Fees

Platform Participants and Users
Current Fees effective June 23, 2020

 

CLIENTS (TAKERS)
The below Fees are applicable to consumers of liquidity subscribing to bids and offers and submitting orders.

 

The User acknowledges and accepts that DMALINK may collect a Spread on each FX Spot and Spot Bullion order executed by the User on the Platform. From time to time DMALINK may agree to invoice the User. When an invoice is issued, the User agrees to pay the invoice without deductions within 14 days from the date of the invoice. The dollar per million invoice amount will be set according to average monthly trading volume and must be agreed in writing between the User and DMALINK. If a User is using a third party vendor to connect to DMALINK, and the vendor charges fees to DMALINK for its services, DMALINK may in its sole discretion add those costs to User fees.

 

In case of an issued invoice, the total volume in United States dollar equivalent notional value for all Transactions executed by User in any calendar month shall be calculated by DMALINK following the end of each calendar month. Both parties acknowledge and agree that (a) DMALINK shall convert all amounts to United States Dollars using a commercially reasonable exchange rate; (b) fees may be reviewed and changed upon the mutual agreement of DMALINK and User in writing signed by both parties amending the Schedule; (c) if either party decide to terminate this Agreement for any reason, User affirm that any Fees due and payable are at Users sole obligation and must be paid in accordance with the payment terms noted above; and (d) any Transaction executed by User is an acknowledgement of, and consent, to the fees and terms and conditions set forth herein.

 

In addition to volume fees, a session fee per API connection (“Session Fee”) may also apply. A Session Fee of $750/month is payable for each API session that is active, or becomes active, during a calendar month. Notwithstanding the foregoing (a) any connection that has transacted a minimum of $500 million during the calendar month shall not be subject to Session Fee; or (b) to cater for multiple connections, Session Fee shall be waived on the number of connections to which a minimum average of $500 million transacted per calendar month may be allocated; or (c) Session Fee shall not apply to connections within ninety (90) days of first activation.

 

MARKET MAKERS (MAKERS)
The below Fees are applicable to providers of liquidity streaming bids and offers on an anonymous basis to takers. 

 

Transaction Fees

$0.00 per million USD

 

Integration and Platform Fees

$0.00

 

Participating Financial Institutions (PFI)

This applies to Institutions who have executed the DMALINK PFI Agreement.

 

Transaction Fees

$0.00 per million USD

 

Integration and Platform Fees

$0.00

 

Credit GUI Technology Fees

$0.00

 

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