Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, has deployed a new point-of-presence (PoP) in Ashburn, Virginia, with direct connectivity to Amazon AWS US – East–1 region. Its AWS Ashburn to AWS Dublin, one of the most popular routes for cryptocurrency arbitrage, is now the fastest line available in the market at a guaranteed 65.3ms round-trip latency.
The new connection to AWS Ashburn provides greater geographical coverage and increased predictable performance for arbitrage strategies for Avelacom clients such as cryptocurrency hedge funds, asset managers, broker dealers and proprietary trading firms dealing with multiple global exchanges.
Amazon Web Services (AWS) is known for hosting the world’s leading cryptocurrency trading venues, making it essential for latency-sensitive firms to have close physical proximity to exchanges’ matching engines and fast and reliable connectivity between them. To keep up with this growing demand Avelacom has previously setup low latency connections to AWS locations in Dublin, London, Frankfurt, Tokyo, Hong Kong. These connections support improved price discovery and order execution.
Aleksey Larichev, CEO of Avelacom said: “Cryptocurrency trading is a very dynamic market, with high growth rates and is a key focus for Avelacom this year. A key driver of institutional adoption is IT infrastructure, which our solution portfolio and ready-to-go infrastructure provides. Our goal is to make markets more accessible and pave the way for greater number of market participants.”
Avelacom currently has more than 80 PoPs globally and connects all types of exchanges. Every aspect of the network architecture is optimized for law latency operations to meet the high standards required by capital markets.