Marco Polo New World Blazes Trail to Emerging Markets09.30.2013
Perseus Telecom and Marco Polo Securities have launched a trading company that targets connectivity to emerging markets.
Marco Polo New World, as the new company is known, has in place a global electronic trading platform which currently provides connections to 70 plus countries representing more than 100 markets. This trading platform has an extensive global network of broker dealers and asset managers that enjoy neutrality and flexibility, all whom are backed by an experienced and knowledgeable service team that works around-the-clock.
‘Defining global trading solutions’ is central to the Marco Polo New World value proposition. “Our New World brand name, and even our logo, is based on innovation, technology, and connectivity. This core value reinforces what we are committed to deliver to our global customer base,” said Kamran Rafieyan, director of Marco Polo New World. “With the new leadership in place our firm can deliver a higher level of service for our current and future customers.”
Perseus had acquired Marco Polo Securities in June 2013, and its networking strength is underpinning the company. Prior to the formation of Marco Polo New World, Marco Polo Securities had been relying on a legacy architecture that was replaced by Perseus following its acquisition.
“Establishing network connectivity to over a hundred countries and markets had been costly with our legacy infrastructure,” said Anthony Orantes, managing director of Marco Polo New World. “Perseus saw an opportunity to allow its clients to not only ride the Perseus infrastructure, but to gain FIX normalization and access to emerging markets.”
Perseus provides network and infrastructure to Marco Polo New World, resulting in significant advantages for the firm and its customers. In addition to more efficient operations for the company, by utilizing the Perseus ultra-low latency network, Marco Polo New World customers will benefit from increased trading speeds.
“Perseus Telecom is a global market-to-market exchange connectivity provider with the lowest latency available, and it is now supercharging the Marco Polo New World platform,” said Dr. Jock Percy, CEO of Perseus Telecom. “Perseus serves a significant number of trading firms, exchanges and technology providers with unsurpassed speed and precision.”
“Customer feedback has been phenomenal throughout the Marco Polo New World launch. We have strong support and backing by Perseus Telecom, which helps our customers take advantage of the Perseus global ultra-low latency connectivity to exchanges and trading venues,” said Orantes. “We also selected a world-class management team comprised of executives with significant experience operating in global markets, who understand market structure, advanced technology, and electronic exchange trading.”
With the new management team of Dr. Jock Percy, Marco Polo New World chairman, Cliff Goldman, CFO and President of Marco Polo Securities, Anthony Orantes, Managing Director Sales, and newly appointed Kamran Rafieyan, director of Marco Polo New World, the company’s vision is being executed by a team of trusted, experienced, and performance-driven partners. Under the guidance of this leadership, Marco Polo New World will work closely with its customers to help them navigate through the array of complexities in today’s global trading markets.
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