|
Electronic Communication Network - ECN
What does it mean?
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.
In Other Words...
An ECN connects major brokerages and individual traders so that they can trade directly between themselves without having to go through a middleman.
Related Links
Electronic Trading Tutorial - Learn about the systems that run the market. Topics include market makers, specialists, SuperDOT, ECNs, SOES, Level I, II, and III Access, and more.
Getting to Know Stock Exchanges - Find out the answers to all the questions you had about stock exchanges but were afraid to ask!
Related Terms
Market Maker | Nasdaq | Over the Counter - OTC | SOES
1 |
A | B |
C | D |
E | F |
G | H |
I | J |
K | L |
M | N |
O | P |
Q | R |
S | T |
U | V |
W | X |
Y | Z
|
