credit-suisse-completes-first-dma-trade-in-indonesia

Credit Suisse completes first DMA trade in Indonesia

Credit Suisse AES adds Indonesia to its growing list of Direct Market Access locations in Asia.

By Rupert Walker

August 24, 2008

Credit SuisseÆs Advanced Execution Services AES unit has become the first foreign broker to complete an equity trade for an overseas client on IndonesiaÆs Jakarta Stock Exchange using Direct Market Access DMA.

The transaction took place on August 19, and according to Brook Teeter, head of AES sales for Asia-Pacific at Credit Suisse We Credit Suisse were the first foreign broker to execute a DMA trade in Indonesia via our AES platform and the number of customers using Credit Suisse for direct market trading in Indonesia is already growing.

He adds ôFor many investors, DMA is the first step towards deploying more sophisticated electronic trading tools which can help them achieve best execution through...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222