Avelacom, a provider of connectivity and infrastructure solutions, has established a new point of presence (PoP) in Atman Data Center facility to improve customers’ access to the electronic systems of Warsaw’s exchanges.
The initiative is designed to provide access to a wide range of financial institutions in Poland over a low-latency network that also connects trading venues in Asia Pacific, Middle East, Europe, and North America.
Increasing demand from global investors to access emerging markets in Europe led Avelacom to extend its geographical reach via the new PoP in Warsaw, says the Russian low-latency network operator.
The new PoP is also aimed at expanding the number of options available for the financial services industry to speed up trading while identifying new arbitrage trading opportunities across key financial and derivatives markets.
The development will benefit HFT traders who will be able to turbocharge their trading through a super-fast connection that has lowered the latency between WSE and London’s LSE to 22.1 milliseconds.
EuropeFX Partners with Acuity for AI-Powered News Sentiment AnalysisGo to article >>
The new presence has also lowered the latency between WSE and Frankfurt FR2 to 13.6ms, while the transatlantic latency from WSE to New York has been reduced to 85.91ms.
The decrease in milliseconds is particularly important to banks, high-frequency trading (HFT) firms, FX related applications, and other financial organizations, that now have a super-fast single point of access to international trading opportunities.
Avelacom’s network stretches over 30,000 miles of long-haul fiber routes across Europe, Russia, Asia, North America, South Africa, and Australia. The company uses 100 Gbps coherent DWDM technology upgradable to 400 Gbps, providing an array of products which are available in more than 25 major trading venues and include superfast fiber routes to emerging markets, at-exchange co-location, ultra-low latency market data delivery and order routing, managed dedicated servers hosting, financial cloud, and other ready-to-trade solutions.
Aleksey Larichev, Avelacom’s Managing Director, commented: “Clients increasingly want to be able to trade multiple markets across a wide range of assets and geographical locations. They require a faster pace of global growth to source liquidity and diversify their business strategies. This is why we’re expanding our footprint to provide more cross-border opportunities for the financial industry. Warsaw Stock Exchange (WSE) is on the radar of global investors that’s why we are here to help companies to speed up their trading and enhance customer experience.”
Daniel Szcześniewski, Chief Marketing Officer of Atman, added: “Warsaw has become an important telecommunications hub in CEE region connecting the East and the West of Europe which is confirmed by many prestigious international carriers and content providers already present here for decreasing the connection’s latency. We are proud of our carrier-neutrality and happy to connect customers already attracted by Atman Data Center solutions with other market players helping to expand and develop their business.”