Avelacom Partners with BEQUANT, Provides More Connectivity

Cryptocurrency exchange with prime brokerage services, BEQUANT, has teamed up with Avelacom to provider crypto market participants with faster access to the exchange’s market infrastructure, the companies announced in a joint statement this Friday.

The faster access will be provided via Avelacom’s low latency network. Under the agreement, BEQUANT’s colocation facilities and connectivity footprint will expand through a point-to-point fiber in Equinix’s LD4 data center.

The partnership gives BEQUANT’s professional trading clients more colocation and connectivity options both within and outside of the LD4 data center. Furthermore, they will be able to receive real-time pricing data and place large volumes of orders at consistent millisecond speed by using the FIX protocol.

Commenting on the partnership, George Zarya, CEO of BEQUANT Exchange and prime brokerage services, said: “Speed and efficiency of the trading infrastructure is a key step to bridging the gap between the traditional financial institutions and the crypto market."

“We are delighted to have agreed this partnership with IT Infrastructure providers, Avelacom. Both organisations are going through the same evolution pattern so it's a great way to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term each other's brand and provide our users with a greater trading experience.”

Avelacom continues to expand crypto partnerships

BEQUANT is not the first crypto firm that Avelacom has partnered with. As Finance Magnates reported, Gemini Trust Company, LLC, a digital asset exchange and custodian, joined the connectivity and IT infrastructure provider’s list of crypto exchange technology vendors in Equinix’s NY5 data center.

“Crypto is a key growth market for Avelacom and we see lots of opportunities across our entire solution suite,” added Aleksey Larichev, the CEO of Avelacom.

“We expect our partnership with BEQUANT will further support our efforts to expand our client base, particularly for those who want access to Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term and those who are interested in leveraging their trading and enjoy better trading experiences in crypto.”