- The latest network upgrades, new partnerships and connectivity solutions have been launched and aimed for the financial services companies, interested in the region’s capital markets
London, United Kingdom –– 11 August 2022 –– Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets today announces new optimised routes on its network to Istanbul (Bursa Istanbul), Riyadh (Saudi Stock Exchange, Tadawul) and Tel Aviv (Tel Aviv Stock Exchange, TASE). These new routes will encourage global traders to accelerate their presence in the region for continuous hedging and repositioning.
The new connectivity portfolio includes three flagship routes:
London <> Riyadh with less than 80ms*, round-trip delay,
New York <> Tel Aviv with less than 117ms*, round-trip delay,
Frankfurt <> Istanbul with less than 32ms*, round-trip delay.
Commodities and energy asset classes have been strong performers during 2022 and financial services firms are looking for new opportunities and new markets in which to trade these asset classes. Until now, smaller markets in the region were not sufficiently covered by third-party vendors thatbrought low latency solutions and tools to these markets. By optimising latency across the region, Avelacom will have a first-mover advantage in attracting financial services firms that operate algorithmic trading and require ready-to-go low latency network infrastructure and managed services.
Aleksey Larichev, CEO of Avelacom said: “As a connectivity provider for the financial services industry we need to identify new trends quickly. This allows us to connect to growing trading venues using our built-and-ready low latency infrastructure and established partnerships. This is how we see our leadership role: bringing the lowest latencies and network performance benchmarks to new markets.”
*Average latency
Aleksey Larichev, CEO of Avelacom
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About Avelacom:
Avelacom’s low latency connectivity, IT infrastructure and data solutions improve market making, arbitrage and liquidity aggregation strategies, all of which are highly sensitive to latency. It provides access to 80+ liquidity centers offering best-in-market latencies and 99.9% uptime. Covering a wide variety of exchanges including equity, FX, commodity, crypto and derivatives, Avelacom’s solutions are asset neutral.
The company is particularly well known for offering the lowest latencies to/from APAC, LATAM, the Middle East, South Africa and eastern Europe. The company’s strength comes from its own global network based on both fiber and wireless technologies.
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