How DMA Works
Trading with PureDMA is focused on the DMA-activated Deal Ticket. The quick example below shows how you might consult a DMA Deal Ticket and place a trade on DBS.
For a full guide to trading with PureDMA, download our Trading Manual:
Example: placing a long trade on DBS
Say DBS is trading on the SGX at 14.47/14.48.
On the Deal Ticket you can see the market depth prices of orders to buy and sell.
Judging from the weight of existing orders, you decide to place an order to buy 1000 shares outside the market spread at 14.45
Your Deal Ticket is accepted and appears in the Orders to Open panel.
As you are trading outside the spread rather than buying at an immediately available price, so there is no guarantee your order will be filled.
As soon as there is sufficient market liquidity at your buying level, the order will be filled and we take a parallel position in the underlying market to reflect your new position. As soon as the order is filled at your price, the trade will appear in your Open Positions panel in our trading platform.
You now have a position in 1000 DBS shares at 14.45.
CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial investment, so please ensure that you fully understand the risks involved.