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 Exchange Group’s co-location facility in Tokyo. Officials say this will create the fastest link between the two market centers for carrying market data and trade messages.

Once completed in February 2017, the improvements are expected to deliver roundtrip latency of 119.68 milliseconds, compared to latency of 121.45 milliseconds over Perseus’ existing route between Chicago and Tokyo. The vendor is calling the upgraded route Pacific Express, and by extension will offer lower latency connectivity to other Asia-Pacific market centers, such as Singapore, Hong Kong, Shanghai,…

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