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Direct market access via co-location ended the month of June 2009 with 287 trades and 2,920 contracts traded in two days of trading in the BM&F segment. This access service was implemented by BM&FBOVESPA on June 15 and trading began on June 29. Direct connection via co-location allows clients to place their own computer equipment inside the BM&FBOVESPA data processing center.
In June, BM&F* market segment transactions carried out through order routing via Direct Market Access (DMA) registered a total of 6,152,638 contracts traded, with 521,728 trades carried out through the GTS trading platform. In May, the total was 4,516,929 contracts traded in 496,450 trades.
The comparison of the volumes registered by DMA type access in the BMF segment in June 2009 to those registered in May 2009 is as follows:
- Traditional DMA – 4,103,621 contracts traded, in 399,727 trades, in comparison to 3,793,159 contracts traded and 425,954 trades;
- Via DMA Provider – 1,104,205 contracts traded, in 9,093 trades, in comparison to 77,965 contacts traded and 2,798 trades;
- DMA via order routing with CME Globex (CME Group's electronic trading platform ) – 941,892 contracts traded, in 112,621 trades, in comparison to 645,825 contracts and 67,698 trades;
- DMA via co-location – 2,920 contracts traded, in 287 trades. (No trades in May)
* Direct access to the BM&F market segment is carried out through DMA models 1, 2 and 4. In model 1 or traditional, the client accesses the GTS through the technological intermediation of the brokerage house. In model 2 or via DMA provider, the client does not use the previously mentioned structure and connects to the system through an authorized access provider. DMA via order routing with CME Globex is also a form of DMA model 2. In model 4 or DMA via co-location, the clients install their own computer equipment inside the BMFBOVESPA facilities.
BOVESPA SEGMENT
In June 2009, BOVESPA** market segment transactions carried out through order routing via Direct Market Access (DMA) registered a financial volume of BRL82.39 billion and 7.47 million trades. In May, the financial volume was BRL82.36 billion and 7.38 million trades.
The comparison of the volumes registered by DMA type access in June 2009 to those registered in May 2009 is as follows:
- DMA – Retail Modality – BRL35.51 billion and 3.98 million trades, in comparison to BRL 37.3 billion and 4.16 million trades;
- DMA – Managers Modality – BRL 17.53 billion and 993,756 trades, in comparison to BRL 13.82 billion and 827,105 trades;
- DMA – Institutional Modality – BRL 29.33 billion and 2.49 million trades, in comparison to BRL 31.15 billion and 2.38 million trades.
** Direct access to the BOVESPA market segment is carried out through DMA model 1. Also known as the traditional model, in this type of DMA the client accesses the Mega Bolsa through the technological intermediation of the brokerage house.
