DMALINK Integrates NetLink Trade Aggregation Service

DMALINK, a provider of institutional FX trading services, announced on Wednesday it will use Traiana’s NetLink to aggregate trades on its New York and London platforms. Traiana is a part of the US derivatives exchange giant, CME Group.

The official press release elaborated that the services will be available to all qualifying participants through its prime broker, NatWest Markets.

“We’re pleased to be enabling the NetLink aggregation service and opening up the DMALINK platform to market participants transacting any ticket sizes,” said Manu Choudhary, CEO of DMALINK.

Reducing Costs

Moreover, the company detailed that the addition of NetLink has enabled its clients to improve operational efficiency. With the aggregation of trades, the institutions can save additional costs that will result in a broader spectrum of trade sizes.

Further, DMALINK is optimistic that the service will enable new counterparty types to join its ecosystem.

“We are now able to fully service high volumes of any trade size in a cost-efficient way. NetLink enables us to add more neutral flow to our FX ecosystem, which benefits the buy and sell-side,” Choudhary added.

DMALINK provides an independent electronic trading venue and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term access for professional FX traders with a particular focus on emerging currencies.

“DMALINK is now able to fully service a wide spectrum of clients via one automated real-time connection, permitting Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on Read this Term and prime brokers to have immediate access to all counterparties in the DMALINK ecosystem using our ticket aggregation service,” Jo Davies, Global Head of Traiana said.

Nick Clark of NatWest Markets commented: “The integration of NetLink to the DMALINK platform is a great move at a time when there is increased demand for a wider range of clip sizes, whilst simultaneously optimizing settlement processes and reducing settlement rise.”