Avelacom Wins FX Markets e-FX Award for Best Connectivity Service
Avelacom has won its first FX-Markets Award for the best liquidity aggregator/connectivity services.
The FX Markets awards recognise the skill and creativity in the fast growing and changing world of e-FX. 2020 turned out to be a challenging year, with extraordinary volatility and record exchange-traded volumes globally.
Over the past 12 months Avelacom has focused on optimising the New York <> London <> Tokyo routes, to support the most popular FX arbitrage triangle among bank and non-bank financial institutions. The firm also provides optimal routes for price streams to/from Singapore, which has significantly increased in importance as Asia's e-FX hub.
Benefitting the global FX trading industry, Avelacom helps to improve network speed and connection consistency during peak hour data traffic volumes in particular - all of which is critical for best trade execution. With more than 80 points of presence Avelacom makes it easier to access new markets and diverse liquidity sources across APAC, EMEA and the Americas.
"Avelacom is proud to be recognised by the FX community, trading one of the most popular asset classes across market players.... This year has demonstrated the even greater importance of fast and robust network infrastructures to deal with volatility and take advantage of price movements," said Aleksey Larichev, CEO of Avelacom.
Future plans include further expansion of its network footprint and establishing new points of presence across FX trading venues. With Avelacom's ready-to-go global infrastructure global investors benefit from more accessible liquidity and trading opportunities.