Avelacom, a provider of connectivity and infrastructure solutions, announced this Thursday that it has launched a new point of presence (PoP) in Equinix’s Tokyo (TY3) International Business Exchange data center.
Now, trading firms have access to faster and sturdier connectivity between TY3 and Equinix’s London (LD4/5) data center facilities. According to the statement released by Avelacom, this new route between London and Tokyo delivers the lowest latency in the market, with a round trip taking 145.3 milliseconds.
London and Tokyo are both key foreign exchange (FX) markets. However, due to the significant geographical distance between the two cities, the route between the two has often been plagued with latency and redundancy issues. The decrease in milliseconds is particularly important to banks, high-frequency trading (HFT) firms, FX related applications, and other financial organizations.
According to Aleksey Larichev, the Managing Director at Avelacom, the average round-trip latency for this route is around 156 milliseconds. If market participants switch to the Avelacom network, they can take more than ten milliseconds off this time.
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“Connectivity is one of the key drivers for success in the electronic trading environment, and our London – Tokyo ultra-low latency offerings give companies a true competitive edge,” Larichev said.
Equinix has more than 200 data centers around the world which host above 1,800 network providers. The Avelacom network offers trading firms access to colocation facilities that are close to the largest financial exchanges and ECNs in the industry, via a cross-connect inside Equinix’s data centers.
Commenting on the announcement, Russell Poole, the Managing Director of Equinix UK added: “Platform Equinix is home to the world’s largest multi-asset trading venues and provides interconnection between ecosystem participants to accelerate business performance.
“Avelacom’s new PoP offers increased opportunities for FX market players, as latency sensitive traders access the London-Tokyo route.”