An exchange where stocks and derivatives are traded is often likened to the heart of a capital market because it helps with the efficient distribution of resources. Exchanges have continuously changed because of technological innovation related to order execution and price information.
In this article, I look at the characteristics of direct market access (DMA) that have recently been getting a lot of attention, and then examine the implications of DMA for Korea`s capital markets.
- Current status of DMA and implications for Korea
- Nam, Gilnam
- Korea Capital Market Institute
Current status of DMA and implications for Korea
[Seoul]:Korea Capital Market Institute
|Series Title; No||Capital Market Opinion|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Economy < Financial Policy|