NEW YORK, March 30, 2023 – IPC Systems, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for the global financial markets, has partnered with Dream Exchange, the first majority black-owned stock exchange, in formation. Dream Exchange is in the process of obtaining approval to open a National Market System stock exchange and will also open a new type of stock exchange called a Venture exchange which will list and tradeearly-stage small and medium-sized company stock.
The partnership combines IPC’s Connexus® Market Data solution and expertise with Multicast Market Data and Multicast Market Data into the Cloud, assisting the Dream Exchange in its promise to deliver fast and efficient execution, fair pricing, membership and market data. By combining IPC’s connectivity and cloud solutions, Dream Exchange will be able to access key market data sets through a network designed and optimized for participants in the capital markets.
“IPC is privileged and excited to be part of Dream Exchange’s vision and mission to increase participation in capital markets across all sectors of society. Our ability to provide access to Multicast Market Data through our ultra-low latency connectivity is important in facilitating extended access for a purpose-driven and inclusive financial ecosystem” – Mike Smith, Director of Network Services at IPC Systems.
“Dream Exchange is on an accelerated roadmap to opening. A key part of this has been establishing the connectivity we needed quickly, economically and robustly. Using Connexus® Cloud and working with the staff at IPC has greatly assisted us in getting this done” – Bruce Trask, Chief Technology Officer at Dream Exchange.
Connexus Market Data, powered by the award-winning Connexus® Cloud, is accessed via a single connection. Members of the ecosystem can link to one another and seamlessly communicate, transact, receive and distribute information. Connexus Market Data customers benefit from reduced cost of access, simplified management and advanced technical expertise from IPCs Market Data experts.