Perseus Pushes Global ‘Spend Mobility’ Program
The program allows firms to reassign connectivity spend without penalty as they switch strategies between geographical markets.
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
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