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DMA (Direct Market Access).

When an average user connected to HTS to purchase or to sell stocks, the transaction had to go through the financial company’s main system. The company would then request confirmation from Koscom, which was a Korean financial IT company launched by the Ministry of Finance.

This meant a transaction had to go through both the financial company and Koscom. However, if an individual could connect to Koscom directly, or decrease the processing time at ...

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