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- Avelacom will provide a one-stop shop for low latency connectivity, IT infrastructure and market data solutions for pre-trade and execution on CEDX
Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, today announces the launch of its IT setup solutions to access Cboe Europe Derivatives (CEDX), a pan-European equity derivatives marketplace.
Avelacom’s point-of-presence (PoP) in Equinix LD4 is now directly connected to CEDX’s infrastructure. This means fast time to market and cost efficiencies for financial services firms interested in CEDX’s products. Avelacom’s PoP is also connected to 80+ trading venues through its global low latency network.
Avelacom’s infrastructure can be used for a variety of trading strategies on CEDX and all other major European exchanges.
CEDX enables participants to access a vibrant equity derivatives market through a single access point, creating efficiencies in trading and clearing. CEDX currently offers trading in futures and options based on Cboe Europe single country and pan-European indices.
Aleksey Larichev, CEO of Avelacom said: “We are excited to become a part of the Cboe Europe Derivatives ecosystem. The beauty of this marketplace is that it provides a one-stop shop for a variety of equity index futures and options and - as a technology vendor - we provide a one-stop shop from an IT infrastructure standpoint, including low latency connectivity, colocation, and real-time market data solutions. With the ease of access via just one cross-connect, market participants may access CEDX as well as other global exchanges. We anticipate that many of our customers from Asia will be particularly interested in getting exposure to pan-European products via just one venue, which CEDX offers.”
Iouri Saroukhanov, Head of European Derivatives, Cboe Europe, said: “We are excited that Avelacom has provided connectivity to CEDX. We look forward to its diverse customer base having access to CEDX and achieving the benefits provided by a modern, transparent and truly pan-European equity derivatives marketplace.”
Aleksey Larichev, Avelacom
