Avelacom has yet again expanded its high-speed network by partnering with another exchange. This time, the company has joined Hong Kong Exchanges and Clearing Limited’s (HKEX) ecosystem of network service providers in order to offer the lowest latency route between London and Hong Kong.
Under the agreement announced this Monday, Avelacom has added another point of presence (PoP) in Hong Kong, this time in HKEX’s colocation data center.
This PoP, in combination with network improvements, has enabled the company to provide reduced latency between London and Hong Kong, with an increased speed of up to 10.9 milliseconds, with the London (Interxion) to Hong Kong (HKEX) round trip taking 150.0 milliseconds.
Commenting on the announcement, Aleksey Larichev, CEO of Avelacom, said: “East Asia is a key market for us, with many opportunities for low latency connectivity and hosting offerings.
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“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.”
The new PoP in HKEX’s colocation data center will facilitate the setup of broker-neutral, low latency connectivity to the HKEX trading environment, the statement released today said. This is particularly useful for market participants using high-speed algorithms.
“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,” added Andy Lee, HKEX Head of Hosting Services.
Avelacom continues network expansion
Avelacom has been busy expanding its network and reducing latency for market participants. As Finance Magnates reported, the company has partnered with exchanges such as the Moscow Exchange (MOEX) and the Stock Exchange of Thailand (SET). The company has also been venturing further into the crypto space.