Avelacom Claims Fastest Nasdaq-Brazil Route for Data, Trading

Avelacom's CEO says the 18-month project was one of the hardest ever undertaken by the company due to challenges related to doing business in Brazil.

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Russian network provider Avelacom has created a low-latency route for market data distribution and order routing between Nasdaq’s datacenter in Carteret, NJ, and the co-location facility of Brazilian exchange group B3 in Sao Paulo, Brazil, ahead of a wider expansion of its connectivity in the Latin America region.

The new route uses 100% fiber cable undersea and overland and delivers roundtrip latency of 103.5 milliseconds between Carteret and B3. Avelacom CEO Aleksey Larichev says that this is

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