Direct Market Access (DMA) facility through Computer to Computer Link (CTCL) allows members to provide direct trading terminals only to Institutional clients through various connectivity modes. Direct Market Access (DMA) is used to describe clients / investor accessing the market directly using CTCL software of a trading member and routing the orders through the trading member’s infrastructure.
FIIs along with other institutional clients can access DMA.
DMA is accessed via dealer terminals but not vice versa. Retailers cannot access DMA.
Check this link for full details.
Is this true?
The news is not reported properly, no official news is out yet, maybe wait for more info.