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[…]

Institutional Investor: The 2016 Tech 50

Perseus Allows Global Markets to Communicate Faster and More Securely CEO Jock Percy created Perseus, a global infrastructure for financial trading, to offer Wall Street a tool for fast, secure and private connectivity. Born out of the electronification of global markets, Perseus offers speed to market and agility for high performance applications. Watch the video[…]

Perseus Optimizes Network to Offer Fastest Routes Between Chicago and Tokyo

Once the project is complete, Perseus will offer a round trip latency below 120 ms between Chicago and Tokyo. Perseus, a provider of global managed services and high-speed connectivity, is preparing to offer the most direct network path between key financial data centres in Chicago and Tokyo, the company announced today. Ideal for Chicago-based traders[…]

Perseus Preps ‘Fastest’ CME-Tokyo Network

The vendor says exclusive improvements will yield significant latency advantages for firms trading Japanese markets. Low-latency fiber and microwave network provider Perseus is preparing to make improvements to its networks in the US and Japan that will produce significant latency reductions on its network route between CME Group’s datacenter in Aurora, Illinois and the Japan[…]

Perseus Announces ‘Pacific Express’

Perseus Announces World’s Fastest Route Between Chicago and Tokyo Perseus will deliver round trip latency below 120ms on its ‘Pacific Express’ Route NEW YORK, NY September 26, 2016 — Perseus, a proven leading provider of global managed services and high-precision, high-speed connectivity, today announces improvements to its network route between Chicago and Tokyo. Once the[…]

The 2016 Tech 50: Jock Percy

A $20.5 million Goldman Sachs Group investment last year brought more than monetary value to New York-based Perseus: The stake enhanced the Wall Street cred of a fast-growing, then six-year-old venture selling high-performance communication and connectivity services to the most-demanding traders, exchanges and other financial market participants. And with the capital Perseus accelerated expansion of[…]

Perseus Eyes More Client Wins for ‘Spend Mobility’ Service Amid Markets Uncertainty

Uncertainty in regional markets is driving interest in the new spend mobility service, which allows clients to quickly change connectivity needs to enter or exit markets. Network and time-synchronization technology vendor Perseus has signed up 23 clients to its new Global Spend Mobility Program (GSM), a flexible connectivity offering that allows customers to enter and[…]