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Documentation* Download Acrobat Reader. |
Direct Market Access (DMA)ROFEX modified its electronic trading platform so as to allow the use of new information technologies to facilitate Direct Access to the Market. This new tool, DMA (Direct Market Access), enables brokers´end customers (clients) to place an order directly on ROFEX. Through DMA, brokers may develop trading systems or hire them from independent software vendors. DMA enables:The end customer:To place its own orders, increasing control over them (modification, cancellation and/or confirmation). To promote the capture of business opportunities, from the analysis of the price conditions of different products and/or markets. The broker:To reach new clients at lower cost. To increase the efficiency of trade execution. To reduce operational errors, mainly those related to indirect order placing. ROFEX:To expand the distribution channel of its products. To align itself to the best business practices of the futures industry. Recommendations for risk control with DMA. Download the document with "Market Access Risk Management Recommendations" issued by FIA in April 2010.
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