Perseus Synergy with Nasdaq Eyes Premium Data Distribution Globally

Thursday, 05/05/2016 | 13:25 GMT by Steven Hatzakis
  • The deal gives Perseus' clients access to premium data for key US markets.
Perseus Synergy with Nasdaq Eyes Premium Data Distribution Globally
Finance Magnates

Perseus, a New York-based leading global provider of managed services and high-speed connectivity and with 72 major financial Liquidity centers integrated to its network, has announced a synergy with Nasdaq to distribute its premium data including the TotalView and eSpeed ITCH Market data. This move will give Perseus' global clients access to premium data for trading in US Treasuries and Equities markets.

The two Nasdaq products offer full depth at every price level for all NYSE and Nasdaq regionally listed securities, and will allow Perseus’ clients to access fixed income trading at one of the world’s largest market centers and at a granular level.

Both the Nasdaq TotalView and eSpeed ITCH service will be deployed through the Perseus network to 72 major liquidity centers and emerging markets, and the offering will be part of the company’s LiquidPath suite.

Commenting in the company’s press release, Perseus CEO Jock Percy said: “We are excited to expand our portfolio of market data and market data access services with the addition of Nasdaq and eSpeed. Incorporating these marketplaces into our LiquidPath service, we have lowered the barrier to entry for our customers even further, and our customers can now incorporate US equities and treasuries into their global trading strategies.”

The company described the addition as complementing Perseus’ existing offering of Nasdaq’s Carteret Colocation facility for global time-stamping. The news comes just over a year after Goldman Sachs took a minority stake in Perseus for over $20 million, as reported by Finance Magnates around time of that announcement, and before the company partnered with Lucera to expand its global fiber network.

Perseus, a New York-based leading global provider of managed services and high-speed connectivity and with 72 major financial Liquidity centers integrated to its network, has announced a synergy with Nasdaq to distribute its premium data including the TotalView and eSpeed ITCH Market data. This move will give Perseus' global clients access to premium data for trading in US Treasuries and Equities markets.

The two Nasdaq products offer full depth at every price level for all NYSE and Nasdaq regionally listed securities, and will allow Perseus’ clients to access fixed income trading at one of the world’s largest market centers and at a granular level.

Both the Nasdaq TotalView and eSpeed ITCH service will be deployed through the Perseus network to 72 major liquidity centers and emerging markets, and the offering will be part of the company’s LiquidPath suite.

Commenting in the company’s press release, Perseus CEO Jock Percy said: “We are excited to expand our portfolio of market data and market data access services with the addition of Nasdaq and eSpeed. Incorporating these marketplaces into our LiquidPath service, we have lowered the barrier to entry for our customers even further, and our customers can now incorporate US equities and treasuries into their global trading strategies.”

The company described the addition as complementing Perseus’ existing offering of Nasdaq’s Carteret Colocation facility for global time-stamping. The news comes just over a year after Goldman Sachs took a minority stake in Perseus for over $20 million, as reported by Finance Magnates around time of that announcement, and before the company partnered with Lucera to expand its global fiber network.

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