Avelacom Signs Agreement with CME Group to Become a Market Data Distributor
- Avelacom will now be able to provide capital market companies with real-time, delayed and end-of-day data.
Avelacom, a provider of Connectivity Connectivity Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Read this Term and infrastructure solutions to IT/telecom companies, has signed an agreement to become a CME Group market data distributor allowing Avelacom to provide real-time, delayed and end-of-day data.
The move means that capital market companies located in 30 countries across Europe, Russia and Asia will now be able to access the world’s leading and diverse derivatives market data.
Reliable Market Data
Commenting on the partnership, Aleksey Larichev, Avelacom Global Business development director, said: “We are delighted to announce our status as a distributor of CME Group market data, which enables us to add value to the trading community by delivering reliable market data around the world. Our distribution agreement with CME Group is completely in line with our long-term strategy to build a diversified portfolio and provide one-stop-shopping solutions that clients in the financial industry demand.”
Avelacom will deliver CME Group market data via its global, reliable low latency network. Because of its strong presence in China, India, Indonesia, the Middle East, Western Europe and Russia, Avelacom's market data services will be of interest especially to those with emerging markets portfolios.
As an example, a guaranteed round-trip-time between one of the most demanded destinations Shanghai – Chicago (Aurora) is now reported as 152.5 milliseconds.
Global Network
Avelacom’s global network is based on 100G coherent DWDM technology and covers Western Europe, Nordics, Baltics, Eastern Europe, Russia and Asia. With 45 points of presence across 30 countries, Avelacom's portfolio includes low latency and regular connectivity, Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term solutions, virtual and dedicated infrastructure, and network management services.
Avelacom, a provider of Connectivity Connectivity Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Read this Term and infrastructure solutions to IT/telecom companies, has signed an agreement to become a CME Group market data distributor allowing Avelacom to provide real-time, delayed and end-of-day data.
The move means that capital market companies located in 30 countries across Europe, Russia and Asia will now be able to access the world’s leading and diverse derivatives market data.
Reliable Market Data
Commenting on the partnership, Aleksey Larichev, Avelacom Global Business development director, said: “We are delighted to announce our status as a distributor of CME Group market data, which enables us to add value to the trading community by delivering reliable market data around the world. Our distribution agreement with CME Group is completely in line with our long-term strategy to build a diversified portfolio and provide one-stop-shopping solutions that clients in the financial industry demand.”
Avelacom will deliver CME Group market data via its global, reliable low latency network. Because of its strong presence in China, India, Indonesia, the Middle East, Western Europe and Russia, Avelacom's market data services will be of interest especially to those with emerging markets portfolios.
As an example, a guaranteed round-trip-time between one of the most demanded destinations Shanghai – Chicago (Aurora) is now reported as 152.5 milliseconds.
Global Network
Avelacom’s global network is based on 100G coherent DWDM technology and covers Western Europe, Nordics, Baltics, Eastern Europe, Russia and Asia. With 45 points of presence across 30 countries, Avelacom's portfolio includes low latency and regular connectivity, Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term solutions, virtual and dedicated infrastructure, and network management services.