Avelacom Connects London, NY, Chicago to Saudi Exchange
The connectivity will allow a more diverse range of market participants to connect to the exchange, officials say.
Roundtrip latency between Riyadh and Avelacom’s Point of Presence in Slough, UK is 78.4 milliseconds, and the network then connects onwards to Equinix’s datacenters in Seacaucus, NJ and CME Group’s co-location center in Aurora, Illinois. Roundtrip latency to New York is 142.22ms, and roundtrip latency to CME is 156.97ms.
“Interest until now has come from large financial institutions, mainly market makers, which already have a strong presence around the world. Saudi Arabia is still considered a
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