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March 12, 2021

Avelacom becomes a low latency connectivity provider for the London Metal Exchange (LME)

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, has become a connectivity provider for the LME, supporting LME members to use cross-market trading strategies more efficiently.

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, has become a connectivity provider for the LME, supporting LME members to use cross-market trading strategies more efficiently.

Avelacom’s network provides global coverage that includes most developed market exchanges, such as CME, with a particular focus on emerging markets, including exchanges in mainland China and India.

All these commodity and derivatives exchanges have products that are highly correlated, with opportunities for commodities arbitrage, making improved connectivity a key differentiator.

With Avelacom as an LME’s network provider, trading firms benefit from the lowest latencies between LME and other global commodity markets, connecting to market data and executing trades for all instruments across multiple commodity markets via a single cross-connect established at Interxion, the LME’s primary data centre.

Aleksey Larichev, CEO of Avelacom said: “Avelacom’s network and infrastructure has been designed for e-trading firms using latency sensitive strategies from the very beginning. There is a new generation of traders who will use sophisticated algorithms to trade commodity derivatives and who benefit from the best latencies via Avelacom. Clients need our services to improve arbitrage strategies and price discovery. With increased trading across multiple markets there’s a growing demand for broker-neutral ecosystems like Avelacom.”

 

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.


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