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Avelacom continues network expansion with new PoP in Thailand
Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, today announced it is deploying a point of presence (PoP) at The Stock Exchange of Thailand’s (SET) data center facilities. Sell-side and buy-side firms, inter-dealer brokers and market data vendors will benefit from reduced latency, improved traffic flow and more direct connectivity options when accessing Thai markets.
Driving this initiative is growing interest in Asian markets from global capital markets players and the arbitrage opportunities for equity derivative products between SET and other major exchanges. Low latency execution is required for the planned growth of intra-regional trading activity.
The addition of the new PoP allows Avelacom to provide its clients with high-speed and cost-efficient access directly to the SET Data Center.
The roundtrip latencies to Bangkok from one of the most popular trading venues via Avelacom’s network:
SET <> Singapore (SGX) – 26 ms
SET <> Hong Kong (HKEX) – 39 ms
Aleksey Larichev, CEO of Avelacom said: “Avelacom’s network has always been intended to serve latency sensitive clients by working with international institutions, accessing emerging markets, particularly on Asian trading venues. A PoP in Thailand further enhances our Asian presence and provides our clients with low-latency access to yet another growth market. We hope this will bring more global clients to SET and positively influence the exchange trading volumes.”
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