• If this is your first visit, you will have to register before you can post. To view messages, please scroll below and select the forum that you would like to visits. Questions? Be sure to check out the Forum FAQ.

Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Direc Market Access

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

    Direc Market Access

    Hello, Ive read on forums about some brokers providing Direct Market Access. Couldnt find much info on it. Can you please explain the concept, I thought all orders go to Globex and if not what happens to order submitted through NT and Dorman, how does it differ from DMA
    Last edited by Venom; 03-06-2019, 08:50 AM.

    #2
    Hello Venom,

    Thank you for your post.

    NinjaTrader Brokerage uses CQG/Continuum to provide market access for futures trading. Continuum routes the orders that you place from your installation of NinjaTrader directly to the exchanges, based on the available margin in your trading account. This gives you a seamless trading interface, with orders delivered from your PC to the exchange in a matter of milliseconds. Your orders are then filled based on the availability of contracts at the exchange. Globex is simply the electronic exchange for the CME Group.

    Here is an article that I found on Investopedia for Direct Market Access. It looks like DMA refers to the ability of a brokerage firm or market maker to execute orders directly to the exchange. As I discussed, NinjaTrader Brokerage (clearing through Dorman Trading) uses Continuum as a direct order routing technology:Let me know if I may be of further assistance.
    Christopher D.NinjaTrader Customer Service

    Comment


      #3
      I also read that article, and it says that most retail investors do not have direct market access. So is my connection through NT/CQG direct market access or not, if not, what is the difference. I believe it is not, from what I read. As I read it costs a lot, but I'm not certain, so wanted to understand this concept. As I said not much on the web

      Comment


        #4
        Hello Venom,

        I have already provided the information that I have regarding market access with Continuum through NinjaTrader Brokerage. I would suggest comparing this information to your own research regarding DMA to ensure that this solution meets your unique needs as an investor.
        Christopher D.NinjaTrader Customer Service

        Comment


          #5
          So you dont know if its DMA or not?

          Comment


            #6

            Hello Venom,

            Continuum uses order routing technology from CQG. CQG's website states that their technology is Direct Market Access.
            Christopher D.NinjaTrader Customer Service

            Comment

            Latest Posts

            Collapse

            Topics Statistics Last Post
            Started by TAJTrades, Today, 10:34 AM
            0 responses
            5 views
            0 likes
            Last Post TAJTrades  
            Started by timcjpfx, Today, 10:20 AM
            1 response
            3 views
            0 likes
            Last Post NinjaTrader_ChelseaB  
            Started by Eloi_, Today, 09:48 AM
            2 responses
            6 views
            0 likes
            Last Post Eloi_
            by Eloi_
             
            Started by Longhornmark, Today, 08:22 AM
            2 responses
            19 views
            0 likes
            Last Post anon84
            by anon84
             
            Started by blinx18, Today, 09:54 AM
            1 response
            3 views
            0 likes
            Last Post NinjaTrader_PatrickG  
            Working...
            X