It’s About Time: MiFID II Scrutinizes Firms’ Clocks, Time-Synch Tools

In a multi-timezone, pan-European marketplace, the accuracy of timing sources and timestamps will be an important factor in maintaining orderly, transparent markets. MiFID II’s requirements for standardized, industry-wide time synchronization are intended to protect investors by ensuring a standard of precision that matches the precision of high-speed trading practices. And as an unintended consequence, the[…]

Finance Magnates: Perseus Rolls Out New Portal to Enhance Client Self-Service and Automation

The new portal allows clients to manage their global network from their desktops and access real-time data and analytics. Perseus, a provider of global managed services and high-speed connectivity, has announced the availability of its new self-service portal, My.Perseus. The platform will be available to all Perseus clients and will enable a streamlined and fully[…]

Perseus Debuts Self-Service Performance, Procurement Portal

The portal will enable clients to do online anything they can do via a salesperson, and to obtain more detailed usage and performance metrics. Network and time-synchronization services provider Perseus has created a new self-service client portal that allows customers to view detailed statistics about their usage of the vendor’s services, and the performance of[…]

Industry Seeks Alternative Access to Brazil As CME, BM&F End Data, Order-Routing

Connectivity providers vie to capitalize on demand for access to the Brazilian market after exchanges end historic data-sharing and order-routing arrangement. CME Group has ceased providing access to market data from—and order routing to—Brazilian exchange BM&F Bovespa, effective end of day Friday, Oct. 28, ending a process by which US firms were able to access[…]

Perseus Expands EMEA Sales Team

The vendor has hired two telecoms sales veterans to bolster its European sales presence. Microwave and fiber network provider Perseus has hired two senior sales executives in London to grow the vendor’s sales in the EMEA region. Perseus hired Charles Damerell as sales director for EMEA, and Andy Charalambous as senior vice president of sales[…]