Korean securities firm Mirae Asset Securities is set to launch FX DMA (Direct Market Access) trading using pricing provided by Advanced Markets, LLC. The securities firms are the latest to be granted regulatory approval to add margin FX to their product suites.
The new partnership allows Mirae Asset to improve the trading capabilities of its securities brokers by providing access to the liquidity and transparency that only DMA can provide within the US market.
Mr. Joseph Han, Team Manager, Futures & Derivatives at Mirae Asset stated: We are excited to offer the depth and transparency of price liquidity that DMA through Advanced Markets can provide our clients. We have high aspirations of being a leader in the Korean margin FX space. After comparing many liquidity providers it was clear that we needed a neutral DMA price model to allow our clients a true reflection of the market. Advanced Markets is the right partner to make this possible
Anthony Brocco, CEO of Advanced Markets, said: Advanced Markets is proud to be associated with a company as prestigious as Mirae Asset. We feel that our Direct Market Access business model will fit perfectly in meeting the needs of Mirae Assets clients.