Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, is adding the Brazilian Stock Exchange (B3)’s real-time market data to its service portfolio. This initiative reflects the strengthening demand to trade new markets, with Brazil ranked third (after China and India) among the most attractive markets that firms intend to engage with over the next year (according to the Acuiti’s survey commissioned by Avelacom).
This will provide investment banks and low latency trading firms with B3’s native market data feeds to markets in North America, EMEA and APAC via Avelacom’s 80+ global points of presence (PoPs). Firms will be able to improve price discovery and arbitrage strategies across all derivatives, as well as access B3 markets for trial purposes.
Aleksey Larichev, CEO of Avelacom commented on the news: “Expanding B3’s global reach is definitely a top priority”, said Alexandre Jahnecke, Superintendent of Technology Services at B3. “The combined services of B3 and Avelacom’s infrastructure will surely leverage B3’s internationalization plans, creating a better quality experience for our clients across key markets for market data, DMA and other trading and, eventually, post trade services.”
He added: “Brazil is one of the most commonly cited countries in which financial institutions are interested in starting operations over the next 12 months. Adding low latency access to the B3’s data centre for all key financial markets, combined with the existing hosting capabilities we provide in Sao Paulo, and the most direct fiber-optic routes between global exchanges all support the integration of Brazil’s markets for global traders,” said Aleksey Larichev, CEO of Avelacom.”
Avelacom is a high-performance connectivity and IT infrastructure solutions provider for the financial services industry. Its solutions are designed to improve market making, arbitrage and liquidity aggregation strategies, all of which are highly sensitive to latency, jitter and other data transfer issues. The company’s strength comes from its own global network that connects to an impressive 80+ liquidity sources offering best-in-market latencies and 99.9% uptime. Avelacom’s flagship products include: ultra-low latency connectivity, co-location, Infrastructure-as-a-Service (IaaS), market data and order routing, which help to facilitate cross-border and multi-asset trading across equity, commodity, FX, crypto and derivatives markets.