Partnership enables New York and Mexico City trading communities to receive market signals and send transactions at the lowest latency rates available
NEW YORK, Jan. 7, 2013 /PRNewswire/ — Perseus Telecom, a leading global provider of connectivity, today announced that it has signed CI Casa de Bolsa to its ultra-low latency network between the New York and Mexico City markets. The launch of this partnership represents a landmark development as the fastest trading route between the two marketplaces and creates new opportunities for trading firms across the globe.
CI Casa de Bolsa, a leading Mexico City-based brokerage house, has a global client base seeking liquidity in the Mexican marketplace. With US-listed stocks displayed in Mexico, CI Casa de Bolsa has chosen Perseus Telecom for its high-speed, ultra low-latency network connection from New York to Mexico City for the fastest execution capabilities possible for foreign investors.
"We are very happy with our decision to use Perseus Telecom. Their network is built for performance and customer satisfaction without the overbearing costs that low-latency technology can sometimes bring to our bottom line," states Mauricio Suarez, Head of International Sales at CI Casa de Bolsa. "The beneficiaries of lower costs and lower latency are our clients and serving them stands as CI Casa de Bolsa's primary objective."
Dr. Jock Percy, CEO of Perseus Telecom, explains, "We are quite pleased to have a reputable firm like CI Casa de Bolsa join the Perseus Telecom global network. As Perseus Telecom looks to bring more value to investment communities at different corners of the globe, markets like Latin America, led by Brazil and Mexico, are important to us and our customers. CI Casa de Bolsa coming on-net is a testament to our commitment to these markets."
Notes to the Editors
About Perseus Telecom
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Perseus Telecom is an award winning global provider and facilities based licensed carrier of enterprise and financial telecommunications with a focus on ultra-low latency networks. In addition to the fastest route between USA and Brazil, Perseus Telecom recently announced the fastest trans-Atlantic route in April 2012, named QuanTA. The company also connects Asia-Pac and Europe with significant points of presence in Tokyo, Singapore, Sydney, Hong Kong, London, Frankfurt, Stockholm, Moscow, Madrid, Milan and Dublin. Perseus Telecom works with the world's leading fibre assets and technologies to provide cost effective, efficient and valuable network solutions for its customers. Perseus Telecom Customers include: Banking, Trading, Finance, Fund Management, Broadcast Media and Entertainment Companies, Law Firms and Capital Partnerships, Global Manufacturers and Pharmaceutical Companies. The management team has decades of experience in major Tier 1 carrier companies and operates from offices in London, Dublin, New York, Chicago and Sao Paulo. For more information on Perseus Telecom, go to www.perseustelecom.com.
About CI Casa de Bolsa
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CI Casa de Bolsa is a leading options exchange operator in Mexico, delivering efficiency, innovation and service to individuals and companies around the world. Recognized as one of the newest and innovative exchanges in the country and seeking to be the #1 boutique broker in Mexico, CI Casa De Bolsa offers tailor-made service aimed at meeting a variety of equity investment needs. Led by a distinctive, visionary team, the firm offers a dedication to service, focus on results and a high degree of efficiency. After more than two decades of successful growth, CI took an important step in April 2008 to become CI Banco, Multiple Banking Institution, to make an entrance into the domestic banking space. At the end of 2011, CI bought a license to open its broker dealer, in order to continue innovating its products and technologies.
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