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    DMA Trading on LMAX: The LMAX platform explained
    DMA Trading on LMAX: The LMAX platform explained
    DMA Trading on LMAX: The LMAX platform explained
    Ebook42 pages25 minutes

    DMA Trading on LMAX: The LMAX platform explained

    By Dominic Picarda

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    About this ebook

    This short book will explain DMA trading on the LMAX exchange. It will explain what DMA is, how it works, and how you can get the best out of it. You don't need to know anything about trading to read this book and even if you do have experience of trading, it should still help refresh your knowledge and introduce you to trading on LMAX.
    It will explain the basics of contracts for difference (CFDs) and DMA as well as how to trade in LMAX's marketplace.
    LMAX was created in order to give traders an alternative way of accessing markets.
    LanguageEnglish
    PublisherHarriman House
    Release dateMay 5, 2011
    ISBN9780857191458
    DMA Trading on LMAX: The LMAX platform explained
    Author

    Dominic Picarda

    Dominic Picarda is a Chartered Market Technician and has coordinated the Investors Chronicle's charting coverage for four years. He also holds the Chartered Financial Analyst qualification. He writes regular market forecasts for the Trader page of the weekend Financial Times and is a frequent speaker at seminars and other trading events.

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      Book preview

      DMA Trading on LMAX - Dominic Picarda

      About the author

      Dominic Picarda is a Chartered Market Technician and has coordinated the Investors Chronicle’s charting coverage for four years. He also holds the Chartered Financial Analyst qualification.

      He writes regular market forecasts for the Trader page of the weekend Financial Times and is a frequent speaker at seminars and other trading events.

      Foreword

      LMAX has set out to deliver the benefits and efficiencies of exchange trading to the private investor. We have a very different model from anyone else and believe that traders will find it extremely attractive.

      LMAX allows FX and CFD traders to access our exchange and open order book, which has wholesale institutional liquidity across a wide variety of asset classes. If you don’t see a price you like in the order book, you can set your own price in the market, and that’s what makes LMAX unique. The outcome of our model is a fair, transparent and neutral Direct Market Access (DMA) venue to trade FX and CFDs.

      This eBook explains how you can get the most out of DMA trading with specific reference to the LMAX platform. Whether you are an experienced trader or complete beginner, this eBook is a great place to start realising the potential of DMA trading on the LMAX exchange.

      David Mercer, CEO

      FX and CFDs are leveraged products that carry a high level of risk to your capital, with the possibility of losing significantly more than your initial investment. They are not suitable for everyone. Ensure you fully understand the risks and seek independent advice if necessary. The information in this book is not directed at residents of the United States of America or any other jurisdiction where trading in CFDs and/or FX is restricted or prohibited by local laws or regulations.

      Introduction

      This short book will explain DMA trading on the LMAX exchange. It will explain what DMA is, how it works, and how you can get the best out of it. You don’t need

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