Avelacom expands its co-location footprint by setting up in Singapore Exchange’s (SGX)
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A new partnership between Avelacom and SGX aims to improve accessibility of low latency applications that are in high demand among hedge funds, trading firms, investments banks both within and outside the APAC region.
Avelacom’s network comprises of the most direct, low latency fiber routes with Singapore. By setting up a new point of presence in SGX Data Centre Avelacom leverages its connectivity offerings across major trading hotspots in Asia and beyond. As a result, SGX’s members can benefit from more diverse and reliable low-latency solutions including ultra-low latency market data delivery and order routing, cross-connect opportunities, cloud strategies.
The fastest fibre routes with the lowest round-trip delay latency have been launched as an outcome from the partnership between Avelacom and SGX:
Singapore (SGX) – Shanghai (SHFE) – 60,5 ms
Singapore (SGX) – Mumbai (BKC) – 52,9 ms
Singapore (SGX) – Dubai (DGCX) – 78,9 ms
Singapore (SGX) – London (LSE) – 155,0 ms
«We are glad to be a part of SGX’s financial ecosystem and bring our low-latency expertise and variety of connectivity solutions. The partnership with SGX is a big step for us towards positioning Avelacom as one of the key service providers for the financial industry globally”, said Aleksey Larichev, Avelacom’s Business Development Director.
“We welcome Avelacom to our growing list of partners offering connectivity to international investors through SGX’s co-location. Avelacom will add to the diversity of our co-location community and enhance SGX’s role as the trading venue of choice for their clients”, said Ng Kin Yee, Head of Market Data & Connectivity at SGX.