Object Trading Lays Out Rules for DMA
In a white paper to be published in the upcoming weeks, direct market access (DMA) provider Object Trading suggests ten questions that clients should be asking their DMA provider. Although the paper has not been completed, managing director Steve Woodyatt teased a couple of the questions.
One is, how many hops are there to market? A typical screen vendor, he says, promises to flip a switch and turn on direct access to liquidity pools. But their direct access isn't so direct after all.
"The
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