BM&FBOVESPA: Record Trading Through DMA On The GTS

On January 22, 2009, BM&FBOVESPA set a new record by trading 151,000 contracts in 5,796 trades that were carried out through Direct Market Access (DMA) on its electronic derivatives trading platform, the Global Trading System (GTS). This record number of DMA trades represented 9% of the total number of contracts traded and 15% of the total number of trades that were carried out on that day.

Throughout the day fifteen authorized brokerage houses trading 18 different assets such as the ID, the dollar, and soybean futures participated in these DMA transactions.

Direct Market Access (DMA) was implemented by BM&FBOVESPA on the 29th of August, 2008. This trading model allows the end-client who is authorized by and under the responsibility of a brokerage house to have direct access to the GTS electronic trading platform, thus enabling that client to place orders and receive market data in real-time.