Direct Market Access or “DMA” means an arrangement among a Sponsoring Broker, its Customer and BSEF that allows one or more representatives of that Customer to have Trading Access using the Participant ID of the Sponsoring Broker.

Direct Market Access or “DMA” means an arrangement by and between a Sponsoring Broker and its Customer in accordance with the Rules which permits one or more Authorized Traders of the Customer to access the MarketAxess SEF Trading System by means of the Trading Privileges granted to the Sponsoring Broker.

Direct Market Access means a service provided by a Member Firm through which a Customer is able to submit orders to the Trading System operated by the Exchange under the Member Firm’s trading codes and via the Member Firm’s order management system, but without manual intervention by the Member Firm, and where the Customer can exercise discretion regarding the exact fraction of a second of order entry and lifetime of the order within that timeframe;

Examples of Direct Market Access in a sentence

Customers (a) RESERVED (b) Any Person initiating or executing a transaction on, or subject to the Rules of, the MarketAxess SEF directly, through an intermediary pursuant to Rule 529 or via Direct Market Access, and any Person for whose benefit such a transaction has been initiated or executed, consents to the jurisdiction of the MarketAxess SEF.
For the purpose of this Part B of Chapter 6, “DMA Order” means a Direct Market Access order.
Direct Market Access The DMA model gives you access to trade the Underlying instrument on the relevant Exchange from which the CFD is then derived.
For the purpose of this Part B of Chapter 8, “DMA Order” means a Direct Market Access order.
Only the market data rules described on this Circular Letter, that refers to the Direct Market Access (DMA) model, are being replaced by this document.

More Definitions of Direct Market Access

Direct Market Access means an arrangement where a member or participant of a trading venue permits a person to use its trading code so the person can transmit orders electronically to the investment firm's internal electronic trading systems for automatic onward transmission under the investment firm's trading code to a specified trading venue;

Direct Market Access or “DMA” means an arrangement among a Sponsoring Broker, its Customer and BSEF that allows one or more

Direct Market Access means a service provided by a Member Firm through which a Customer is able to submit orders to the trading system operated by the Exchange under the Member Firm’s

Direct Market Access or “DMA” shall mean an arrangement whereby a Trading Participant’s client is permitted to enter orders to buy or sell securities including any modifications and cancellations directly into the PSE trade matching system for automatic execution without any intervention by the Trading Participant.

Direct Market Access means direct access to the SGX-ST trading system, being any electronic trading system for the automatic matching of orders designated and approved by SGX-ST for transactions on SGX-ST, via an SGX-ST provided or SGX-ST approved order management system through which orders are routed to the SGX-ST trading system;

Direct Market Access means any DEA arrangement that involves the use by a Person of the