About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Avelacom Enhances Network Latency Between Europe and East Asia

Subscribe to our newsletter

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.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Trade the Middle East & North Africa: Connectivity, Data Systems & Processes

In Partnership With As key states across the region seek alternatives to the fossil fuel industries that have driven their economies for decades, pioneering financial centres are emerging in Egypt, United Arab Emirates (UAE), Saudi Arabia and beyond. Exchanges and market intermediaries trading in these centres are adopting cutting-edge technologies to cater to the growing...

BLOG

Nasdaq Suspends High-Speed Trading Service Amid Regulatory Scrutiny

Nasdaq has halted a high-speed trading service following concerns raised by competitors and regulatory scrutiny from the U.S. Securities and Exchange Commission (SEC). The service, which offered select clients access to lower-latency hollow-core fiber optic cables, was not publicly disclosed and had not undergone the SEC’s rule-filing process. Low-latency network provider McKay Brothers brought the...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Institutional Digital Assets Handbook 2024

Despite the setback of the FTX collapse, institutional interest in digital assets has grown markedly in the past 12 months, with firms of all sizes now acknowledging participation in some form. While as recently as a year ago, institutional trading firms were taking a cautious stance toward their use, the acceptance of tokenisation, stablecoins, and...