Avelacom has reduced network latencies between European markets and major East Asian cities Tokyo, Shanghai and Hong Kong with the latency for the London-Shanghai now less than 125ms compared to the previous industry benchmark of approximately 133ms.
These speeds were achieved through network upgrades that were completed using new technologies on these long-distance and complex routes, which travel through multiple countries.
Europe to East Asia routes are growing in demand, driven by increased FX and crypto electronic trading volumes, as well as increased participation from institutional traders. London is the world’s largest currency trading hub.
The improvement in network infrastructure achieved by Avelacom’s upgrades supports this growth in trading volumes by providing faster connectivity. Routes into and out of Seoul, Korea will be the next to be upgraded.
In a press statement, Aleksey Larichev, CEO of Avelacom, said: “Fast is never done because we serve global banks and prop trading firms that deploy sophisticated market-making and arbitrage strategies. We’ve built our reputation by introducing unique, proprietary, and fastest connectivity options, tailored for the financial industry. Constantly updating network latencies is a significant part of our overall business success”.
