That is what is called an electric blue acara in the trade and is now fairly commonly available today. It is a aquarium strain developed from the common blue acara. There is some claim or possibility that the electric blue gene comes from hybridizing the fish with an electric blue ram ( Microgeophagus ramirezi), though I don't think it is known for sure, whether or not this is the case.DJRansome said:Welcome to Cichlid-forum!
Electric blue cichlid is a marketing name used for several very different fish. Do you know the scientific name of this fish. It looks a little like Metriaclima greshakei also called ice blue but the shape of the tail isn't what I would expect.
The common blue acara is typically known in the hobby as Andinoacara pulcher, though we really don't know whether it really is, or not. The species is really not very distinguishable from A. coeruleopunctatus or A. latifrons or A. sapayensis.....so there is always the possibility that aquarium strain blue acara is one of these other blue acara species or even possibly a mix.
So really, probably better off to use a common name in the case of a man made color variety that we really don't even know the particular species for certain and on top of that might even be a hybrid with a ram cichlid.