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| | Boston, MA, USA
March 13, 2008
The Evolution of Direct
Market Access (DMA)
Trading Services in the
US and Europe
Table of Contents
Return
to report Abstract
| Executive
Summary |
04 |
| Introduction |
05 |
| Market
Backround |
06 |
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DMA Definitions
and Elements |
06 |
| DMA
Adoption and Growth |
09 |
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DMA Volumes: US |
11 |
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DMA Volumes:
Europe |
13 |
| DMA
Market Models and Providers |
16 |
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Execution Models |
16 |
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Evolution of DMA
Platforms |
17 |
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Provider
Landscape |
18 |
| DMA
Details: Pricing, Market Share, and Connectivity |
20 |
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Pricing Structure |
20 |
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Provider
Positioning |
21 |
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Connected
Marketplaces |
23 |
| DMA
Provider Selection Process |
28 |
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Rent Vs.
Buy/Build |
28 |
| Conclusions |
31 |
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