DMA Facility

Direct Market Access (DMA) facility enables members of the Exchange to offer their clients direct access to the Exchange trading system through the member's Computer to Computer Link (CTCL) infrastructure. The facility is permitted by SEBI for institutional clients and investment managers.
Procedure To Apply For DMA
Members are required to submit documents as per Part: F Checklist for Direct Market Access (DMA) Facility (Ref: page number 32 of Master Circular Computer to Computer Link (CTCL) dated December 31, 2012) and shall follow the procedure mentioned in Paragraph 3 of Circular No: MCX-SX/CTCL/1477/2013 dated September 30, 2013, MCX-SX/CTCL/925/2012 dated December 31, 2012, MCX-SX/CTCL/1883/2014 dated April 11, 2014, MSE/CTCL/17639/2025 dated August 12, 2025. MSE/CTCL/18976/2026 dated April 30, 2026.
Demo of software is provided to Exchange.
Exchange provides approval to the member.



