Perseus Leads Wireless Trading

London - 4 March 2014

London microwave access at data centres LD4, LHC, LSE & Basildon strengthens global connectivity provider’s foot print for the most markets on one proprietary network.

Perseus Telecom, a leading provider of high-speed global connectivity, High Precision Time™ and Market-to-Market networks announced today four wireless routes in London are now available for trading with Perseus. The firm exclusively owns three out of the four, (LD4-LHC, LSE-Basildon, LD4-Basildon) routes, offers LSE to LD4 and just closed an acquisition of wireless and market data across the pond for CME Group and the Intercontinental Exchange (ICE) in Chicago. Demands for the fastest trading are ongoing and 2014 holds not only the need to deliver high-speed connectivity but redundancy (duplicative safety net) lines for risk prevention. Perseus utilises its ultra-low latency fibre as a back up to all microwave access contracted customers. The company has also deployed globally its award winning High Precision Time™ solution for compliance and risk control for verification and synchronization.

“We work hard to anticipate and deliver next generation technologies to participants in financial markets, multi-media, e-commerce and gaming,” says Dr Jock Percy, Chief Executive of Perseus. “Perseus has some of the world’s leading market makers as customers who dictate the industry norm for technology and risk control which is constantly evolving. Delivering seamless wireless trading solutions is in direct response to this norm expectation.”

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