Information flows away in a split second, situations and events often unfold against expectations; the management is requested to quickly respond to new challenges taking into account many factors. In such conditions reliable, proved and at the same time efficient instruments are needed
Direct Market Access (DMA) is a set of software and hardware of a KASE member that communicates with KASE's trading system and is designed for conclusion of deals based on client orders of DMA-clients
DMA is aimed at institutional investors and traders implementing algorithmic and high-frequency strategies on the stock market. DMA-clients of a broker may send orders
DMA-clients of a broker can send orders immediately to KASE's trading system and receive market data very quickly, using advanced technical solutions.
Clients' orders are generated by DMA-clients independently (without immediate participation of KASE members) using DMA systems and are forwarded to KASE members through DMA systems in electronic form. DMA-clients' orders are liable for accelerated procedures of registration, checking, verification, accounting and execution of client orders.
You can obtain more detailed clarifications from government authorities or read respective articles from the Tax Code of the Republic of Kazakhstan