Avelacom Adds Third PoP in Tokyo
The new PoP will service clients looking to access Japan’s commodity and equity derivatives markets.
Low-latency network provider Avelacom is catering to the demands of market-makers, proprietary trading firms and investment bank trading desks interested in both local and global markets with the addition of a third point-of-presence (PoP) in Tokyo.
The AT TOKYO Premium Colocation Space PoP joins Avelacom's two existing PoPs at Equinix’s TY3 and at AT TOKYO’s Chuo Data Center (CC1).
Each data center has its own specificity. For example, Equinix’s TY3 data center mostly accesses foreign exchange electronic communications networks, while the AT Tokyo Premium Colocation Space accesses Japan’s commodity and equity derivatives markets. Alina Karpichenko, global marketing manager at Avelacom, says institutional players trade at multiple venues in multiple assets and they therefore have varying approaches to latency.
“By launching three PoPs in Japan, we provide our clients with access to all asset classes in line with their latency strategy in a highly efficient manner,” she says, adding that the new PoP provides firms trading in Japan’s capital markets with ultra-low latency access plus increased stability.
The Moscow-based provider has experienced double-digit growth in new business volumes in Asia-Pacific, driven mainly by demand for professional-grade connectivity services between the region’s trading venues and exchanges and those in Europe and the US. In November 2018, Avelacom shaved 10 milliseconds off existing connectivity between London and Tokyo, through a new route.
With this third PoP in Tokyo, Avelacom is able to serve clients looking to access Japan’s stock, commodity, forex, crypto, and derivatives markets regardless of how latency-sensitive their strategy or their physical location. Avelacom says it plans to continue developing its services in the region to support global and intra-Asia trading.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
New working group to create open framework for managing rising market data costs
Substantive Research is putting together a working group of market data-consuming firms with the aim of crafting quantitative metrics for market data cost avoidance.
Off-channel messaging (and regulators) still a massive headache for banks
Waters Wrap: Anthony wonders why US regulators are waging a war using fines, while European regulators have chosen a less draconian path.
Back to basics: Data management woes continue for the buy side
Data management platform Fencore helps investment managers resolve symptoms of not having a central data layer.
‘Feature, not a bug’: Bloomberg makes the case for Figi
Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.
SS&C builds data mesh to unite acquired platforms
The vendor is using GenAI and APIs as part of the ongoing project.
Aussie asset managers struggle to meet ‘bank-like’ collateral, margin obligations
New margin and collateral requirements imposed by UMR and its regulator, Apra, are forcing buy-side firms to find tools to help.
Where have all the exchange platform providers gone?
The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.
Reading the bones: Citi, BNY, Morgan Stanley invest in AI, alt data, & private markets
Investment arms at large US banks are taken with emerging technologies such as generative AI, alternative and unstructured data, and private markets as they look to partner with, acquire, and invest in leading startups.