Perseus Telecom & Globenet win award for fastest connection to BM&F Bovespa
First Published 14th June 2012
Perseus Telecom wins GTB 2012 Financial Network Innovation Award for fastest connection to BM&F Bovespa
Dr. Jock Percy, Chief Executive of Perseus Telecom
"Providing the express route to Brazil has broadened the horizons of opportunities for trading firms looking to increase exposure to Latin America, diversify portfolio strategies and gain market share."
London & New York - Perseus Telecom and its partner GlobeNet have been awarded the Global Telecoms Business (GTB) 2012 Innovation Award for Financial Network Innovation. The accolade recognises the fastest available trading connection to Brazil's BM&FBOVESPA Exchange from New York's NASDAQ, which Perseus also routes to other exchanges such as the CME, NYSE, BATS, LSE, Deutsche Börse and Eurex.
"Perseus Telecom is thrilled to accept the GTB 2012 Financial Network Innovation Award as we continue our world expansion in response to customer demand," says Dr. Jock Percy, Chief Executive of Perseus Telecom. "Providing the express route to Brazil has broadened the horizons of opportunities for trading firms looking to increase exposure to Latin America, diversify portfolio strategies and gain market share in the highly attractive emerging markets. In essence, we are, and will continue to be, extremely sensitive to the needs of the ultra-low latency trading community."
The award winning express Brazil connection from NASDAQ to BM&FBOVESPA avoids the highly congested New York City metro area and connects directly to the New Jersey NASDAQ facility; therefore creating new express connectivity with Chicago, Toronto, London and Tokyo financial exchanges and minimizing need to traverse traditional carrier networks.
"We choose Perseus Telecom for a long term partnership for seamless and fast connectivity coming in and out of Brazil for us and our customers," says Amanda Altobello, Head of the Electronic Trading Desk at Alpes. "Alpes and Perseus Telecom join forces to bring innovation and flexibility, while opening up trading in Latin America to the world; we are happy to be a part of this important award."
"Perseus Telecom and Link Investimentos have partnered so that our clients not only use the largest independent brokerage in Brazil but also the fastest trading connection between Brazil and the US," says Nilson Monteiro, Director, High Volume DMA, Link Investimentos. "We are thrilled to hear of this well earned recognition and happy to continue to grow with Perseus Telecom globally."
"We have the utmost appreciation for our community support both externally and internally," says Dr. Percy. "Many thanks to our partner GlobeNet and our R&D team led by Andrew Kusminsky, Chief Operating Officer, Perseus Telecom."