Avelacom to provide low latency connectivity to the London Metal Exchange

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, has revealed it has become a connectivity provider for the LME, supporting LME members to use cross-market trading strategies more efficiently.

Avelacom’s global coverage includes most developed market exchanges, such as CME, with a focus on emerging markets, including exchanges in mainland China and India.

Those commodity and derivatives exchanges have correlated products with opportunities for commodities arbitrage, making improved connectivity a key differentiator.

Avelacom to provide low latency connectivity to the London Metal Exchange

With the new partnership, trading firms using Avelacom’s network, firms benefit from low latencies between LME and other global commodity markets, connecting to market data and executing trades for all instruments across multiple commodity markets via a single cross-connect established at Interxion, the LME’s primary data centre.

Aleksey Larichev, CEO of Avelacom said:

Avelacom’s network and infrastructure has been designed for e-trading firms using latency sensitive strategies from the very beginning. There is a new generation of traders who will use sophisticated algorithms to trade commodity derivatives and who benefit from the best latencies via Avelacom. Clients need our services to improve arbitrage strategies and price discovery. With increased trading across multiple markets there’s a growing demand for broker-neutral ecosystems like Avelacom.

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