1 / 10

Advantages With Direct Market Access (DMA)

http://www.forexexplore.com/ - Direct market access or DMA is a method by which electronic trading transactions are purchased, sold or submitted directly in the stock exchange's order book.

forexexplore
Download Presentation

Advantages With Direct Market Access (DMA)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. What is Direct Market Access? Direct market access or DMA is a method by which electronic trading transactions are purchased, sold or submitted directly in the stock exchange's order book.

  2. Advantages with DMA With any new technology-driven modifications, there will be a lot of positives that make the changes worthwhile; here are a few of them.

  3. 1. Speed The time between placing orders and trades happening is greatly reduced, which allows the trader to make the best deal every time and make good use of short-lived opportunities.

  4. 2. Accuracy All of the processes are electronic, online and verifiable by the participant, so errors can be cut down. As long as the person operating is careful, there will be little to no chance of errors.

  5. 3. Price In a quote-based market the trader is a price taker, with no say on the amount, but in a order-driven market, they become price makers as they make offers before accepting quotes.

  6. 4. Better Strategy When the person making the trade has control over most of the buying and selling, there is a lot of opportunity for building and forming strategies as well as charting out plans detailing execution of orders.

  7. 5. Anonymity There is no need for any representative from the broker's side, keeping things completely anonymous.

  8. 6. Overheads Trades can be fixed and executed with nothing, but a trading system enabled computer. There is no need for a formal office, staff and other running costs.

  9. Visit Our Website : www.forexexplore.com

More Related