Shulou(Shulou.com)05/31 Report--

A new low-latency route has been established between Sao Paulo, Brazil (pictured) and New York, connecting the two countries' main financial exchanges.

This route, completed by Avelacom, is designed to process the large amount of data generated by "algorithmic trading" and provide the minimum latency required by institutional traders. It connects the B3 Stock Exchange of Brazil to the Nasdaq data center in Cartwright, New Jersey, via Avelacom PoP in two locations.

As a result, the delay increased to 103.5 milliseconds (round trip delay), which is what Avelacom calls "the fastest transfer of market data and execution of transactions between major financial markets in North America and Latin America."

Aleksey Larichev, CEO of Avelacom, said: "with this new Brazil-US route, we will expand our network coverage and have new opportunities to expand our business to serve a growing number of customers looking for trading opportunities in these markets.

"We have six years of experience in using optical fiber technology to build shorter, novel and unique paths. our connectivity solutions enable trading companies to take full advantage of the network and information technology infrastructure to improve transaction performance."

This route connects two Avelacom service points: between the hosting facility in B3 and Cartwright, New Jersey, the data center of Nasdaq. Avelacom said the route was "well suited for managing peak bandwidth demand" because of increased trading volumes and market volatility.

The news was confirmed when Avelacom made its debut in Brazil earlier this month. At the time, Avelacom said it would launch its low-latency network, market data, and infrastructure as a service (IaaS) solutions for B3 market participants.

Speaking of development, Larichev said: "with the increase in volatility, investors have developed a new interest in the Brazilian market. In the process of exploring these opportunities, we provide our customers with convenient solutions."

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