NP RTS Group Joins IPC Ecosystem, Connecting 6,000 Capital Market Firms to Russian Markets

Blog entry

By Uri Inspector, Staff Reporter

Moscow-based market operator NP RTS Group has joined IPC Systems’ global financial community, opening up access to key Russian equities exchanges, OTC markets, banks and clearing houses.

The link with NP RTS gives the IPC Connexus extranet’s 6,000 institutional investor, asset manager, hedge fund and broker-dealer customers access to the RTS Board OTC marketplace, the Voshkhod investment system, the St. Petersburg Stock Exchange and FX Belarus Exchange, among others.

Access to Best Efforts Bank (BEB), one of the largest clearing banks in Russia, meanwhile, allows clients to trade on all Russian exchanges from a single account, across all asset types. IPC will also provide connectivity to RTS Market Data (offering St. Petersburg Exchange pricing, and US Equities Level 1 and 2 data, via both unicast and multicast).

IPC's Connexus Cloud is a Network-as-a-Service for data, voice and enterprise connectivity that powers its ecosystem, connects sell-side and buy-side firms, inter-dealer brokers, liquidity venues, energy firms, trade lifecycle services, market data and clearing/settlement firms globally.

According to Denis Avetisyan, Executive Director, Information Services and Connectivity for NP RTS, the arrangement will provide IPC members with “connectivity to any market participant in Russia and the ability to trade on all Russian exchanges,” adding that “becoming part of the IPC ecosystem is a vital step in expanding our global presence.”