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Moving ahead with electronic trading boost – ICAP accesses Perseus LiquidPath network in Brazil and Latin America
Perseus Telecom, the provider of connectivity, High Precision Time and Market-to-Market networks, has announced that ICAP has become a customer accessing the LiquidPath network in Brazil and Latin America. Perseus LiquidPath covers connectivity, hosting, consulting, high precision time and real-time monitoring with Precision View, the Perseus GUI accessible worldwide.
“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.”
“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 Brazilian trading marketplace. We are the local feet on the street needed for reliable execution.” This news release comes as ICAP is seeking to transform its London-based foreign-exchange voice brokers into active promoters of its electronic-trading platform.