin-and-cryptocurrency-market-data-offerings-to-include-cme-cf-cryptocurrency-pricing-products-300729377.html SOURCE IPC Systems, Inc. |