AVELACOM EN­TERS INTO DGCX PART­NER­SHIP

Capacity - - Middle East -

Rus­sian low-la­tency net­work op­er­a­tor Avelacom has en­tered into a part­ner­ship with Dubai Gold & Com­mod­ity Ex­change (DGCX), re­duc­ing the la­tency to a wide range of global des­ti­na­tions.

Avelacom will pro­vide DGCX mem­bers with added con­nec­tiv­ity choices and in­fra­struc­ture so­lu­tions, ex­pand­ing op­tions for the fi­nan­cial ser­vices in­dus­try to speed up their trad­ing and iden­tify new ar­bi­trage trad­ing op­por­tu­ni­ties across key fi­nan­cial and com­mod­ity de­riv­a­tives mar­kets.

The ar­chi­tec­ture of Av­ele­com will in­clude ad­di­tional band­width with low la­tency, high fre­quency trad­ing host­ing ser­vices and colo­ca­tion in close prox­im­ity to ex­change match­ing en­gines. Cus­tomers can gain faster ac­cess to in­ter­na­tional mar­kets via Avelacom’s ready-built 30,000 miles global fi­bre in­fra­struc­ture.

“We are ex­cited to ex­tend our foot­print into Dubai. DGCX is one of the most dy­namic de­riv­a­tives ex­change in the Mid­dle East and we see plenty of scope for fur­ther de­vel­op­ment,” said Alek­sey Larichev, man­ag­ing di­rec­tor of Avelacom.

“We in­tend to ser­vice the re­quire­ments of our ex­ist­ing client base as well as to win new busi­ness in the Mid­dle East be­cause of the ris­ing de­mand for low la­tency con­nec­tiv­ity and in­fra­struc­ture so­lu­tions for trad­ing.”

Gau­rang Desai, CEO of DGCX, added: “We are very happy to wel­come Avelacom as a con­nec­tiv­ity part­ner. Our part­ner­ship with Avelacom con­tin­ues to en­dorse our com­mit­ment to of­fer our mem­bers global ac­cess to the world’s lead­ing trad­ing tech­nol­ogy so­lu­tions. This en­hances our global con­nec­tiv­ity which we have been steadily ex­pand­ing vide our al­liances over the last few years.”

The Du­bia Gold & Cur­rency ex­change has en­tered a part­ner­ship with Avelacom to pro­vide ad­di­tional con­nec­tiv­ity choices and in­fra­struc­ture so­lu­tions for fi­nan­cial ser­vices in­dus­try

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