What is Direct Market Access (DMA)?
Electronic facilities that allow traders to interact directly with the order book of an exchange.
In-Depth Explanation
Practical Example
"Advanced CFD traders use DMA to see the full depth of the order book before entering."
Related Terminology
ECN Broker
Electronic Communication Network; a broker that connects retail traders directly to Tier 1 liquidity providers.
Order Book
An electronic list of buy and sell orders for a specific security or financial instrument, organized by price level.
Execution
The completion of a buy or sell order in the market.
Bull Market
A market condition where prices are rising or expected to rise.
Tradeable Instruments Affected
Tactical How-To Guides
How to Start Trading in the UK — Step by Step
Learn how to start trading in the UK. A complete step-by-step guide covering regulation, choosing a broker, and placing your first trade safely.
How to Day Trade — Step by Step
Master the art of day trading. Learn how to manage your time, choose instruments, and execute trades within a single day.
How to Keep a Trade Journal
Stop gambling and start trading. Learn the exact process for keeping a professional trading journal that identifies your edge.
Master the language of risk
Knowing the terms is just the start. Learning how to apply them is where the edge is found.
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