Avelacom Reports 35% Increase in Data Transferred Between Exchanges

Extreme market movements are driving market participants to use high speed strategies to keep pace. As a result Avelacom has announced a 35% increase in the volume of data transferred
March 20, 2020 - Editor

Extreme market movements are driving market participants to use high speed strategies to keep pace. As a result Avelacom has announced a 35% increase in the volume of data transferred between exchanges in March, with trading by FX and cryptocurrency clients driving much of this growth.

High speed strategies from banks, hedge funds, asset managers, broker dealers and proprietary trading firms all require high speed price discovery and immediate execution to take advantage of any price movement. Low latency global networks with best-of-breed hardware and sophisticated routes, such as provided by Avelacom on a global scale, facilitate this trading.

According to Avelacom it provides the following best-in market latency numbers (round-trip delay):

  • London, Equinix’s LD4 <> Tokyo, ATTokyo 142.1ms
  • Hong Kong, HKEX <> Equinix’s FR2 144ms
  • Dublin, AWS <> Tokyo, AWS 152.1ms
  • Chicago, ICE/Bakkt markets <> Hong Kong, Alibaba 161.31ms

 

Aleksey Larichev, CEO of Avelacom said: “Investors lose money when they lack knowledge of the market. There are lots of risks to consider in relation to this extremely volatile period that is spread across global markets. Our aim is to help financial services firms to get through all those price movements successfully, optimize the way they trade and get the best price when buying or selling financial assets.”


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