Comment on Direct Market Access (DMA) for retail investors?

Vikram A Rao commented on 29 Jul 2020, 03:29 PM

Hello Nithin,

Very well written article, SEBI should focus on bigger issues. DMA is not an impossible task can be achieved with the current technology however why they want to implement DMA. This will result in Job loss in broking industry, there are some fine brokers with world class platforms (there are downtime with every broker and I am totally fine with it) what about their investments in people, technology. Even if the DMA gets implemented I don’t want to trade directly on exchanges. I would prefer to place orders from my brokers terminal.

Regards
Vikram

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