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Avelacom deploys new point of presence (PoP) at Bursa Malaysia

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Avelacom, a low latency connectivity, IT infrastructure and data solutions provider for global financial markets, has deployed its point-of-presence (PoP) at Bursa Malaysia to extend its network footprint into the country’s capital markets.

Avelacom, a low latency connectivity, IT infrastructure and data solutions provider for global financial markets, has deployed its point-of-presence (PoP) at Bursa Malaysia to extend its network footprint into the country’s capital markets.

2021 saw record derivative volumes traded on Bursa Malaysia with 18.4 million contracts traded in 2021, building on the previous record high of 18.2 million contracts registered traded in 2020.

Avelacom is seeing growing interest from electronic market makers and arbitrage trading firms towards many Asian markets. Avelacom recently set up a point-of-presence in Bangkok at the Stock Exchange of Thailand (SET), extended its partnership with Singapore Exchange (SGX) to broaden its colocation and connectivity services portfolio and became a Japan Exchange Group (JPX) arrownet-Global Partner Network provider.

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