Direct Market Access Messaging Engine

For many firms Direct Market Access presents a dilemma. They want to provide the fastest possible access yet impose the rules necessary to protect themselves should an error be made. The DMA Messaging engine embedded in TCM gives you the best of both worlds. The key is inline risk controls to ensure that you are never exposed beyond your configured risk tolerance. If an order is determined to exceed your tolerance the server ensures that it does not make it to the market and notifies you or your client of the situation. All of this can be managed remotely enabling you to co-locate your trading engine without sacrificing the visibility or control of a locally managed system.