Ultra-low latency connectivity provider Avelacom has significantly reduced network latencies between European markets and key East Asian cities, including Tokyo, Shanghai, and Hong Kong. The company claims that it has set new speed records, with the round-trip latency for its London to Shanghai route now under 125 milliseconds, surpassing the previous industry benchmark of approximately 133 milliseconds.
The improved speeds on these long-distance and complex routes – spanning multiple countries between Europe’s hubs (London, Frankfurt, Dublin, Zurich) and the major East Asian hubs – were achieved through comprehensive network upgrades using cutting-edge technologies, according to the company.
The demand for routes between Europe and East Asia is increasing, fuelled by a rise in FX and cryptocurrency electronic trading volumes and heightened participation from institutional traders. London, as the world’s largest currency trading hub, and Tokyo, a primary centre for crypto trading and price discovery for digital assets, are critical nodes in this network. Avelacom’s network enhancements provide the necessary infrastructure to support the growing trading volumes by offering faster connectivity that is pivotal for the algorithmic strategies prevalent in these markets.
The announcement comes on the back of the company’s recent expansion of its network to include low-latency routes between Seoul, Hong Kong and Singapore, to service the region’s cryptocurrency exchanges.
Aleksey Larichev, CEO of Avelacom, commented: “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”
Upgrades to routes involving Seoul, Korea are slated to follow.
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