- Backhaul network upgrade shortens fiber optic path lengths by up to 140 kilometers.
- Enhances network latency to major capital markets such as Turkey, United Arab Emirates, Saudi Arabia, India, Israel, Thailand, Taipei, and Japan.
Riga, Latvia – 4 December 2023 – Avelacom has completed its backhaul network upgrade, resulting in latency improvements from European and US exchanges to major exchanges in Asia and the Middle East.
Global institutional investors and professional traders, operating across multiple exchanges, will now experience faster market data feeds and order execution flow, which consequently allow for more sophisticated strategies, such as algorithmic arbitrage trading.
The upgraded network now has optimized connections to key financial hubs in the Middle East and East Asia. These include: Borsa Istanbul, Dubai Gold and Commodity Exchange (DGCX), Saudi Exchange/Tadawul, Tel Aviv Stock Exchange, Thailand SET, Taipei Futures Exchange (TAIFEX), and Japan Exchange Group (JSE) and various exchanges in India.
Avelacom provides direct access to these exchanges, offering low latency exchange connectivity, colocation, managed hosting, real-time market data feeds, and order flow. These exchanges are also interconnected to global FX, equities, commodities, and derivatives markets through Avelacom’s proprietary low latency network.
The optimization of fibre optic paths was made in the European network segment. This is essential for shaping the connectivity routes from both European and US markets to those in the Middle East and Asia. The shorter and more direct the cable, the faster and more reliable the data transmission.
Aleksey Larichev, CEO of Avelacom, said: “Institutional traders and investors are constantly looking to improve their connectivity to markets. Network latency is never just ‘a commodity’ for them. It’s a key concern as they operate across multiple, fast-moving markets where arbitrage opportunities must be seized instantaneously. We are constantly looking to optimize our network paths globally. Our London to Tokyo route has always been a flagship for Avelacom. It has now been upgraded once again, alongside other key markets in Asia, India, Turkey, and the Middle East.”
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About Avelacom:
Avelacom’s connectivity & IT infrastructure solutions are designed to improve market making, arbitrage and liquidity aggregation strategies, all of which are highly sensitive to network latency. Our strength comes from our global network, which features a robust 100G DWDM backbone core. We provide direct access to over 80 trading venues across EMEA, APAC, and the Americas. We help achieve sub-millisecond speed of market data and order flow across all asset classes such as equities, commodities, FX, crypto and derivatives.
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