Perseus Pushes Global ‘Spend Mobility’ Program

The program allows firms to reassign connectivity spend without penalty as they switch strategies between geographical markets.

alissa-potter-perseus
Alissa Potter, Perseus

The program means that customers of the vendor’s LiquidPath managed data connectivity service, which provides ultra-low latency connectivity to trading and market data, will be able to relocate that spend to other areas if their trading strategy changes. For example, if a client spends $10,000 a month in a specific market or geographic region, they can switch that spend to another region.

“As a result of the potential Brexit [slang for Britain exiting the European Union] and the fact that the ma

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