Avelacom to deploy LDA’s FPGA devices for HFT and algo trading

Rick Steves

Avelacom offers access to market data feeds across financial markets in London, Frankfurt, New York, Chicago and Tokyo and emerging markets in Eastern Europe, APAC, and Latin America.

Big Data represents the future of Risk Management

Avelacom has partnered with LDA Technologies to deploy FPGA-enabled devices across its network, which will result in lower latency, and improve HFT and algo trading firms’ performance.

LDA’s FPGA-enabled network devices perform extensive packet validation and switch in less than 50 nanoseconds, at least 3 times faster than conventional switches, while also improving the network efficiency by using innovative bandwidth management algorithms.

Avelacom will add these new hardware solutions in both its wireline and wireless networks to provide ultra-low latency exchange access and market data feeds across financial markets in London, Frankfurt, New York, Chicago and Tokyo and emerging markets in Eastern Europe, APAC, and Latin America.

Its deployment is likely to boost Avelacom’s competitive edge with market participants, especially the ones using high-frequency trading strategies, benefiting the most as market volatility increased volumes and competition.

Algorithmic trading strategies require nanosecond accuracy for market data and order entry transfer, such as needed by global market-making, arbitrage, and other high-performance trading desks.

Aleksey Larichev, Chief Executive Officer of Avelacom, said: “Avelacom’s aim has always been to deliver the highest network performance, using a combination of the shortest paths and in-hardware acceleration.

“This helps us to stand out as the leader in ultra-low latency solutions and meets the needs of global financial institutions that are trading across multiple trading venues and assets, and use latency sensitive strategies. We’ve launched our ultra-low latency solutions at a good time: with the growth of market volatility, our latency optimization is likely to be even more important.”

Vahan Sardaryan, Co-Founder and CEO of LDA Technologies, said: “Our FPGA-based hardware and IP are validated by professional trading community and known to provide the best-in-class latencies. Bandwidth management is a crucial part of any shared network, our solutions will help Avelacom to manage its network performance with the highest standards and lowest possible latencies, and create a huge potential for future technology upgrades.”

  • Read this next

    Digital Assets

    Japan Is Rapidly Emerging As A Global Leader In Compliant Crypto Payments

    Japan is often hailed as one of the most forward-thinking nations in the crypto industry, with its government taking a very positive stance on the potential of concepts such as Web3. 

    Digital Assets

    Kraken launches institutional arm

    “If you already work with Kraken, you know how much we care about offering high quality products and a client-first experience. We’ve been the leading crypto exchange for more than a decade and through Kraken Institutional, we’ll offer the same deep expertise and cutting-edge technology to propel trading excellence for institutions.”

    Fintech

    Centroid integrates with brokerage solutions provider GTN

    “We are thrilled to integrate GTN into Centroid Bridge, our multi-asset connectivity bridging engine. This integration allows our clients to gain access to the wide range of multi-asset products offered by GTN.”

    Podcasts, Women of the Industry

    FF Podcast delves into the rise of prop trading as Brokeree releases Prop Pulse

    In the latest FinanceFeeds Podcast, Tatiana Pilipenko discusses Prop Pulse, Brokeree Solutions’ platform for prop firms and retail brokers aiming to delve into prop trading. Offering a flat fee structure, Prop Pulse emerges as a scalable solution in an era where successful traders increasingly prefer prop firms over traditional retail brokers.

    Inside View

    Scalping or day trading?

    Among the many popular trading styles with both beginners and experienced traders are scalping, which allows you to extract small portions of profit from each price movement, and day trading, which aims to trade over a single day. In this article, you will learn what scalping and day trading are and their differences and peculiarities. Ultimately, you will learn what to look for to understand which trading style is right for you.

    Crypto Insider

    Unveiling Plasma Next: INTMAX’s Solution to Scale Ethereum with Stateless Layer

     INTMAX has launched Plasma Next on the mainnet α, a groundbreaking Layer 2 zkRollup, revealed by co-founder Leona Hioki at ETH Denver. This innovation offers scalability with constant costs per block, merging Plasma’s scalability goals with zkRollups’ security.

    Fintech

    Nuam selects Vermiculus for clearing system in Chile, Colombia, and Peru

    “We are proud to deliver a system that plays an integral role in the core of this historical merger, empowering one of Latin America’s most crucial markets with VeriClear’s state-of-the-art technology, together with our deep market expertise.”

    Retail FX

    Moomoo launches super app in Malaysia

    “As an investment platform connecting 21 million retail investors globally, we envision collaborating with exchanges, regulatory bodies, and partners in the visible future to become the gateway, connecting Malaysia’s investment products to global capital and investors.”

    Executive Moves

    FXPA elects Joe Hoffman as new Chair in its 10th anniversary

    “The opportunity to serve as Chair of the FXPA is truly an honor, and I am committed to upholding the exceptional work of a FXPA. Given the recent market fluctuations due to global tensions, inflationary pressures, shifts in monetary policy, as well as the outcome of the US election and the risk of recession, brings the potential for more FX volatility in 2024. I am dedicated to expanding the FXPA’s membership and I’m excited about collaborating with all members to echo the unified voice of the FX market.”

    <