Avelacom adds Chicago-Tokyo link expecting increased trading activity
Raleigh, North Carolina based financial connectivity and IT infrastructure provider Avelacom has announced the launch of a new Chicago <> Tokyo back-up route, supporting efforts to ensure robust trading systems among banks, exchanges and trading firms as they prepare for expected volatility in light of the upcoming US election.
The company said that the new back-up route is geographically diverse from the PC-1 submarine cable system used for most primary routes and has only a 5 millisecond difference in latency compared to the primary connection. This back-up route is therefore the fastest non PC-1 route and best placed to support clients experiencing problems with their primary route.
With increased trading and data transfer volumes, the biggest challenge during periods of high volatility is ensuring operational continuity and resiliency to unexpected halts as a result of network and hardware issues or outages. Even a one second outage can lead to significant losses, particularly during periods of high volatility. Avelacom’s high quality back-up routes, currently being boosted, are designed to ensure its clients experience no unplanned downtime and are able to continue to trade, with very low latency, no matter what.
Connectivity between US- and Asia-based exchanges is a particular focus as it is expected that this is where bursts of volatility will be seen. Reflecting this, the route will be also used to connect to other major Asian financial hubs – Hong Kong, Shanghai, Singapore, Taipei and Thailand.
Aleksey Larichev, CEO of Avelacom said:
“Financial markets can be extremely vulnerable during periods of high volatility and firms need to be able to rely on their infrastructure and back-up systems to sustain high performance. Avelacom is setting the standard for back-up routes to prevent outages and losses as a result of hardware failure or a severed cable. By proactively optimizing the trans-Pacific and North American terrestrial fiber routes, Avelacom provides fully protected network solutions to support a robust trading environment for latency sensitive financial institutions: banks, prop shops, hedge funds, brokerage firms.”
Avelacom is a high-performance connectivity and IT infrastructure solutions provider for the financial services industry. Its solutions are designed to improve market making, arbitrage and liquidity aggregation strategies, all of which are highly sensitive to latency, jitter and other data transfer issues. Avelacom’s flagship products include: ultra-low latency connectivity, co-location, Infrastructure-as-a-Service (IaaS), market data and order routing, which help to facilitate cross-border and multi-asset trading across equity, commodity, FX, crypto and derivatives markets.