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.