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Avelacom launches low latency route from Interxion London to emerging markets

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Avelacom has extended its low latency network and launched a new point of presence (PoP) to connect Interxion’s London data centre and Borsa Istanbul, making it easier for London’s capital markets players to enter emerging markets and exploit cross-venue arbitrage opportunities.

Interxion’s London data centre is home to an extensive financial services hub, made up of over two hundred market participants including key equity and commodity exchanges, PoPs for 12 major global execution venues as well as international banks, brokers and trading firms.
Financial markets firms using quantitative, high-speed trading strategies are now able to start trading Turkey’s capital markets with no CapEx investments in IT infrastracture. They can access real-time market data, ultra-low latency order routing, colocation and proximity hosting services, as well as pre-installed cross-connects with major brokers and liquidity providers.
Latency reduction between London and Istanbul was possible due to Avelacom’s PoPs’ proximity to trading venues at both ends, as well as optimised and shortened route distance via Frankfurt.
The roundtrip latency is now 40.66 ms for London to Istanbul.
“We see a growing interest from our high-speed trading clients in finding liquidity and new opportunities in multiple emerging markets. They require a ready-to-go IT infrastructure that would allow them to be faster and more cost-effective. We believe that our new point of presence in Istanbul will be of great interest to financial companies in London, in one of the world’s largest trading centres,” says Aleksey Larichev, Avelacom’s managing director.
Bill Fenick, Interxion’s strategy & marketing director, financial services, says: “Interxion’s London Campus is at the heart of European trading. This new route will provide our established capital markets community with improved access to multiple emerging markets such as Istanbul, enabling them to execute on their European trading strategies.”

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