AS part of its continued attempt to broaden its product offerings and make itself a global stock exchange, the Jamaica Stock Exchange (JSE), through the Jamaica Central Securities Depository (JCSD), will be launching direct market access (DMA) shortly with a central focus on the Canadian stock market.

According to Investopedia, DMA refers to access to the electronic facilities and order books of financial market exchanges that facilitate daily securities transactions. DMA is the direct connection to financial market exchanges that makes the completion of a financial market transaction final.

The JSE discussed this prospect at its 2020 annual general meeting, but was delayed in its implementation due to the challenges which were brought on by the novel coronavirus pandemic. DMA would allow for more exchanges to connect directly to the JSE, and vice versa.

https://www.jamaicaobserver.com/sunday-finance/stock-exchange-to-launch-direct-market-access-to-connect-canadian-jamaican-markets_224641?profile=1056