Global connectivity and IT infrastructure provider for the financial services industry, Avelacom, has just announced it is deploying a point of presence (PoP) at The Stock Exchange of Thailand’s (SET) data center facilities.
Earlier this year, the company added its third PoP in Tokyo and opened a new office in Singapore, managed by Gabriel Bassas, VP Sales for APAC.
Aleksey Larichev
Aleksey Larichev, CEO of Avelacom commented on the news:
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.
The newest PoP addition 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