Perseus Preps ‘Fastest’ CME–Tokyo Network

The vendor says exclusive improvements will yield significant latency advantages for firms trading Japanese markets.

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Once completed in February 2017, the improvements are expected to deliver roundtrip latency of 119.68 milliseconds, compared to latency of 121.45 milliseconds over Perseus’ existing route between Chicago and Tokyo. The vendor is calling the upgraded route Pacific Express, and by extension will offer lower latency connectivity to other Asia-Pacific market centers, such as Singapore, Hong Kong, Shanghai, Sydney and Mumbai from Chicago, and via Perseus’ existing networks from Chicago to New York an