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Direct-Access Broker
(redirected from Direct access trading)

   Also found in: Acronyms, Wikipedia 0.10 sec.
Direct-Access Broker
A stockbroker that concentrates on speed and order execution - unlike a full-service broker that focuses on research and advice. Direct-access brokers usually use complicated computer software that allows clients to trade directly with an exchange or with other individuals via electronic communication networks (ECN).

Notes:
Direct-access brokers have become very popular among active traders because of their speedy transaction times, but other services such as streaming quotes, interactive charts, Level II Nasdaq quotes and other real-time features have also contributed to this success. These brokers have cut down their costs and increased efficiency by eliminating the role of the third party, which in turn allows them to charge a lower commission than traditional brokers.



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Interactive Brokers (IBKR), the online broker of global futures, options and foreign exchange, is pleased to offer direct access trading to Australian stocks and options via its award-winning, multi-product desktop trading platform, Trader Workstation (TWS).
is a provider of online and direct access trading solutions.
For professional investors, Track Data Securities offers proTrack, a direct access trading platform with fully integrated market data.
 
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