August 21, 2014 - Perseus Telecom, a leading provider of high-speed global connectivity, High Precision Time™ and Market-to-Market networks, announced today trading access and time verification is now available for Eris Exchange Swap Futures accessible at Equinix data centres in Chicago, London and Tokyo.

Eris Exchange is a leading open access futures exchange for interest rate risk management, and offers forward starting and spot starting interest rate swap futures contracts. Eris Exchange provides the flexibility of over-the-counter interest rate swaps in a futures construct with the risk mitigation of CME Clearing. By using the Perseus Market-to-Market Network trading, participants will enjoy extremely fast, reliable and secure connectivity to the Eris SwapBook™ electronic trading platform.

"Perseus is pleased to be recognized as a global network provider for Eris Exchange and together, with High Precision Time™ for regulatory compliance makes our overall offering unique, coupling trading with risk control already tested and deployed." says Dr. Jock Percy, Chief Executive of Perseus Telecom. "We connect leading investment banks, hedge funds and market makers for the fastest, most secure execution and our global managed service infrastructure, with the US Government timescale, adds key security & audit practices for risk-management standards, all delivered on a simple cross connect."

"Eris Exchange has spent years enhancing the distribution of our benchmark swap futures offering and we are well positioned to grow with innovative technology companies such as Perseus," says Michael Riddle, Chief Operating Officer of Eris Exchange. "We foresee increasing volumes and aligning with a leading global network provider demonstrates our focus on accelerating market growth. Through the Perseus High Precision Time™ offering, Eris Exchange trading firms have immediate access to respond to their regulatory requirements while adding business value to our diversified market."

"Innovation between leading companies such as Perseus Telecom and Eris Exchange demonstrates how interconnection feeds growth in the evolving OTC and listed derivatives ecosystem inside Equinix," said Barry Smith, Managing Director, Global Capital Markets, Equinix. "Close proximity between firms allows for the rapid creation and deployment of new services which give financial firms new abilities to enhance their strategies, comply with new regulation and remove costs from trading."

OATS 7430 COMPLIANCE: Under US Law 15 USC 273, only the US Government's NIST Laboratories can issue Time for commercial synchronization & application-evidence purposes.

All computer system clocks and mechanical time-stamping devices must be synchronized to any source within one second of the National Institute of Standards and Technology (NIST) standard. All of your clocks and time-stamping devices must remain accurate within a one-second tolerance of the NIST clock, including the difference between the NIST standard and a time provider's clock; transmission delay from the source; and the amount of drift of your clock.