DMA in Indian Stock Market
In the recent circular issued by SEBI, the regulator has allowed Direct Market Access (DMA) in Indian Stock Market and this will surely be the most appreciated and timely technology transformation approval for the Indian stock market from the regulators. DMA is not...
James,
Currently, the brokerages are applying to exchanges to get an approval. As far as I know, the brokerages that already have approval are Kotak Securites, Reliance Securities and CLSA. More are in pipeline.
Regards, Nitin N
Nitin Narkhede
Hi James,
You are right when you said Indian stock exchanges are now allowed DMA trades. But this is opened only for Instituional Investors. If you are in this category, then there will whole lot of brokerages that can offer you this service.
Once you could confirm this that...