Avelacom, a provider of connectivity and infrastructure solutions, announced this Tuesday that it has opened its third point of presence (PoP) in Tokyo, allowing the company to deliver ultra-low latency to firms trading in Japan’s capital markets.
The new PoP is at the AT TOKYO Premium Colocation Space and was established to meet the growing demand from Avelacom’s clients operating or based in the Asia Pacific (APAC) region.
According to the statement released by Avelacom today, the company has seen double-digit growth in new business volumes coming from APAC. This growth is driven by a demand for connectivity services between APAC trading venues and exchanges, the company said.
The addition of the PoP brings the total up to three for Avelacom in Tokyo. Now, clients wanting access to Japan’s foreign exchange (Forex ), commodity, stock, cryptocurrency and derivatives markets have three services to choose from.
Avelacom also has a PoP in Equinix’s Tokyo (TY3) International Business Exchange Data Center , which was launched in November of last year, as Finance Magnates reported. This PoP gave trading firms faster connectivity between TY3 and Equinix’s London (LD4/5) data center facilities.
Specifically, the statement released at the time by Avelacom said that the new route between London and Tokyo delivers the lowest latency in the market, with a round trip taking 145.3 milliseconds.
Commenting on the new PoP in Tokyo, Aleksey Larichev, Avelacom’s Managing Director said: "Our clients keep asking us to expand our presence in Tokyo, as they desire professional-grade services capable of supporting multi-asset trading in Japanese markets. With our new PoP in the AT TOKYO Premium Colocation Space we add more capabilities for low latency sensitive clients.”
Avelacom to Expand its Product Offering Further in APAC
In addition to the new PoP in Tokyo, Avelacom is also developing its services further in the region to support global and intra-Asia trading, the company said. This is to address an increased interest amongst its institutional clients in the Asian Capital Markets.
