Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, has announced earlier today that it has enhanced its high-speed network performance.
The company has teamed up with Hong Kong Exchanges and Clearing Limited’s (HKEX) and joined its ecosystem of network service providers to offer the market’s lowest latency route between London and Hong Kong.
Avelacom has added another point of presence (PoP) in Hong Kong at HKEX’s colocation data centre in order to facilitate essential low latency access to HKEX markets for financial services firms across Europe. The new POP will allow the setup of broker-neutral, low latency connectivity to the HKEX trading environment. This is particularly valuable for market participants using high-speed algorithms such as for market making and arbitrage strategies.
Avelacom has also completed significant network improvements that have enabled reduced latency between London and Hong Kong, with increased speed of up to 10.9 milliseconds.
Aleksey Larichev, CEO of Avelacom commented:
East Asia is a key market for us, with many opportunities for low latency connectivity and hosting offerings.
By combining network improvements with new PoP setup in HKEX data center, we’re providing world-beating low latency connections. This ensures improved services for Hong Kong’s well-established trading community, and access for traders across the world who have strong ties to Hong Kong including from London, Frankfurt, Singapore, Tokyo, Taipei, Sydney and Chicago.
Andy Lee, HKEX Head of Hosting Services, said:
We are very pleased to have Avelacom join as part of our Hosting Services ecosystem. Members of our ecosystem will be able to easily access Avelacom’s services through a direct cross connect.
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Avelacom joins HKEX’ ecosystem of network service providers was first posted on December 2, 2019 at 1:45 pm.