GFI Group Deploys IPC's IQ/MAX to Fuel Growth in South America

GFI Group has implemented IPC’s IQ/MAX trading solution to help with the brokerage firm’s South American footprint. IPC will provide specialized trading communication applications for GFI’s brokers in Santiago, Chile.

“After evaluating other competing solutions and experiencing the difference with IQ/MAX, we’re confident in our decision to partner with IPC,” stated Nick Brown, managing director, GFI Group, in the release.. “IPC’s rapid deployment and seamless integration have allowed us to grow our presence, streamlines our communication infrastructure, and connect to trading counterparties across the region,” stated Brown.

Known for its ability to provide maximum resiliency and reliability, the IQ/MAX turret supports redundant network connections to help increase productivity and provide a high level of trading support. The system also allows traders to prioritize information in order of importance to enhance speed of transactions.

IPC’s IQ MAX offers GFI a host of features, including 24 speakers for simultaneous phone calls, and a bright, high-resolution matrix, which allows users to prioritize and filter information. In addition to improving efficiency, its compact design helps conserve valuable desktop space. “One of IPC’s cores strengths is our ability to meet our customers’ specific trading floor needs,” stated Michael Speranza, IPC’s SVP, global product management. “GFI was faced with using speakers in small, enclosed area with acoustic challenges, but IPC was able to create a dynamic floor to help maximize sound clarity and optimize GFI’s trading experience,” he added.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio