London Data Exchange selects Perseus as financial exchange provider

Source: London Data Exchange

London Data Exchange (LDeX), providers of London based colocation facilities and data centre services, today announced details of a new service offering to London-based trading firms, the Perseus Telecom global exchange platform.

The new LDeX product offering will provide customers with ultra-low-latency financial markets connectivity inclusive of over 50 markets globally and access to thousands of other colocated financial institutions. Perseus Telecom's ultra-low-latency trans-Atlantic network, QuanTA, which lands in Slough, will now be paired with LDeX for the fastest connection East of London to New York and West to Baseldon and Frankfurt.

Because of LDeX's strategic position in North London well above sea-level, LDeX1, which opened in Q2 2012, is uniquely nestled right between London's most active financial markets. The above sea-level structure not only has access to the fastest London-based fibre networks, but it also provides ideal line-of-sight for microwave and wireless transmissions, the lowest latency network technologies in the market.

LDeX co-located customers now benefit from the site having the On-Net presence of a dedicated financial markets platform provided by Perseus, enabling them to see market data ticks in a central position among other London data centres.

Andrew Kusminsky, Chief Operating Officer at Perseus Telecom, comments, "We are pleased that LDeX has chosen Perseus as its financial exchange provider for its customers. Our datacentre relationships are core to our value proposition, and by working with LDeX, we are able to collaboratively meet the high demands of our most mission-critical customers."

Matt Edgley, Sales and Marketing Director at LDeX, also comments on the news, "The reach and reputation of the Perseus Telecom network is an obvious attraction to any network and data intensive organization. Their approach to network design and delivery not only ensures data integrity and security but also guarantees that traffic reaches its destination with minimal latency, every time. By partnering with Perseus, LDeX is able to further serve the financial, media and network intensive global organization marketplaces by offering direct, on-site connections to one of the world's leading network providers."

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