Perseus to Address Trading and Microwave Technology at HIFREQ TRADE 2013

London - 26 February 2013

Perseus CEO Dr. Jock Percy to explain impact of microwave technology on alpha generation in high frequency trading (HFT)

Perseus Telecom, a leading provider of ultra-low latency, high capacity global networks, today announced that Perseus CEO Dr. Jock Percy will be speaking at HIFREQ TRADE 2013 in London on the topic of microwave technology and trading. The discussion comes on the heels of yesterday’s announcement of the Perseus live wireless service in Europe.

Taking place in London, HIFREQ TRADE 2013 brings together high frequency traders, brokers, technology experts, regulators and consultants to discuss advancements in HFT. Percy will be speaking on a panel titled “Re-building ultra-low latency trading infrastructure with Microwave Technology.” During the session, Percy will address how microwave technology can be used to generate alpha for HFT firms. He will also challenge commonly held misconceptions regarding the use of microwave technologies in financial markets.

Perseus Telecom also recently announced its live wireless service in Europe, with a sub 4.6ms RTD microwave service between the two major European markets of London and Frankfurt. The Perseus wireless service is completely proprietary and managed by Perseus Telecom and its partners.

“Microwave technology is one of the newer advancements in high frequency trading technology and we look forward to discussing the impact of such technology on the HFT community,” comments Percy. “In an environment where both speed and reliability are of the essence, we believe that microwave technology can enable leading HFT firms to gain a competitive advantage. We look forward to discussing this topic at the HIFREQ TRADE conference.”

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