Shares DMA

Deal directly onto the order books of major equity exchanges

Markets and exchanges

Trade shares via DMA and execute your orders against multiple liquidity venues, including primary exchanges, MTF’s, dedicated market makers and dark pools.

View pricing from global exchanges and MTFs as well as a hybrid view for a consolidated picture of the order book.

Who’s it for?

We only recommend DMA for advanced traders. It’s suitable for those looking to set their own bids and offers, trade inside the market spread, participate in auctions, and trade during the pre and post markets in the US. For the most advanced clients we also offer algorithmic trading.

What are the costs?

Our only charges are a small commission – the same as an OTC (over-the-counter) trade.

Exchange fees
Depending on the exchange you wish to view or trade on, you may be liable to pay data fees. These fees are refunded if you’re a frequent trader.

Other fees
Under the terms of our customer agreement, we will also pass on to you any transaction costs, such as stock borrowing fees, which we incur as a result of your transaction.

Our DMA technology

Dealing platform and apps

Trade with DMA on our web-based platform, iPad and iPhone apps
Quick set-up
Dealing platforms

L2 – our DMA platform

Free, downloadable software
Designed for our own traders
L2 Autotrade automates your trading
L2 Dealer

Terminals and APIs

Full support for traders using their own front-end technology
Bloomberg terminal and FIX API support
Terminals and APIs

DMA with IG

Our DMA service allows you to trade CFDs on underlying market prices and depth. DMA prices are not necessarily better than OTC, as our pricing technology is engineered to find the best available prices for both. However, direct access to the markets can give you greater visibility and flexibility as a trader.

There are many added complexities to the trading environment, which can be an increased risk. When you place your order we take a parallel position in the underlying market, so we can’t change or reverse your order once it’s been executed.

Getting started

To trade DMA with IG you need to open an account and activate DMA within our web-based dealer. Most clients will need to have a minimum £1000 cash balance on their account to activate DMA.
You can then choose to activate the data feeds you need.
Then choose which platform you’d like to trade on: our web-based dealer and iPhone/iPad apps, the specialised L2 Dealer, or your own front-end technology.

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