MakeMyTrip expands attain to over 150 nations

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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.

NEW DELHI: MakeMyTrip, India’s greatest on-line journey company (OTA), Monday mentioned it has expanded its attain to over 150 nations, together with main journey markets just like the UK, USA, Germany, Japan, Italy and France. The over two-decade-old firm was beforehand operational in India, USA, and the UAE, The journey platform says it adhered to a number of worldwide compliances, together with Common Information Safety Regulation (GDPR) and California Client Privateness Act (CCPA), to succeed in this presence.“The rigorous standards of compliance and commitment to data protection we have in place for our Indian business, helped us transition smoothly towards stringent international compliances. We are indebted to the trust and affection that we have received from Indian travellers for over two decades and continue to hold ourselves to higher standards and SOPs on a regular basis. Our decision to make MakeMyTrip accessible globally is as result of this very goal – testing our processes against rigorous protocols across the world to enable our travellers to book or modify their travel purchases on the platform without any roadblocks wherever they are geographically,”mentioned Rajesh Magow, Co-founder & Group CEO of MakeMyTrip. He added: “Our global accessibility will help us reach the vast Indian diaspora. Importantly, this expansion will enable us to cater to a broader audience, fostering increased inbound travel to India. Our extensive coverage, offering accommodations in more than 2000 cities, will assist international tourists in discovering the hidden gems of India.” The platform’s interface presents transactions in USD, AED, or INR.

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