CMA the Market Data, Order Management and Connectivity provider of Latin America are now offering firms across North America and Europe the ability to join an ON-NET LatAm capital markets community of participating exchange trading institutions. CMA Trade HUB ON-NET access allows for Southbound and Northbound order flow for Remote Access, Direct Market Access (DMA), Algorithmic Trading and Clearing.
The costs of connectivity have been a major deterrent for many firms looking to trade LatAm capital markets over the last few years. Due to the high costs associated with connectivity of market data and trading access, CMA says that it intends to help bridge this gap by announcing a new cost effective total end-to-end connectivity solution.
“Having a partnership for connectivity with CMA is an invaluable way for our clients to get access to our trading strategies with the local Mexican Equities and Derivatives markets” states Mr. Carlos Ramirez, Head of Electronic Trading Services of IXE Casa de Bolsa. “CMA has an in-depth understanding of how our markets work and can help new entrants with the necessary services to execute,” Mr. Ramirez adds.
Source: Automated Trader, 30.11.2009
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Filed under: BMV - Mexico, Brazil, Exchanges, Latin America, Mexico, News, Trading Technology, Algo Trading, BMV Bolsa Mexicana de Valores, Clearing and Settlement, CMA, DMA Direct Market Access, Exchanges, IXE, MexDer, Mexico, Order Routing, Trade Connectivity
