Clearing Member

Reading Time: 3 minutesDirect Market Access (DMA) is a trading method that allows traders and investors to place orders directly on a financial exchange. By bypassing traditional brokerage desks, DMA provides greater speed, transparency, and control over order execution, which is crucial for high-frequency and algorithmic trading strategies.

Reading Time: 2 minutesA Clearing Member is a licensed financial institution or brokerage firm authorised by an exchange’s clearing house to clear and settle trades. They act as an intermediary between traders and the exchange, ensuring that every transaction is properly confirmed, margined, and settled according to regulatory and exchange requirements.