About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Perseus Shaves Milliseconds to Sao Paulo

Subscribe to our newsletter

Just 106 milliseconds roundtrip, is the published latency for Perseus Telecom’s new low-latency connection between Nasdaq’s Carteret, NJ data centre and the Sao Paulo-based Brazilian securities, commodities and futures marketplace, awkwardly named BM&FBOVESPA.  Perseus is leveraging GlobeNet’s submarine cable to go south.

That’s the fastest we know of.  Orange Business Services Trading Solutions (yeah, another awkward name) has been touting a NYC to Sao Paulo link of 115 milliseconds roundtrip.

Atrium Network – now a unit of Canada’s TMX exchange group – also offers connectivity to Sao Paulo, as does CFN Services (into local broker Link Investimentos).  But the latency of their routes isn’t known at this time.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Post-Trade Transformation: Automating Clearing & Settlement

Date: 1 December 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes The UK, EU and Swiss markets move to T+1 settlement on 11 October 2027, but the first binding compression arrives almost a year earlier. ESMA’s amended settlement discipline RTS expects allocation and confirmation completed by 23:00 CET on trade...

BLOG

Fanatics Buys BGC’s Exchange and Clearinghouse to Bring Prediction Markets In-House

Global sports platform Fanatics has agreed to acquire Water Street Labs, a CFTC-registered Designated Contract Market (DCM), and CX Clearinghouse, a registered Derivatives Clearing Organization (DCO), from BGC Group. The acquisition gives Fanatics direct ownership of the exchange and clearing infrastructure that will enable it to expand its prediction markets business. Alongside the transaction, the...

EVENT

RegTech Summit New York

Now in its 10th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Institutional Digital Assets Handbook 2024

Despite the setback of the FTX collapse, institutional interest in digital assets has grown markedly in the past 12 months, with firms of all sizes now acknowledging participation in some form. While as recently as a year ago, institutional trading firms were taking a cautious stance toward their use, the acceptance of tokenisation, stablecoins, and...