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General TradingD
Direct Market Access (DMA)
Direct Market Access (DMA) is a trading method that allows traders to place orders directly into an exchange's order book without intermediary intervention by a broker's dealing desk. It provides faster execution, greater transparency, and access to real-time market depth.
Example
“The algorithmic trading firm used direct market access to place orders directly on the exchange within microseconds, gaining a speed advantage over retail traders.”