IATA and Sensible Freight Centre associate on CO2 emission calculations

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what is DMA (Direct Market Access)in the Indian share market?

What is DMA?

DMA, or Direct Market Access, is a service offered by stockbrokers that allows traders to place orders directly on the stock exchange’s order book. It eliminates the need for intermediaries, such as market makers or brokers, and provides traders with direct access to the market. This means that orders are executed faster and at potentially better prices.

How Does DMA Work in the Indian Share Market?

In the Indian share market, DMA is facilitated through the use of technology and trading platforms provided by stockbrokers. Traders can access the market through these platforms, which connect them directly to the stock exchange.

Benefits of DMA in the Indian Share Market

1. Speed and Efficiency: DMA enables faster order execution as orders are placed directly on the exchange’s order book. This can be particularly advantageous in volatile market conditions where every second counts.

Conclusion

DMA, or Direct Market Access, is a powerful tool that allows traders to directly access the stock exchange’s order book. In the Indian share market, DMA offers numerous benefits, including speed, transparency, control, lower costs, and access to real-time market data. By utilizing DMA, traders can enhance their trading experience and potentially improve their trading outcomes.

MUMBAI: The Worldwide Air Transport Affiliation (IATA) and the Sensible Freight Centre (SFC) lately introduced a partnership to supply constant and clear CO2 emissions calculations for air cargo shipments. This is a crucial step for the worldwide air transport sector to advance its decarbonization efforts, mentioned the airways ‘ commerce physique in a press assertion.”The two organizations will focus efforts on developing the cargo component of IATA’s CO2 Connect offering, which successfully launched its passenger version in 2022,” it mentioned. The IATA CO2 Join platform makes use of main business information to energy extremely correct carbon calculations. The collaboration with the SFC Clear Air Transport Program will promote a typical methodology in CO2 emission calculations and guarantee correct and constant CO2 calculations are distributed to the business’s greatest shippers and freight forwarders in air cargo, supporting them with pre-shipment and reporting functions, it added. “Our partnership with the Smart Freight Center will help us to accelerate the development of CO2 Connect for air cargo as the most authoritative tool for carbon calculations. This is important for airlines, shippers and their customers who all need accurate calculations based on real data to support their contributions to global decarbonization efforts,” mentioned Frederic Leger, IATA’s Senior Vice President for Business Merchandise & Companies, at IATA’s World Cargo Symposium (WCS) in Hong Kong. “A key milestone has been reached and this has been a long time in the making. The need for unified emissions data is stronger than ever and this milestone will enable cargo transport service purchasers to make well-founded, long-term decisions. Transparency is key to drive decarbonization investments and activities, encouraging collaborative and synergetic action throughout the value chain. Our partnership with IATA will enable effective collaboration by building trust and exchanging information across the value chain which, in turn, will help in accelerating our ongoing efforts in decarbonizing the aviation industry,” mentioned Andrea Schoen, SFC Director of the Clear Air Transport program.IATA and SFC are working with Kuehne+Nagel as a pilot buyer for IATA CO2 Join for Cargo to make sure that the instrument meets the wants and necessities of freight forwarders and their prospects.“As a freight forwarder, we can attest to the value that this collaboration will bring to the industry and to our customers.” mentioned Fabiano Piccinno, International Head of Sustainability Air Logistics at Kuehne+Nagel. “We’re happy to bring our expertise to the table and we look forward to seeing this project paving the way for future sustainable solutions in aviation.”The SFC Clear Air Transport program includes over 50 members, together with airways, freight forwarders, shippers and gasoline suppliers. It engages in collaborative actions to assist aviation’s decarbonization efforts. IATA CO2 Join for Cargo is a CO2 emission calculator for air cargo shipments, utilizing main information from airways. It will likely be accessible as of This fall 2024. “It considers airline specific fuel burn from both full freighter and passenger aircraft carrying belly cargo, airline specific cargo load factors, and passenger load factors to determine the correct ratio to attribute to belly cargo,” mentioned IATA. That CO2 information output offered will probably be aligned with the IATA Really helpful Follow 1678, plus we’ll present additional outputs contemplating well-to-wake (WTW), CO2e and CO2/tonne-km to satisfy necessities from shippers reporting in these metrics.

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