DMALINK Announces Addition of NetLink Trade Aggregation Service

DMALINK, a provider of institutional FX trading and RegTech services, announced that it will add Traiana's NetLink trade aggregation service to its platforms.

Traiana is a part of the US derivatives exchange giant CME Group and a leading provider of post-trade solutions. NetLink is a retail post-trade solution for prime brokers, retail brokers and liquidity providers that streamlines post-trade processes and aggregates retail trades.

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DMALINK will use NetLink to aggregate trades on its New York and London platforms available to all qualifying participants via its prime broker, NatWest Markets.

The addition of NetLink enables DMALINK clients to increase operational efficiency by aggregating trades, which provides credit efficiencies through netting. The additional cost saving will allow DMALINK users to enjoy a broader spectrum of trade sizes and enable new counterparty types to join the DMALINK ecosystem.

“We’re pleased to be enabling the NetLink aggregation service and opening up the DMALINK platform to market participants transacting any ticket sizes,”said Manu Choudhary, CEO of DMALINK.”We are now able to fully service high volumes of any trade size in a cost-efficient way. NetLink enables us to add more neutral flow to our FX ecosystem, which benefits the buy and sell side.”

“DMALINK is now able to fully service a wide spectrum of clients via one automated real-time connection, permitting liquidity providers and prime brokers to have immediate access to all counterparties in the DMALINK ecosystem using our ticket aggregation service,”Jo Davies, Global Head of Traiana added.