What are ECN's

mikeyk

Member
97 0
Hello,

Could anyone tell me what ECN's are or what it means. Its something i see mentioned about a lot, but dont really know anything about it except that it might have something to do with US trading or level 2?


Cheers




Michael
 

bigtimetrader

Junior member
47 2
ECN = Electronic Communication Network

Basically they are electronic order matching systems. ECN's allow regular traders to act almost like market makers, posting bids & asks which are visiable to the general market. They also allow stock traders to get very fast executions and provide the ability to trade pre & post market hours.
 
 
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