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

Recorded Webinar: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining infrastructure can take months and absorb significant budget before a single model is tested. At the...

BLOG

TNS Completes Acquisition of BT Radianz, Cementing Shift in Financial Markets Connectivity

Transaction Network Services has completed its acquisition of BT Radianz, formally bringing the long-established financial markets network under the ownership of TNS and closing a deal first announced in September. Radianz, which for more than two decades has provided secure, managed connectivity between trading firms, exchanges, market data venues and service providers, now sits within...

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...