Avelacom, a provider of connectivity and infrastructure solutions to IT/telecom companies, has entered into a partnership with Singapore Exchange (SGX) which aims to improve accessibility of low latency applications that are in high demand among hedge funds, trading firms, investments banks both within and outside the APAC region.
Avelacom’s network comprises of the most direct, low latency fiber routes with Singapore. By setting up a new point of presence in SGX Data Centre, Avelacom leverages its connectivity offerings across major trading hotspots in Asia and beyond.
As a result, SGX’s members can benefit from more diverse and reliable low-latency solutions including ultra-low latency market data delivery and order routing, cross-connect opportunities and cloud strategies.
The partnership between Avelacom and SGX delivers the fastest fibre routes with the lowest round-trip delay latency as follows:
Stocks to Watch This Week – Expedia Group, IncGo to article >>
Aleksey Larichev, Avelacom’s Business Development Director commented, “We are glad to be a part of SGX’s financial ecosystem and bring our low-latency expertise and variety of connectivity solutions. The partnership with SGX is a big step for us towards positioning Avelacom as one of the key service providers for the financial industry globally.”
Avelacom’s network stretches over 30,000 miles of long-haul fibre routes across Europe, Russia, Asia, North America, South Africa and Australia and is based on 100G coherent DWDM technology.
The company, whose portfolio includes low latency and regular connectivity, cloud solutions, virtual and dedicated infrastructure and network management services, recently signed an agreement to become a CME Group market data distributor to provide capital market companies with real-time, delayed and end-of-day data.
Ng Kin Yee, Head of Market Data & Connectivity at SGX added, “We welcome Avelacom to our growing list of partners offering connectivity to international investors through SGX’s co-location. Avelacom will add to the diversity of our co-location community and enhance SGX’s role as the trading venue of choice for their clients”.