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Press Release -- March 5th, 2020
Source: avelacom
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Avelacom expands its footprint in Virginia to access Amazon AWS North America region

Avelacom makes it easier for institutions to exploit arbitrage and other latency sensitive strategies across a wider variety of cryptocurrency markets

Ashburn, Virginia, United States – 05 March 2020 – Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, has deployed a new point-of-presence (PoP) in Ashburn, Virginia, with direct connectivity to Amazon AWS US – East–1 region. Its AWS Ashburn to AWS Dublin, one of the most popular routes for cryptocurrency arbitrage, is now the fastest line available in the market at a guaranteed 65.3ms round-trip latency.

The new connection to AWS Ashburn provides greater geographical coverage and increased predictable performance for arbitrage strategies for Avelacom clients such as cryptocurrency hedge funds, asset managers, broker dealers and proprietary trading firms dealing with multiple global exchanges.

Amazon Web Services (AWS) is known for hosting the world’s leading cryptocurrency trading venues, making it essential for latency-sensitive firms to have close physical proximity to exchanges’ matching engines and fast and reliable connectivity between them. To keep up with this growing demand Avelacom has previously setup low latency connections to AWS locations in Dublin, London, Frankfurt, Tokyo, Hong Kong. These connections support improved price discovery and order execution.

Aleksey Larichev, CEO of Avelacom said: “Cryptocurrency trading is a very dynamic market, with high growth rates and is a key focus for Avelacom this year. A key driver of institutional adoption is IT infrastructure, which our solution portfolio and ready-to-go infrastructure provides. Our goal is to make markets more accessible and pave the way for greater number of market participants.”

Avelacom currently has more than 80 PoPs globally and connects all types of exchanges. Every aspect of the network architecture is optimized for law latency operations to meet the high standards required by capital markets.

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About Avelacom:

Avelacom’s low latency connectivity & IT infrastructure solutions are designed to improve market making, arbitrage and liquidity aggregation strategies, all of which are highly sensitive to latency. The company’s strength comes from its global network that connects to 80+ liquidity sources offering best-in-market latencies and 99.9% uptime. Avelacom’s points-of-presence are located in all major data centers and connected to AWS, Alibaba and Azure clouds. Avelacom helps to achieve sub-millisecond speed of market data and order execution across both derivatives exchanges and crypto markets.

www.avelacom.com

Contact details:

Michelle Gathercole
Brandex Financial
T - +44 7742 390629
E - michelle.gathercole@brandexfinancial.co.uk

Alina Karpichenko,

Avelacom

T - +7 915 403 85 37

E - a.karpichenko@avelacom.com

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