Icap rides on Perseus Telecom to LatAm
09 April 2014 | 1099 views | 0
Perseus Telecom, a leading provider of high-speed global connectivity, High Precision Time™ and Market-to-Market networks, announced today ICAP is a global customer accessing the award-winning LiquidPath® network in Brazil and Latin America.
Perseus LiquidPath® is a unique offering stemming from the acquisition of local Sao Paolo firm, E-Trade labs in 2012. LiquidPath® covers award-winning connectivity, hosting, consulting, high precision time and real-time monitoring with Precision View, the Perseus GUI accessible from anywhere in the world. Perseus LiquidPath® formally landed on the map with the honour of winning the Global Telecoms Business award for Best Innovation in 2012 and 2013, related directly to building the fastest connectivity from London to BM&F BOVESPA, Brazil.
"Perseus LiquidPath® is a fast and cost-effective solution for the deployment of trading infrastructure into foreign markets so highly demanded by ICAP customers," says Brian Lee, Managing Director of ICAP US. "ICAP's global exchange traded network continues to grow and we look forward to developing this relationship with Perseus into other technology areas in the future."
ICAP has an established presence in Latin America where it is run by a dynamic team of professionals, offering large, natural flow on all desks as well as multilingual customer support. In Brazil, ICAP is a premier independent broker offering brokering services across a broad range of OTC and exchange traded products.
Perseus LiquidPath® offers high-performance trading services ideal for staging Market Data, Order Management (OMS) as well as Algorithmic and High-Frequency-Trading equipment. In addition to consulting on all LATAM trading, LiquidPath® covers Direct Market Access (DMA) to exchange traded products including all asset classes for algorithmic and high frequency strategic deployments.
"Perseus is pleased to have ICAP as a loyal customer in Brazil and LATAM where capital markets require ultra-fast, reliable connections to mitigate risk and to provide worldwide reach," says Dr Jock Percy, Chief Executive of Perseus. "LiquidPath® is our Liquidity Infrastructure for local and global buy-side, sell-side and service vendors looking to access the BBrazilian trading marketplace. We are the local feet on the street needed for reliable execution."