The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Perseus Telecom Adds London Metro Microwave Connectivity

Perseus Telecom has closed the gaps between London’s trading markets with microwave connectivity linking the Equinix LD4 data centre in Slough, the NYSE data centre in Basildon, the London Stock Exchange (LSE) data centre and the City based London Hosting Centre.

The metro connectivity links Equinix LD4, which hosts foreign exchange and equities trading engines, to the London Hosting Centre, a Reuters facility operated by Savvis and home to Spot FX engines and Reuters price feeds; the LSE to NYSE’s Basildon data centre, which hosts NYSE Euronext equities trading engines and the Liffe futures and derivatives exchange; LD4 to Basildon, and the LSE to LD4. Perseus says the first three of these routes are exclusive to its offering, while the LSE to LD4 route is also covered by the LSE with a millimetre wavelength solution.

The London metro routes went live early this year and complement Perseus’s existing European wireless routes from LD4, the London Hosting Centre and Basildon to Frankfurt. Jock Percy, chief executive of Perseus, comments: “We now have the fastest interconnect matrix of important European liquidity centres.”

As well as the London metro connectivity, Perseus is offering customers in Europe fast market data from the CME and ICE exchanges. Raw market data can be distributed to any location on the company’s fast fibre network, or it can be normalised and compressed for delivery over the microwave network.

The London metro links add to similar metro connectivity in Chicago that was acquired last week from TLV Networks and connects CME’s Aurora data centre to ICE at Equinix’s 350 E Cermak Road data centre. Moving forward, the company plans more projects in Europe, before a push into Asia and Latin America where it will complement its fast fibre optic networks with microwave connectivity.

Related content

WEBINAR

Upcoming Webinar: Infrastructure monitoring: mapping technical performance to business performance

Date: 8 July 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes It’s a widely recognized truth that if you can’t measure something, you can’t improve its performance. As high-performance connectivity technologies have established themselves in the mainstream of financial firms’ trading architectures, the ability to monitor messaging and data infrastructures...

BLOG

BCC, Push and Baker Team Up to Offer Cloud Market Data Solution

The ongoing buzz around cloud-delivered market data continues with news of a partnership between BCC Group, Push Technology and Baker Technology. The collaboration is aimed at offering an end-to-end solution to optimize, control and accelerate market data delivery in cloud environments. The initiative brings together three solution providers specialising in distribution, integration and presentation of...

EVENT

RegTech Summit APAC

RegTech Summit APAC will explore the current regulatory environment in Asia Pacific, the impact of COVID on the RegTech industry and the extent to which the pandemic has acted a catalyst for RegTech adoption in financial markets.

GUIDE

Entity Data Management & the LEI

Just over a year since the Financial Stability Board handed over leadership and direction of the interim Global Legal Entity Identifier System – or GLEIS – to the Regulatory Oversight Committee (ROC) of the LEI the entity identifier is being used for reporting under European Market Infrastructure Regulation. This report discusses recent developments in the...