Avelacom Partners with BEQUANT, Provides More Connectivity
Cryptocurrency exchange with prime brokerage services, BEQUANT, has teamed up with Avelacom to provider crypto market participants with faster access to the exchange’s market infrastructure, the companies announced in a joint statement this Friday.
The faster access will be provided via Avelacom’s low latency network. Under the agreement, BEQUANT’s colocation facilities and connectivity footprint will expand through a point-to-point fibre in Equinix’s LD4 data centre.
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The partnership gives BEQUANT’s professional trading clients more colocation and connectivity options both within and outside of the LD4 data centre. Furthermore, they will be able to receive real-time pricing data and place large volumes of orders at consistent millisecond speed by using the FIX protocol.
Commenting on the partnership, George Zarya, CEO of BEQUANT Exchange and prime brokerage services said: “Speed and efficiency of the trading infrastructure is a key step to bridging the gap between the traditional financial institutions and the crypto market.
“We are delighted to have agreed this partnership with IT Infrastructure providers, Avelacom. Both organisations are going through the same evolution pattern so it’s a great way to leverage each other’s brand and provide our users with a greater trading experience.”
Avelacom continues to expand crypto partnerships
BEQUANT is not the first crypto firm that Avelacom has partnered with. As Finance Magnates reported, Gemini Trust Company, LLC, a digital asset exchange and custodian, joined the connectivity and IT infrastructure provider’s list of crypto exchange technology vendors in Equinix’s NY5 data centre.
“Crypto is a key growth market for Avelacom and we see lots of opportunities across our entire solution suite,” added Aleksey Larichev, the CEO of Avelacom.
“We expect our partnership with BEQUANT will further support our efforts to expand our client base, particularly for those who want access to cryptocurrencies and those who are interested in leveraging their trading and enjoy better trading experiences in crypto.”
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