Avelacom Connects to BitMex
Posted by Colin Lambert. Last updated: February 23, 2022
Connectivity provider Avelacom has joined the BitMEX Partner Programme that provides traders with what it claims is “the most advanced crypto derivatives trading experience in the market”.
The firm has built low latency connections between BitMEX and other global markets, it explains, helping facilitate arbitrage trades and attract more trading firms to join cryptocurrency markets.
BitMex utilises AWS’ data infrastructure in Ireland, while Avelacom owns low latency routes across multiple global locations as well as direct connections with the AWS and Alibaba clouds. These provide a ready-made environment for real-time market data and order execution, the firms say.
“Since 2018, when the cryptocurrency environment started to attract institutional traders, our customer base has increased significantly,” says Aleksey Larichev, CEO of Avelacom. “Low latency access to BitMex is one of the most successful solutions in our portfolio, which we would like to develop and upgrade both from technical and business perspectives.”
Genia Mikhalchenko, vice president, spot exchange at BitMex, adds, “Avelacom laid the blueprint for how institutions should connect to crypto exchanges. Its network makes it easier for BitMex trading members to interact with our platforms as well as to access other global crypto markets, no matter where they are located – in public clouds or data centres.”