The global investment banking group is plugging into IPC's Connexus extranet as well as the communications provider's Direct Connect data service.
With the move, Jefferies will gain new access to buy sides and trading and execution facilities also using the twin services─including Javelin, which recently joined Connexus ahead of new swaps execution─as well as expanded inter-office connectivity that will reduce administrative costs.
"With offices in over 30 cities around the world, we needed fast, flexible service to reach our clients and our providers. IPC's Connexus and Direct Connect provide us with professionally managed connectivity that enables us to reach customers, liquidity venues or anyone else we need to reach when and where we need to reach them," says Sean Milligan, Jefferies' senior vice president of technology.
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