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Press Release -- October 19th, 2018
Source: avelacom
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Avelacom Extends Ultra Low Latency Connectivity to South African Capital Markets

Moscow & London, October 18, 2018 – Avelacom, the high-performance connectivity and IT infrastructure solutions provider for the financial services industry, today announced that it has extended its connectivity offerings to South Africa, enabling trading firms to access the Johannesburg Stock Exchange (JSE) in a fast and reliable way. Global banks, HFTs and hedge funds accessing the JSE can now obtain ultra-low latency market data and order handling with microsecond timestamps.

Avelacom has launched a long-haul fibre route between London (LD4) and the JSE through its new point-of-presence (PoP) in Johannesburg. Its primary path connects London and Johannesburg along the west coast of Africa, delivering 155.8 milliseconds round-trip latency.

Avelacom also uses Africa's east coast cables to back up almost 100G of data to and from the JSE.

“We have closed the quality gap in connectivity between London and Johannesburg, which was previously a barrier to trading volume growth. Our main focus was to create backup connections which allowed us to reach 99.9% uptime guarantee and meet the expectations of our global financial institution clients,” said Aleksey Larichev, Avelacom’s Managing Director.

Avelacom is currently exhibiting at the FIA Expo in Chicago.

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About Avelacom:

Avelacom is one of the leading network service providers specialising in low latency connectivity and IT-setup solutions. The company was set up in 2001. Today its network stretches more than 30,000 miles of long-haul fibre routes across Europe, Asia, North and South America, South Africa and Australia. Avelacom uses leading edge 100 Gbps coherent DWDM technology upgradable to 400 Gbps. The company’s flagship products are available in 40+ trading venues and include: high-speed routes between exchanges, co-location and proximity hosting, real-time market data delivery and ultra-low latency order routing, financial cloud and other ready-to-trade solutions. The offices are located in Moscow and London.

Contact details:

Alina Karpichenko,
Avelacom
T - +7 915 403 85 37
E - a.karpichenko@avelacom.com

Jake Smith
Brandex Financial
T - +44 7860 779802
E - jake.smith@brandexfinancial.co.uk

Michelle Gathercole
Brandex Financial
T - +44 77 4239 0629
E – michelle.gathercole@brandexfinancial.co.uk

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