Trading System		Circuit Breaker
	Trading Hours		Trading Signs
	Trading Units, Price Spread, Floor&Ceiling Limits		Opening and closing Price Calculation
	Trading Boards		Property Fund
	Types of Order		Direct Market Access (DMA)
	Off-Hours Trading		Program Trading

Direct Market Access (DMA)

Direct Market Access (DMA) means the securities trading method, which a member may allow its customers to enter trading orders through the DMA system only after obtaining the permission of the Exchange and a member shall not interrupt the customers’ trading orders.

• Trading of securities through DMA system can be made only on the main board, odd lot board and foreign board by Automatic Order Matching: AOM.
• The member may only allow these following types of customers to enter a trading order

through the DMA system :

1) Institutional investors, as defined according to the Securities and Exchange Commission; and
2) Foreign securities companies which have delegated a member to be their securities trading broker or agent.

• In recording an order, the member shall indicate the following particulars:

  1) Customer ID; and
  2) Designated trader ID.

• Basket order trading through the DMA system shall be subject to notifications of the Exchange re: Basket order trading provided they are not contrary to or inconsistent with these regulations.
• Program Trading / Algorithmic Trading can be used with the SET's Approval