IPC Speeds Up New York-Chicago Link

Trading communication platform provider IPC Systems has opened a new high-speed trading connection between the Chicago and New York markets, vendor officials announced.

IPC has been operating the new connection between its point-of-presence (PoP) at 350 East Cermak in Chicago and 165 Halsey Street in Newark, NJ, for about three months, according to Dave Brown, senior vice president of global network operations at IPC. The provider expects more clients to come on board the new connection. "We are

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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