Tue, 25 Mar 2014 03:36:59 GMT – Perseus Telecom

Global network and technologies provider continues to expand.

 Amsterdam, London and New York, 25 March, 2014 – Perseus Telecom, a leading provider of high-speed global connectivity, High Precision Time™ and Market-to-Market networks announced today they have expanded the firm’s wireless offerings beyond Chicago and London Metro to across the Atlantic from New York direct to Frankfurt, Germany. The ultra-low latency, market leading service is accessible from NY4 to Frankfurt FR2 data centres with the performance on the link at 67.68ms RTD today, reducing to 67.39ms RTD in July 2014 with further reductions thereafter. The fastest fiber connection NYC to FR2, also offered by Perseus, is 73.5ms making the new wireless hybrid route over 5ms faster. The advantages of this direct route are speed and the avoidance of having to stitch together multiple disparate networks to build a solution NYC-FRA at a higher cost and with less performance. Perseus customers benefits from evergreen improvements.

Perseus is no stranger to trans-Atlantic offerings and has won multiple awards for QuanTA,™ their ultra-low-latency trans-Atlantic fibre network connecting financial centers in New York City, New Jersey, London and Frankfurt. Two weeks ago, the company announced the acquisition of TLV Networks in Chicago thereby owning and operating wireless access, including market data, between CME Group and the Intercontinental Exchange. Most recently, Perseus announced four major London Metro wireless routes, being the only service provider to all four London liquidity centers. Also noteworthy is their market leading route from NYSE Basildon to Eurex/Deutsche Bourse Frankfurt at 4.4ms today with further improvements due in July 2014.

“The addition of the first trans-Atlantic wireless offering from New York to Frankfurt enhances the overall Perseus offering of efficient, time critical systems based on customer needs in the financial markets, multi-media, e-commerce and gaming spaces,” says Jock Percy, Chief Executive of Perseus. “This trans-Atlantic wireless service will only get faster with performance improvements planned over the coming months.”

“Equinix is committed to helping businesses connect to one another in our 100 data centers globally and network connectivity is a key piece of making that possible. We regularly hear from financial services companies that they are looking for low-latency options between global financial hubs — the connectivity provided by Perseus between the Frankfurt and Equinix’s Secaucus campus will undoubtedly increase network access and performance for customers in those markets.” — Stewart Orrell, Managing Director, Global Capital Markets, Equinix.

About Perseus 

Perseus is a private global high precision network provider for financial trading, gaming, e-commerce and multi- media. Customers include top tier market makers, banks, exchanges and Fortune500 companies. Perseus is the parent company to Marco Polo New World Securities connecting 170 brokers in 80 markets with 38 liquidity centres worldwide. Perseus and Marco Polo New World are headquartered in New York with offices in Chicago, Dublin, London, Miami, São Paulo and San Francisco. Both companies operate globally including emerging markets.

Perseus provides many of the world’s fastest market-to-market routes (all asset class including Bitcoin) between Chicago, New York, London, Frankfurt, São Paulo, Mexico City, Tokyo, Singapore, Johannesburg. The company has earned accolades for the fastest trans-Atlantic route between New York and London (QuanTA™), the lowest latency route between Brazil and USA (LiquidPath®) and High Precision Time™. Perseus accepts Bitcoin for payment of services with GoCoin.