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Electronic Communication Network |
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Electronic Communication Network A computer system that facilitates over-the-counter trading as well as exchange trading. The electronic communication network sends buy or sell orders to the appropriate specialiston the floor of a stock exchange, bypassing the floor broker. A company running an ECN charges a fee for its services. Electronic Communication Network (ECN) What Does Electronic Communication Network (ECN) Mean? An electronic trading 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 executed entirely or partly. Investopedia explains Electronic Communication Network (ECN) Related Terms: Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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