Leading markets operator chooses LiquidPath® from Perseus
London/ New York/ Sao Paulo -9 April, 2014 - Perseus Telecom, a leading provider of high-speed global connectivity, High Precision Time™ and Market-to-Market networks, announced today ICAP is a global customer accessing the award-winning LiquidPath® network in Brazil and Latin America.
Perseus LiquidPath® is a unique offering stemming from the acquisition of local Sao Paolo firm, E-Trade labs in 2012. LiquidPath® covers award-winning connectivity, hosting, consulting, high precision time and real-time monitoring with Precision View, the Perseus GUI accessible from anywhere in the world. Perseus LiquidPath® formally landed on the map with the honour of winning the Global Telecoms Business award for Best Innovation in 2012 and 2013, related directly to building the fastest connectivity from London to BM&F BOVESPA, Brazil.
“Perseus LiquidPath® is a fast and cost-effective solution for the deployment of trading infrastructure into foreign markets so highly demanded by ICAP customers,” says Brian Lee, Managing Director of ICAP US. “ICAP’s global exchange traded network continues to grow and we look forward to developing this relationship with Perseus into other technology areas in the future.”
ICAP has an established presence in Latin America where it is run by a dynamic team of professionals, offering large, natural flow on all desks as well as multilingual customer support. In Brazil, ICAP is a premier independent broker offering brokering services across a broad range of OTC and exchange traded products.
Perseus LiquidPath® offers high-performance trading services ideal for staging Market Data, Order Management (OMS) as well as Algorithmic and High-Frequency-Trading equipment. In addition to consulting on all LATAM trading, LiquidPath® covers Direct Market Access (DMA) to exchange traded products including all asset classes for algorithmic and high frequency strategic deployments.
“Perseus is pleased to have ICAP as a loyal customer in Brazil and LATAM where capital markets require ultra-fast, reliable connections to mitigate risk and to provide worldwide reach,” says Dr Jock Percy, Chief Executive of Perseus. “LiquidPath® is our Liquidity Infrastructure for local and global buy-side, sell-side and service vendors looking to access the Brazilian trading marketplace. We are the local feet on the street needed for reliable execution.”
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.
More Information: http://perseustelecom.com/contact/
Karen Bertoli, Chief Marketing Officer, Karen@perseustelecom.com
Caitlin Farrell, Marketing Department, Caitlin@perseustelecom.com
ICAP is a leading markets operator and provider of post trade risk mitigation and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through our post trade risk and information services we help our customers manage and mitigate risks in their portfolios. For more information, please go to www.icap.com.
Serra Balls, Acting Head of ICAP Communications, firstname.lastname@example.org +44 (0) 20 7050 7103
Guy Taylor, ICAP Americas Communications, email@example.com +1 212 341 9759