DMA For Future Market - Part 4 Comparison

** Information above are personal finding and not represent the official release by the trading house. All information above subject to change without prior notice from publisher nor trading house. Any update from anyone is much appreciated. Enjoy

 

Trading House	DMA Rate	Normal call in rate	Platform Monthly Fees
AmFuture	RM36	RM40	RM250 **rebate if minimum number of lots transacted per month
Philips Future	25% cheaper than normal market rate	Normal market rate	Free
	** DMA for Malaysia future market only available from May 2009 onwards. Philips Future will launch DMA by end of Mar 2009 for overseas future market.
RHB Investment	** Still in testing mode, will only launch it in the middle of the year. No information on rate as well as platform fees

 

HAPPY TRADING

DMA For Future Market - Part 2

I've been looking arround in the market for broker/trading house which provides DMA (Direct Market Access) which allows future traders perform online trading without going thru a broker. As explained in "DMA For Future Market - Part 1", benefits of using DMA includes speed of transaction execution & most importantly lower brokerage cost. So who are the local (Malaysia) trading house that provides DMA?

Who Are The Local (Malaysia) Trading House That Provides DMA?

I'm listing local trading house which I managed to check or aware so far. I could have miss out some of them out there and appreciate if anyone who knows any trading house that I'm not listing here can notify me to add them in.

1. AmFuture 

(http://www.ambg.com.my/personal/depositinvestments/futurestrading/futurestrading.asp)

2. Philips Future 

(https://www.poems.com.my/)

3. RHB Investment 

(http://www.rhb.com.my/press_release/2009/02-03.shtm) 

I'll try my best to check with them the actual broker fees and compile/summarize the comparison in the next release. Stay tuned.