Anova Technologies founder and CEO discusses wireless connectivity in the new book “Architects of Electronic Trading”


Anova Technologies founder and CEO discusses wireless connectivity in the new book “Architects of Electronic Trading”

Microwaves in Trading: Conquering Resistance

July 18, 2013 10:33 AM Eastern Daylight Time
CHICAGO & NEW YORK & LONDON–(BUSINESS WIRE)–Anova Technologies, CEO and Founder, Michael Persico sat down with Stephanie Hammer late in 2012 to discuss microwaves for her book “Architects of Electronic Trading; Technology Leaders Who Are Shaping Today’s Financial Markets,” which released last month. Ms Hammer’s book examines and highlights technology leaders in the financial industry, offering readers a glimpse into coming trends and innovations.

“Availability issues can cause staggering financial losses, as well as missed opportunities”
Mr. Persico’s interview with Ms Hammer is detailed in the chapter “Microwaves in Trading: Conquering Resistance.” It serves as a wireless primer whereby readers will gain insights into the physics of radio frequencies, as well as an overview of their usage in the financial industry. Further details include: how microwaves work, certain deployment obstacles, development drivers, and most importantly, game changing innovations.

When asked, “What’s next in microwave?” Mr. Persico touched on the Anova RFConnect laser upgrade, officially launched Q1 of 2013.

We feel strongly that the integration of free space optics with millimeter waves will put wireless transmissions on par with fiber-optic cable in terms of availability – and continue to surpass it in terms of speed. Free space optics entails the use of lasers to transmit data in free space, or air. Anova and its joint venture partner, which owns over 30 patents on this technology, commercialized this out of a decade-long project for the U.S. Department of Defense (DOD). We intend to deploy this technology both in the metro area and over the long haul to optimize the entire route from Chicago to New York. This is highly notable as it is the first new technology to be developed in the RF space in decades. The real benefit here is that this equipment, by virtue of its interwoven signals will increase the current availability of wireless networks from 95 percent to 99.99 percent. (Excerpted with permission of the publisher, Wiley, from Architects of Electronic Trading: Technology Leaders Who Are Shaping Today’s Financial Markets by Stephanie Hammer, June 2013.)

Availability, or uptime, has quickly become a major concern in the wireless sphere. As speeds converge across providers, it will ultimately become the true differentiator. RFConnect’s availability is projected to be 99.99% over a 10KM link. This equates to a total downtime of less than one day per year, versus competitors’ downtimes of 888 to 2976 hours per year (37 to 124 days per year) over the same paths. “Availability issues can cause staggering financial losses, as well as missed opportunities,” Mr. Persico stated. “Particularly painful is when you miss an open, or worse, a leading economic indicator because your RF system is down. Most of the providers today are claiming 95% or better for their uptime SLA, but in reality those networks are likely operating in the 85% uptime range if you remove their trading hour carve-outs and use recent microclimate weather data. However, FSO alters that disappointing reality permanently by now giving firms an availability that is akin to fiber through the air.”

Mr. Persico was honored to share insights in “The Architects of Electronic Trading.” He also participated in the book’s panel “Technology Trends that Matter,” that was held in Chicago in early June. When asked about her interview with Mr. Persico, Ms. Hammer responded, “I make the case in my book that tech leaders excel at communicating the business value of technology. Mike Persico does just that. A gifted teacher, he explains the relevance of microwaves for latency-sensitive market participants in approachable terms. What’s more, his take on enhancing availability of microwaves with laser optics gives readers important perspective on the future of microwaves in the trading space.”

About Anova Technologies: Anova Technologies is the preeminent fiber and wireless exchange connectivity provider, exclusively focused on electronic and algorithmic trading clients. With a dedicated team of engineers and physicists, Anova invented today’s millimeter wave design and deployment standards for trading networks. A champion of self-disruption, Anova continues to push the boundaries of technology for the financial markets, most recently upgrading its RFConnect to a hybrid laser millimeter wave network. Anova’s proprietary networks span all major exchanges throughout the US, Canada, Europe, and South America.

Contacts

Anova Technologies
Denise Heitz
Marketing Consultant
312.540.9594 xt 103
denise@anova-tech.com
http://www.anova-tech.com

NYSE Technologies’ Robson Calls for Collaboration; Pushes Shared Infrastructure to Reduce Costs


NYSE Technologies’ Robson Calls for Collaboration; Pushes Shared Infrastructure to Reduce Costs

http://low-latency.com/blog/nyse-technologies-robson-calls-collaboration-pushes-shared-infrastructure-reduce-costs/?utm_source=weekly&utm_medium=email&utm_campaign=ll_13-07-18

blog | July 3, 2013 – 5:59am | By Pete Harris

Nine months after taking the reigns at NYSE Technologies, CEO Jon Robson has begun to articulate a renewed vision for NYSE Euronext’s IT services operation with “A Call for Collaboration” to the financial markets. Of course, in Robson’s mind, that collaboration hopefully means trading firms will embrace the cloud platform, global network and open sourced middleware APIs that it has rolled out in recent years.

Via an open letter and a video posted on NYSE Technologies’ new TechTalk website, Robson suggests that “The economics of the industry clearly don’t support the content and infrastructure models that we’ve been using for decades … Market participants now need to ask themselves hard questions, such as how do I simplify my architecture? Is there a way to take a cost, put it into a single entity and share that cost?”

Unsurprisingly, Robson has answers to the hard questions: “An exchange that aggregates capabilities and liquidity, runs a highly secure network, and undergoes regulatory scrutiny, is an ideal entity to open up its platform for a community to share its capabilities, content, and code creating a new model for doing business – and in essence, changing the way world works.”

In order to execute on the vision of the new model, Robson has organised NYSE Technologies into three business focuses – Liquidity Solutions, Infrastructure Solutions and Content Solutions – all of which report into COO Terry Roche, who worked for Robson during their previous lives at Thomson Reuters.

Liquidity Solutions – under the direction of Adam Mazur, formerly with Goldman Sachs – runs the exchange’s data centres in Mahwah, NJ in the U.S. and Basildon, near London, in the U.K., and is also responsible for software solutions for matching engines, FIX connectivity and market access gateways.

Infrastructure Solutions – headed by Varghese Thomas, who joined in May from Savvis – comprises the global SFTI communications network, the FIX Marketplace network, managed co-location and hosting services and the Community Platform cloud offering, which offers both pre-provisioned and on-demand compute, storage and connectivity to support trading and downstream applications.

Content Solutions – which Roche runs himself – owns various low-latency, real-time and historical data services, including the Superfeed consolidated (crowd sourced to some) data feed, data feed handlers for third party markets and information vendors, and the Data Fabric middleware. It also develops the open source OpenMAMA API, which is administered by the Linux Foundation and provided via a free open source licence.

In the realm of content, the TechTalk website is clearly picking up on both the hype and reality of big data, highlighting NYSE Technologies’ data centric capabilities and success stories grouped within a “Data Factory” section.

Given the investment in OpenMAMA, it’s not surprising that Open Source – and general open collaboration – is another key topic on TechTalk.  Daryan Dehghanpisheh, previously many years with Intel, is playing a key role in NYSE Technologies’ open source and standards business push.

While Robson and NYSE Technologies are pursuing some lofty game changing business models, it’s worth noting that the ‘game’ might change on them as well. Recent press reports suggest that the exchange group – itself being acquired by IntercontinentalExchange for nearly $10 billion – might sell off NYSE Technologies. Other speculation is that the unit could be spun out as an independent company. Certainly Robson’s background – founding Moneyline, acquiring former employer Telerate, and then selling to Reuters – gives him requisite experience for managing such a process.

About the Author

Pete Harris

Editor and Publisher, Low-Latency.com

Pete Harris is Editor and Publisher of Low-Latency.com.  He is also President, Americas and Editor-at-Large at A-Team Group, a publishing, research and events company focused on the deployment of information technologies in the global financial markets.  Low-Latency.com is a service of A-Team.

Fluent Trade Technologies Selects Solace Systems to Fuel Automated Trading Systems and Broker | Low-Latency.com


See on Scoop.itThe FIX Protocol and multi asset electronic trading.
Fluent Trade Technologies Selects Solace Systems to Fuel Automated Trading Systems and Broker http://t.co/p1Ib9iIliW
See on low-latency.com

Sao Paulo based BLK Sistemas Financeiros Accelerates Trading with Perseus LiquidPath®


Sao Paulo based BLK Sistemas Financeiros Accelerates Trading with Perseus LiquidPath®

http://perseustelecom.com/news/sao-paulo-based-blk-sistemas-financeiros-accelerates-trading-with-perseus-liquidpath/

Perseus Telecom

 

Sao Paulo based BLK Sistemas Financeiros Accelerates Trading with Perseus LiquidPath®

–        Perseus Telecom Brazil Connects BLK Sistemas Financeiros to Brazil Exchange in less than 50 microseconds

–        Perseus LiquidPath® Enhances Liquidity with Ultra-Low Latency Connectivity with BM&F Bovespa

SAO PAULO– 15 July 2013 – Perseus Telecom, a leading provider of ultra-low latency, high capacity global networks, today announced that BLK Sistemas Financeiros has connected to the BM&F Bovespa through the Perseus Telecom LiquidPath connection of sub 50 microseconds. LiquidPath launched late in 2012 by Perseus, connects the ALOG/Equinix (SP1) datacenter with the BM&F Bovespa data center (CT1) in less than 50 microseconds Round Trip Delay (RTD).

Perseus Telecom winners of the Global Telecoms Business Innovation award in 2012 for building the fastest connection between the Nasdaq OMX datacenter in New York and the BM&F Bovespa data center in Sao Paulo, has since launched its LiquidPath product, which furthers the commitment to market-to-market trading. LiquidPath assists brokers, vendors and their customers, with international communications, infrastructure support and ultra low-latency last mile connectivity to exchanges.

Rogério Paiva Managing Director at BLK Sistemas Financeiros said, “We carefully selected Perseus Telecom, who is well known in Brazil for its exchange connectivity platform, LiquidPath, which has helped ensure the best performance locally for our customers.”

BLK Sistemas Financeiros is a specialized electronic & algorithmic trading service provider that assists in developing proximity colocation infrastructure for high speed electronic trading operations. The BLK customer requires a sophisticated ultra low-latency straight through processing environment, based on the latest technological advancements available.

“BLK Sistemas Financeiros is a great new addition to the Perseus Telecom community connecting to our global network from Brazil, said Marcos Guimaraes, President of Perseus Telecom Brazil, “BLK can now help its customers take advantage our LiquidPath infrastructure to provide access to the BM&F Bovespa for its trading customers, but also to other exchanges in the 60 global markets Perseus serves.”

# # #

About Perseus Telecom

Perseus Telecom is an award winning global, facilities based licensed carrier of enterprise and telecommunications services with a focus on ultra-low latency connectivity. Perseus provides the fastest routes between New York and Brazil exchange markets and was recently awarded for QuanTA, the fastest trans-Atlantic route between New York and London. The company also operates the fastest route between London and Frankfurt over its high-tech wireless/microwave service as well.

Perseus connects global markets with significant points of presence in New York, Chicago, Mexico, Tokyo, Singapore, Sydney, Hong Kong, London, Frankfurt, Stockholm, Moscow, Madrid, Milan and Dublin. The company’s management team has decades of experience in major finance, telecommunications and technology companies operates from offices in London, Dublin, New York, Chicago and Sao Paulo.

For more information about Perseus, please visit www.perseustelecom.com or contact us at +1 (212) 300-6813 or sales@perseustelecom.com.

PRESS CONTACT:

Dan Watkins

+1(347) 394-3068

marketing@perseustelecom.com

Big Cable’s Sauron-Like Plan for One Infrastructure to Rule Us All


Big Cable’s Sauron-Like Plan for One Infrastructure to Rule Us All

 http://www.wired.com/opinion/2013/07/big-cables-plan-for-one-infrastructure-to-rule-us-all/

When Liberty Media chairman John Malone talks, it’s a good idea to pay attention. And this month, the craggy, whip-smart, billionaire cable mogul has set his sights on having the entire cable distribution industry charging for buckets of bits. Which means the Internet in America — as well as in the U.K., Belgium, Holland, Germany, and Switzerland — is in big trouble.

The issue is “cableization” of the entire Internet Protocol enterprise. After all, the cable distribution pipe is just a giant set of channels that will be dynamically reallocated between “Internet” access and other IP-based cable-provided services.

Malone’s bet (his word) is that we’ll all be buying channels from our local cable guy in the form of IP packets, and the cable industry will pull off the unrestrained monetization of its long-ago sunk cost in installing local monopoly distribution networks:

“…over the years more and more content is going to come all IP, all platforms, random access. And as that happens, the bandwidth demands are going to force market share cable’s way… [I]f cable can get its act together … I wouldn’t be surprised if you’d see over the top service providers that are wholesale to the cable operator, retail to the consumer, and that are bundled and discounted with the broadband connectivity side of the product offering. As that transpires, I think it’s going to change the game pretty dramatically.”

Malone calls this “creating value off the scale of a cooperative industry.” But creating this value for them is bad news for the rest of us.

 

Susan Crawford

Susan Crawford is a professor at the Cardozo School of Law  and an adjunct professor at the School of International and Public Affairs at Columbia University. She is also a Fellow at the Roosevelt Institute. Crawford has been an ICANN board member and a Special Assistant to the President for Science, Technology, and Innovation Policy. She is the author of Captive Audience: The Telecom Industry and Monopoly Power in the New Gilded Age.

What Happens When One Cable Rules Them All

Malone is my favorite cable guy because he’s frank, smart, and refreshingly outspoken: He admitted in 2011 that “cable’s pretty much a monopoly now” because it’s the only terrestrial network that can provide the high-capacity, low-latency connectivity needed for the applications of the future.

Cable’s only real competition is Verizon’s bundled Internet, telephone, and television over a fiber-optic communications network (FiOS) which “ran out of steam” (as Malone put it in last month’s shareholders’ meeting) when Verizon stopped expanding a few years ago. And AT&T’s U-Verse product doesn’t run fiber all the way to homes or provide the bandwidth of a cable connection.

All of this means, according to Malone, that “Cable is clearly winning in the U.S. broadband connectivity game.” Liberty Media is energetically back in that game, and Malone’s got big plans for the global future of the Internet. With 25 million subscribers worldwide following his acquisition of British cable company Virgin Media in February 2013, Malone’s company is now the largest cable distributor in the world.

Now he wants to “get together” with the other cable giants to “create global scale.”

In February, Malone bought 27% of the fourth largest cable distributor in America, Charter, a company that faces minimal competition from either FiOS (just a 4% overlap) or U-Verse (20%). Charter’s balance sheet and Malone’s access to long-term, low-interest financing will allow him to roll up additional cable distribution companies across the country. Meanwhile, Malone’s sorry he ever sold his TCI cable systems to AT&T for $54 billion in 1999, because he knows “the most addictive thing in the communications world is high-speed connectivity.”

While innovators around the world want to develop world-changing applications that require a lot of bandwidth — think telemedicine, tele-education, anything requiring “tele”presence — they’re in for a shock.

Because they (or their users) will have to pay whatever cable asks for the privilege of that reach.

That’s Malone’s plan: He wants the cable industry to sit right in the middle of the road that runs between online innovation and users, asking for tolls from applications and users alike.

He wants the cable industry to sit in the middle of the road between online innovation and users, asking for tolls from applications and users alike.

How Will They Get Away With It? The Plan Behind the Plan

To make his plan work, Malone wants the cable industry to act collectively. His logic: Ensure that no maverick breaks ranks and provides users of IP bits with unlimited capacity at a reasonable price.

The key tool he’d like the industry to use to bring this vision to life is tiered pricing on the user side.

We’ve known for a while that the cable industry is interested in charging for buckets of bits used during a given period of time. We also know that tiered pricing is based on justifications such as fixing congestion, or recouping network investments.

But tiered pricing has little or nothing to do with either of those things.

Having made their significant network investments some time ago, the big cable guys are in harvesting mode and have been reaping enormous revenues for years. Comcast’s and Time Warner Cable’s revenues of $172 billion (between 2010 and 2012) were more than seven times their capital investment of $23 billion during that same period. Not only are all of the big cable companies’ revenues exponentially larger than their capital expenses, but this difference is getting much larger over time [see chart].

Tiered pricing has little or nothing to do with fixing congestion or recouping network investments.

Usage caps are aimed at “fairly monetiz[ing] a high fixed cost,” former FCC Chairman Michael Powell said earlier this year. (He’s now the head of the National Cable & Telecommunications Association, which is clearing the way to drop the words ‘cable’ and ‘telecommunications’ from its brand by renaming itself “NCTA: The Internet and TV Association”.) The caps are not aimed at addressing high-bandwidth uses at peak hours, which might degrade the online experience of other users. (Outside peak hours, it makes no difference to the functioning of the network if someone is downloading a lot of bits.)

In a non-competitive local market, data caps are excellent tools with which to make as much money as possible from an existing monopoly facility. Although cable distributors could charge end-users a low flat fee for high download speeds — and Malone is confident that he’ll get his systems to gigabit downloads with very little investment — they have no reason to.

So Malone’s planning a use-based program that goes into broadband connectivity, “so that, you know, Reed [Hastings, CEO of Netflix] has to bear in his economic model some of the capacity that he’s burning … And essentially the retail marketplace will have to reflect the true costs of these various delivery mechanisms and investments.”

What he’s really saying is: Anyone who wants to use my pipes will have to give me money.

A data consumption cap has the same effect as a priority lane or a toll-free lane for favored apps.

The cable industry, already gingerly exploring tiered pricing and usage-based billing, argues that such consumption caps are fair. They’re not choosing winners and losers, they say, they’re just drawing lines that affect every online application equally.

But that’s not true. A data consumption cap has the same effect as a priority lane or a toll-free lane for favored applications. It will reliably dampen demand across all users for any online application that is subject to the cap, according to French consulting firm Diffraction Analysis’ November 2011 report, “Do Data Caps Punish the Wrong Users?”

So some big guys will pay to avoid the cap, and little guys will be stuck trying to reach new customers who are worried about overage charges.

It’s not too late to pay attention to John Malone.

Perseus Clocks Sub-Nanosecond UTC Timescale in Equinix’s London Slough Campus


Perseus Clocks Sub-Nanosecond UTC Timescale in Equinix’s London Slough Campus

http://perseustelecom.com/news/perseus-clocks-sub-nanosecond-utc-timescale-in-equinixs-london-slough-campus/

–        Sub-nanosecond FINRA Provable Timestamp; Live in the US and Europe for Global Synchronization of Trading Systems

LONDON – 03 July 2013 – Perseus Telecom, a leading provider of ultra-low latency, high capacity networks from market-to-market, today announced its High Precision Time™ offering that provides deterministic synchronization with the US timescale UTC (Coordinated Universal Time) assisting firms balance enterprise systems and meet regulation guidelines.

Regulatory mandates and technological efficiencies continue to drive the need for more transparency in low latency high speed trading. This has pushed firms to move low latency policies deeper through the stack from the wire to the chipset, garnering the need to ingest provable time more accurately. Widespread deployment of time platforms use a combination of GPS time data and NTP (Network Time Protocol) for the delivery of time, where both are proving less reliable with high latency time synchronization despite the growth of market data and faster processing speeds across financial markets.

The Perseus time service utilizes 1 PPS (Pulse Per Second), an electrical signal Perseus uses to condition a customer server clock with the highest precision time data delivery backed by a Perseus SLA of less than one nanosecond. Other Perseus technologies such as fiber-optic and wireless connectivity with proximity colocation, all contribute to condition local grandmaster atomic clocks that feed time at electrical pulse speeds to customer trading systems and applications.

Stewart Orrell, Managing Director, Global Capital Markets at Equinix commented, “We are very pleased to have Perseus provide new critical infrastructure for certifiable time data across the Equinix ecosystem both in the US and now in Europe. Having financial firms able to reference UTC time data across existing trading ecosystems helps meet client requirements as they communicate and trade from market to market.”

The atomic clock installation at the Equinix LD4 datacenter was built to serve local and international broker dealers and the buy-sides such as High Frequency Trading firms. This new environment allows participants to interoperate their extremely fast market data, algorithmic and order execution servers in a colocated LAN environment a few feet from the Perseus atomic clocks and the markets of the Aquis Exchange, BATS-Chi-X, BOAT, ICAP EBS, Nasdaq OMX NLX, Turquoise and the London Metal Exchange (LME).

Andrew Kusminsky, Chief Operating and Strategy Officer at Perseus said, “Rolling out High Precision Time™ in Equinix datacenters is one of our key strategies to help our financial customers performing at the lowest latency speeds in global markets. The Perseus precision time services help to mitigate risk, meet new stringent financial compliance guidelines, and ensure HFT systems are consistently accurate as they trade over our ultra low-latency networks including QuanTA, LiquidPath® and wireless/microwave.”

 

# # #

 

About Perseus Telecom

Perseus Telecom is an award winning global, facilities based licensed carrier of enterprise and telecommunications services with a focus on ultra-low latency connectivity. Perseus provides the fastest recognized routes between the New York and Brazil exchange markets, was recently awarded for QuanTA the fastest trans-Atlantic route between New York and London and also operates the fastest route between London and Frankfurt over its high-tech wireless/microwave service.

Perseus connects the globe with significant points of presence New York, Chicago, Sao Paulo, Mexico, London, Frankfurt, Stockholm, Moscow, Madrid, Tokyo, Singapore, Sydney and Hong Kong.

For more information about Perseus, please visit www.perseustelecom.com or contact us at +1 (212) 300-6813 or sales@perseustelecom.com.

PRESS CONTACT:

Dan Watkins

+1(347) 394-3068

marketing@perseustelecom.com

Volta’s Great Sutton Street Data Centre Welcomes Custom Connect as a New Carrier with Microwave Connectivity


Volta’s Great Sutton Street Data Centre Welcomes Custom Connect as a New Carrier with Microwave Connectivity

http://low-latency.com/article/volta%E2%80%99s-great-sutton-street-data-centre-welcomes-custom-connect-new-carrier-microwave-connec/?utm_source=weekly&utm_medium=email&utm_campaign=ll_13-06-27

Volta Data Centres, the specialist provider of data centres to the financial, media and content industries is pleased to welcome Custom Connect, the provider of worldwide carrier-neutral connectivity, to their Great Sutton Street Data Centre.

Catering to the requirements of latency-sensitive users in the financial services industry, Volta Great Sutton Street is ideally located in close proximity to City-based trading firms. The combination of Volta’s 33kV diverse power supply and range of carriers with their own fibre connectivity makes Volta Great Sutton Street the most connected and resilient data centre in central London.

Custom Connect, headquartered in Amsterdam has recently expanded its footprint opening up a new office staffed with an experienced team in the City of London. The new partnership with Volta will enable Custom Connect to deliver their services in the heart of the City of London in a state of the art carrier neutral facility. Custom Connect’s full portfolio will become available including the possibility to connect to ultra low latency microwave transmission services.

Julian King, Commercial Director, Volta, said: “We are delighted to welcome Custom Connect into our facility. Working with Custom Connect means we can offer more customer choice in connectivity (both fixed and wireless) for the financial sector, bringing increasing advantages of low-latency and connectivity in accessing both the UK and global financial markets.”

Gareth Richardson, General Manager of Custom Connect Ventures UK, said: “Volta’s Great Sutton Street Data Centre is right on the doorstep of the City of London which is perfect for our trading clients who require high-speed connectivity and resiliency. We placed the highest priority on finding the most reliable, best connected data centre which was in the right location for our customers and we are confident that Volta’s Great Sutton Street Data Centre is the best option.”

 

Perseus Brazil Debuts Market-To-Market Liquidity Platform LiquidPath® – Fastest Connection To The BM&F Bovespa From Equinix/ALOG In Sao Paulo – Financial Compliant Network For Global Direct Market …


See on Scoop.itThe FIX Protocol and multi asset electronic trading.

Perseus Telecom, a leading provider of ultra-low latency, high capacity networks for market-to-market connectivity, yesterday announced a fully managed ultra low latency solution offering called LiquidPath®.

See on www.mondovisione.com

Perseus Brazil Debuts Market-To-Market Liquidity Platform LiquidPath®


Perseus Brazil Debuts Market-To-Market Liquidity Platform LiquidPath®

http://perseustelecom.com/services/products/liquidpath-brazil/

LiquidPath® combines the Perseus award winning connectivity solutions with the Perseus global market-to-market ultra low-latency network. LiquidPath is a fast and cost effective solution for the deployment of the necessary equipment needed to be staged in foreign markets so that customers do not have to manage the complexities of having “feet on the street” in new emerging markets.

Perseus Telecom customers see a variety of advantages when choosing LiquidPath:

Through efficient and high-performance trading infrastructure ideal for staging Market Data, Order Management (OMS) as well as Algorithmic and High-Frequency-Trading equipment, customers can benefit from state 0f the art equipment ready to be turned on as a service.

Due to complex and static environments Perseus can offer proximity services for Direct Market Access (DMA) platforms, helping customers getting trading with exchanges or counter parties fast, saving time and money.

Customers can enjoy having balanced IT investments with LiquidPath® making it easier to plan and allocate IT expenditures for trading emerging or foreign markets.

“Liquidity Infrastructure” for local and global buy-side, sell-side and service vendors looking to access the Brazilian Securities marketplace.

LiquidPath combines the Perseus award winning fastest connectivity solution with the Perseus Global Market-to-Market ultra low-latency network . LiquidPath is a fast and cost effective solution for the deployment of trading infrastructure into foreign markets so that your firm does not have to manage the complexities of local “feet on the street” in new markets you may want to trade.

Perseus Telecom customers see a variety of advantages when choosing LiquidPath:

Efficient and high-performance trading infrastructure ideal for staging Market Data, Order Management (OMS) as well as Algorithmic and High-Frequency-Trading equipment.

Complex and static environment optimal in colocation and proximity services for Direct Market Access (DMA) platforms. Well balanced IT investments – support for planning of IT expenditures.

LiquidPath Brazil

Perseus Telecom Brazil helps customers meet their requirements for low-latency market access and cost efficient IT products and services saving both time and money.

Infrastructure

  • Exchange proximity colocation
  • Hardware as a service
  • Ultra-low latency connectivity
  • Elasticity (up and downsizing)
  • Managed and Professional Services

Connectivity

  • CT1 – 1st BVMF DC (30µs)
  • CT2 – 2nd BVMF DC (5ms)
  • SP2 / RJ1
  • Internet / Last Mile
  • Global Liquidity Centers Access

Market-To-Market

3-Market-To-Market

HIGH PRECISION TRADING IN COMPLEX MARKETS

Perseus Telecom is an award winning global provider of connectivity and services. We work with best of breed fiber assets globally. Perseus provides customers with the right

network solution at the right price. Whether connecting trading desks to exchanges, establishing global wide area networks, or connecting from Europe and North America to emerging markets in Latin America, Asia and Africa; our customers have the competitive advantage that comes with innovation and experience in finance, banking, technology, law, e-commerce, multi-site enterprise, pharmaceutical, media and telecom sectors.

FastMatch Launches Matching Engine in Equinix LD4 Data Center in London


FastMatch Launches Matching Engine in Equinix LD4 Data Center in London

http://low-latency.com/article/fastmatch-launches-matching-engine-equinix-ld4-data-center-london/?utm_source=weekly&utm_medium=email&utm_campaign=ll_13-06-20

Equinix, the global interconnection and data center company, together with FastMatch, an Electronic Communication Network (ECN) for foreign exchange trading, today announced the launch of a new ECN matching engine in Equinix’s London Slough International Business Exchange (IBX) data center campus.

FastMatch currently operates its FX Spot and metals ECN matching engine from the Equinix NY4 data center in New York. The additional matching engine in London will offer FastMatch clients in the European region access to real-time transparent quotes and trade information, as well as complete redundancy to the platform.

As trading markets become more interrelated, investors are seeking local access to a wider range of asset classes and instruments in order to effectively manage risk in an increasingly complex and competitive environment. By deploying among the growing financial ecosystem inside Equinix, FastMatch makes its systems directly accessible alongside a wide range of other venues, data providers and financial institutions, allowing investors greater choice and flexibility.

FastMatch clients can trade across an array of unique liquidity sub-pools each governed by its own distinct rules of trading. FastMatch also enables institutional clients to easily transact large sizes with minimum market impact by using order types like hidden pegged to midpoint, reserve and minimum quantity.

The FastMatch ECN is based on technology that underpins the world’s largest equities crossing system, the Credit Suisse Crossfinder matching engine, which has been re-tooled and tailored to meet the needs of global foreign exchange markets.

FastMatch launched in the summer of 2012 and is a joint venture of FXCM, Inc. and Credit Suisse Group AG, later adding Bank of New York Mellon as a third backer in 2013. The company strives to offer its customers access to large pools of diversified liquidity at unparalleled speed with complete transparency in an optimal location.

Dmitri Galinov, CEO, FastMatch: “London is an FX trading capital of the world, yet traders in Europe currently have no access to real-time quotations or trades from any major FX ECN. The prices are either intentionally delayed or coming from the United States. We are excited to deliver real-time transparency to this previously underserved region.”

Stewart Orrell, managing director, Global Capital Markets, Equinix: “As the Equinix financial ecosystem continues to globalize, we’re seeing more trading venues deploy multiple storefronts in various cities to extend their ability to reach market participants around the world. With the launch of its matching service in the Slough campus, FastMatch is certainly on the right track to gain a competitive edge in today’s global marketplace.”

 
OTC Clearing and Regulations

My views on OTCs and Regulations

Knowledge Problem

Commentary on Economics, Information and Human Action

northoceanscm

4 out of 5 dentists recommend this WordPress.com site

Aditya Ladia's Blog

Forex, Investment and Finance

Soltis Consulting, Inc.

Business Concepts, Ideas, and Information

intradaynifty

An Endeavor To Explore The Uncertanity

All About Cyber Security and Financial Technology and Beyond

The Future of FinTech and Cybersecurity are Interlocked: Creating the Secure Future of Financial Technology Today

symphony

Read about latest trends in Algo Trading in India or visit our website symphonyfintech.com

Trading Smarter

Thought Leadership, Insight and Product Information from TradingScreen

Tales from a Trading Desk

Noise from an Investment Bank

The Main Street Analyst

New York City Magazine! Marketing, Social Media, Business - Connecting The Dots!

NPA Computers

Bringing you info about the latest on Internet Technology

duanetilden

The Latest News on International Energy Trends, Green Building, Sustainability, A&E and Social Media

Trade News in Brief

International Economic Affairs & Relations / Regional & International Organizations / Global Commerce & Business

Letters from Nopeville

Nothing to do here

SingleDealerPlatforms.Org

The Single Dealer Platform Community

Carl A R Weir's Blog

A Cross Asset Connectivity and Finance WordPress.com site

%d bloggers like this: