It is now possible to trade directly into the order book of equity exchanges worldwide using our browser-based PureDeal platform.
PureDMA provides Direct Market Access (DMA) trading through our existing PureDeal platform. By offering direct access to major equity exchanges, PureDMA lets you:
- Trade inside the market spread by dealing straight into the order book
- Enter stock auctions, including those held outside of normal trading hours
- View market depth and liquidity with transparent Level 2 pricing
- Compare buying vs selling interest for indication of future stock directions
PureDMA combines the speed and simplicity of PureDeal with the increased control of DMA trading. Orders are placed in the market within seconds, and PureDMA automatically 'works' your order, providing 'partial fills' if the full volume is unavailable.
With PureDMA you can view the exchange order book, helping you to trade at the price and volume you require. Comparing live bid and offer volumes also provides a valuable indicator of future direction for your chosen stock.
For more information on DMA/Level 2 trading and how PureDMA works, please go to the Dealing Platforms section of the website.
Online Seminar
Our Head of Client Education, Adam Lewis, has recorded a live online seminar titled 'A Guided Tour of PureDMA' to help you get started. View now.
How do I activate PureDMA?
The option to enable DMA trading is activated when your PureDeal account reaches our minimum required balance of $5000. DMA functionality can be enabled from within the PureDeal platform. Simply click on My Account, then on Settings, and check your Preferences to activate PureDMA.
Please remember that DMA trading is not for everyone and that you should fully acquaint yourself with the implications of activating PureDMA before doing so.
Updated: 20/02/09