Perseus Wins Award for Financial Network Innovation

Perseus Telecom, global provider of enterprise and financial telecommunications, announced today the Global Telecoms Business 2012 Innovation Award for Financial Network Innovation has been presented to Perseus Telecom and partner GlobeNet. 

The accolade recognises the fastest available trading connection to Brazil’s BM&FBOVESPA Exchange from New York’s NASDAQ, which Perseus also routes to major global exchanges such as the CME, NYSE, BATS, LSE, Deutsche Börse and Eurex. Trading firms looking to leverage liquidity, arbitrage and hedging opportunities are able to connect simply to Brazil whilst solving the industry conundrum of multiple hop delays and capitalising on time sensitive geared algorithms. 

“Providing the express route to Brazil has broadened the horizons of opportunities for trading firms looking to increase exposure to Latin America,” said  Dr. Jock Percy, chief executive of Perseus Telecom. “We are, and will continue to be, extremely sensitive to the needs of the ultra-low latency trading community.”

“We choose Perseus Telecom for a long term partnership for seamless and fast connectivity coming in and out of Brazil for us and our customers,” says Amanda Altobello, head of the electronic trading desk at Alpes. “Alpes and Perseus Telecom join forces to bring innovation and flexibility, while opening up trading in Latin America to the world; we are happy to be a part of this important award!”


About Tom Groenfeldt

I write - mostly about finance and technology, sometimes about art, occasionally about politics and the intersection of politics and economics. My work appears on and and occasionally in The American Banker and Banking Technology in London.
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