Direct Market Access Is Back to Ukraine
FREEDOM FINANCE UKRAINE, LLC is the first and so far the only brokerage company on the Ukrainian stock market that has restored Direct Market Access to exchange trading. Testing of DMA via Tradernet platform began in November and it is live since December 16.
Now, clients of FREEDOM FINANCE UKRAINE, LLC can comfortably buy or sell Ukrainian securities on the stock exchange without leaving their home or office, with no phone calls and paper orders. This will allow regaining of liquidity of the Ukrainian securities and renew interest to the listed companies.
"Investors have been waiting for the resumption of online trading for a long time," comments Aleksei Sukhorukov, Director of Business Development at Ukrainian Exchange, "We congratulate the team of FREEDOM FINANCE - they have done a great job, and we hope that other trading members will be inspired to compete".
"Over the past year and a half, we have seen an accumulation of pent-up demand for access to exchange trading via Internet. This service was waited, first of all, by individual investors. It will significantly revive market activity and increase its attractiveness for investors, including foreign ones. I expect a significant increase in the number of accounts registered on the exchange in the next few years," - said Marina Mashkovskaya, CEO of FREEDOM FINANCE UKRAINE, LLC.
The Tradernet platform is integrated with the exchange trading system through the FIX-based API. The specification of the supported messages is available here.
Access to trading through FIX is provided to exchange members based on the results of testing. For access to the beta-test trading system please contact us at [email protected]а.
For additional information please contact us by phone +380 (44) 495-7474 or e-mail [email protected].
FREEDOM FINANCE UKRAINE, LLC is a part of the FREEDOM HOLDING CORP. (USA), brokers of which provide access to the global stock markets. The holding's shares have been listed on the NASDAQ Stock Exchange (ticker code: FRHC). Detailed information about the company can be obtained on its website.
Ukrainian Exchange is the leading operator of the Ukrainian stock market. From the very first months after starting its operation in 2009, the exchange became the technological leader of the market for the first time in Ukraine to introduce Order-Driven Trading, API for DMA, repo operations, a central counterparty and the derivatives market.
FIX protocol is developed and supported by non-profit organization FIX Protocol Ltd since 1998. As an internationally recognized standard in the financial industry it significantly reduces costs of information links between stock exchanges, brokers, fund managers, institutional investors and other market participants.