Direct Market Access

#1
Hello All,

I am new to this forum so this is my first post :)

Does any one know if it is possible to get direct market access to trade on NSE/BSE? I would like to place my trades programmatically so if some broker offers such capability I would like to know. Google search turned up empty so maybe the practitioners here could help :)

Thanks everyone!
 

alroyraj

Well-Known Member
#3
Hello All,

I am new to this forum so this is my first post :)

Does any one know if it is possible to get direct market access to trade on NSE/BSE? I would like to place my trades programmatically so if some broker offers such capability I would like to know. Google search turned up empty so maybe the practitioners here could help :)

Thanks everyone!
Perhaps you want to use algorithmic trading with Direct Market Access.
While DMA is available only to corporates as Savantji has mentioned. Few such as Religare offer algorithmic trading something came in the news a while back. Some tieup with some Delta algo company. Other than that some broker in punjab called Agroyo offers some algorithmic trading platform.
the US based Interactive brokers offers this too but brokerage predictably depends on volume,this is a viable option.
 
Last edited:
#4
Thanks, alroyraj. I will check out Religare and Agroyo.
Interactive Brokers do seem to provide an API for placing and managing orders but unfortunately they only have access to NSE. That is not optimal if we want to trade commodities on the Indian exchanges.
 

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