Direct Market Access
Instinet, ULLINK establish Turquoise connectivity
Published on July 23, 2008.Two more firms have established links to Turquoise, a pan-European multilateral trading facility due to go live in August.
Competition for alpha fuels hedge fund trading needs – Celent
Published on July 23, 2008.Hedge funds are seeking more direct connectivity to execution venues as their search for alpha intensifies, according to Isabel Schauerte, an analyst in the securities and investments group at consulting firm Celent.
UPDATE: Morgan Stanley expects DMA to boost trading in India
Published on July 22, 2008.Trading volumes in India will increase as a result of the country introducing direct market access (DMA) trading on its two stock exchanges, according to Scott Field-Marsham, managing director and head of electronic trading in Asia at investment bank Morgan Stanley.
GL Trade’s Chinese hub supports market data, DMA services
Published on July 22, 2008.GL TRADE, a trading and connectivity solutions provider, has opened a Shanghai-based data centre to support its market data services and direct market access to A and B shares listed on China’s Shanghai and Shenzhen stock exchanges.
Morgan Stanley executes DMA trades in India
Published on July 21, 2008.Investment bank Morgan Stanley has executed its first direct market access (DMA) trades in India through its electronic trading platform. The firm’s first DMA trade was completed on 11 July.
First DMA trade executed on India’s NSE
Published on July 14, 2008.Asian equities brokerage BNP Paribas Securities Asia has executed the first full direct market access (DMA) order on the National Stock Exchange of India (NSE).
OTKRITIE offers DMA over Fidessa’s global network
Published on June 18, 2008.Russian investment bank OTKRITIE Financial Corporation has joined trading technology firm Fidessa's global connectivity network.
SAVVIS offers proximity hosting for LSE users
Published on June 10, 2008.SAVVIS, an IT infrastructure services provider for business applications, is to provide a proximity hosting service, offering access to the London Stock Exchange (LSE) for member firms, hedge funds, market data vendors and the automated trading community.
Hong Kong regulator confronts challenge of electronic trading
Published on June 4, 2008.Martin Wheatley, chief executive of the Hong Kong Securities and Futures Commission, has acknowledged that alternative trading venues are a global trend with which individual regulators need to engage.
Townsend’s EMS to access TD Securities’ algorithms
Published on June 4, 2008.Trading solutions provider Townsend Analytics has integrated broking firm TD Securities’ algorithms and electronic execution services for Canada and the US into its RealTick execution management system.
