Bolsa de Valores de Colombia now available in IPC's Global Financial Marketplace
Enables Institutional Investors to Securely Access one of Latin America's Largest Economies
JERSEY CITY, New Jersey and BOGOTÁ, Colombia, March 2, 2016 /PRNewswire/ -- IPC Systems, Inc., a leading global provider of specialized communications and managed network-as-a-service solutions for the financial trading community, today announced it continues to expand its financial marketplace in Latin America with the addition of Bolsa de Valores de Colombia (BVC) to the IPC Financial Markets Network (FMN) through a leading market data provider. IPC's FMN now provides capital market participants around the world with a secure, reliable connectivity they can rely on to access Colombia's financial markets while meeting their local regulatory requirements in doing so. The announcement is part of IPC's continued global network expansion and now provides domestic and foreign investors the ability to trade equities, fixed income, foreign exchange, energy, listed derivatives and OTC derivatives as well as access market data in the Colombian market.
BVC manages variable income, fixed income and standardized derivatives trading platforms while operating currency and energy derivative markets and price provision services via its subsidiaries. BVC has an active global presence as a member of the main equity industry forums, including the World Federation of Exchanges (WFE) and the Federación Iberoamericana de Bolsas (FIAB), of which it currently holds the presidency. In addition, BVC forms part of the Mercado Integrado Latinoamericano (MILA), together with the Bolsa de Comercio de Santiago (BCS), the Bolsa de Valores de Lima (BVL), the Bolsa Mexicana de Valores (BMV) and the central securities deposits of Colombia, Chile, Peru and Mexico.
"There has been a dramatic increase in the interest among global institutional investors to access Colombia's capital markets as a result of the country's steady growth, business-friendly environment, and abundant natural resources," said David Brown, Senior Vice President and Managing Director, Financial Markets Network, IPC. "We are excited to welcome BVC, one of Latin America's leading exchanges, to our financial marketplace."
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 centers and allows access to more than 6,000 market participant locations in over 700 cities in nearly 60 countries.
About the BVC
The Colombian Securities Exchange (BVC:CB) is Colombia's primary trading platform. It is a private company listed on the public securities market. The BVC is a multi-product, multi-market exchange offering a trading platform for the equity, fixed income and standardized derivatives markets. Likewise, the BVC provides issuer list and market information services. Also, through its subsidiaries, the BVC trades and provides services on the Foreign Exchange Markets (Set Icap FX S.A.); fixed income and OTC derivatives (Set Icap Securities); Energy Derivatives Market (Derivex S.A.); Innovative Technology Services (Sophos Banking Solutions); and it offers services of price assessment (Infovalmer PPV S.A.). Additionally, the BVC is involved in the whole securities industry value chain through holdings in the Central Securities Depository (Deceval), the Central Counterparty Risk Clearing House (CRCC) and in the FX Clearing House (CCDC). For more information, visit www.bvc.com.co.
About IPC
IPC Systems, Inc. is the technology and service provider of choice powering the global financial markets. With a 40-year, award-winning history, IPC's focus on innovation, service excellence and partnership with customers has delivered valuable solutions that set the standard for a productive, secure and compliant financial community. IPC accelerates a customer's ability to be agile and adapt to dynamic industry requirements for counterparty and liquidity access, advanced networking capability, regulatory adherence and global compliance mandates. Headquartered in Jersey City, New Jersey, IPC connects a global financial services community of more than 6,000 market participants across 700 cities worldwide. For more information, visit www.ipc.com.
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.
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