Bequant, a cryptocurrency exchange with prime brokerage services, is now offering crypto market participants faster access to its market infrastructure via Avelacom’s low latency network.
Avelacom is a provider of global connectivity and IT infrastructure. Through this initiative, Bequant’s colocation facilities and connectivity footprint globally will be increased through a point-to-point fiber in Equinix’s LD4 data centre, providing proximity and low latency connections between both companies’ networks.
In turn, this will provide Bequant’s professional trading clients, including investment banks, hedge funds and other proprietary traders using algorithmic trading strategies with more colocation and connectivity options both within and outside of the LD4 data centre.
Clients will be able to receive real-time pricing data and place large volumes of orders across various crypto markets at consistent millisecond speed while using the industry benchmark protocol – FIX.
George Zarya, CEO of Bequant, says: “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.”
Aleksey Larichev, CEO of Avelacom, adds: “Crypto is a key growth market for Avelacom and we see lots of opportunities across our entire solution suite. 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.”