Electronic Communication Network - ECN

外汇网2021-06-19 16:02:10 181

An electronic system that attempts to eliminate the role of a third party in the execution of orders entered by an exchange market maker or an over-the-counter market maker, and permits such orders to be entirely or partly executed.

|||An ECN connects major brokerages and inpidual traders so that they can trade directly between themselves without having to go through a middleman.