About a-team Marketing Services
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

Subscribe to our newsletter

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.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Best Practices for Building High-Performance Data Infrastructures

Date: 23 June 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes The requirement for high-performance data systems to support trading analytics for hedge funds, high-frequency trading firms and electronic liquidity providers is well established. But the explosion in Big Data over the past several years has expanded the scope of...

BLOG

Exegy Sees ‘Tectonic Shift’ as Sales Jump 50% due to Pandemic Volatility and ‘Retail Revolution’

Following its May 2021 merger with Vela Trading Systems, high-performance market data and trading technology specialist Exegy Inc. says a ‘tectonic shift’ in the marketplace is driving demand for its expanded portfolio of solutions. Among the factors now triggering investments in new data and trading technologies are the leap in volatility sparked by the global...

EVENT

ESG Regulation, Reporting & Data Management Summit (Redirected)

This summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Enterprise Data Management Europe 2010

he US may seem to be ahead of the rest of the world in terms of championing the data management cause with the inclusion of reference data focused items in the Dodd-Frank Act, but Europe is not too far behind. Senior European level officials such as European Central Bank (ECB) president Jean-Claude Trichet have taken...