BM&FBOVESPA Sets New Trading Record Via DMA On The GTS

BM&FBOVESPA registered on Tuesday, March 3rd, a record 29,010 trades via Direct Market Access (DMA) on the GTS (Global Trading System), the Exchange’s electronic derivatives trading system. Since the beginning of February 2009, the number or trades has increased more than 40%.

A total of 218,000 contracts were traded. Sixteen authorized brokerage houses participated in the transaction of 28 different assets such as ID, dollar, and soybean futures.

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.