ECN Broker

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Dictionary Says

Definition of 'ECN Broker'

A forex financial expert who uses electronic communications networks (ECNs) to provide its clients direct access to other participants in the currency markets. Because an ECN broker consolidates price quotations from several market participants, it can generally offer its clients tighter bid/ask spreads than would be otherwise available to them.
Investopedia Says

Investopedia explains 'ECN Broker'

Since an ECN broker only matches trades between market participants, it cannot trade against the client, an allegation often directed against some unscrupulous retail forex brokers. Because ECN spreads are much narrower than those used by everyday brokers, electronic communication networks brokers charge clients a fixed commission per transaction.
Search results for

'ECN Broker'

  • ECN Credits: Let Your Broker Pay Your Trading Fees

    http://www.investopedia.com/articles/trading/09/ecn-credits.asp
    ECN Credits: Let Your Broker Pay Your Trading Fees. ... Check with your broker to see
    if you can access certain ECNs to take advantage of ECN credits. ...

  • Market Makers Vs. Electronic Communications Networks

    http://www.investopedia.com/articles/forex/06/ECNmarketmaker.asp
    ... you can take on the role as a market maker to other traders on the ECN. ... The Bottom
    Line The type of broker that you use can significantly impact your trading ...

  • Understanding Order Execution

    http://www.investopedia.com/articles/01/022801.asp
    ... This type of execution is accompanied by your broker's firm making additional money
    on the spread. Electronic Communications Network (ECN) - ECNs automatically ...

  • Direct Access Trading Systems

    http://www.investopedia.com/articles/trading/03/020503.asp
    ... The higher cost of DATs comes from the probability that any online broker is receiving ...
    to $25 per trade, plus an additional fee levied by the ECN should the ...

  • Brokers And Reviews Articles | Investopedia

    http://www.investopedia.com/articles/tags/brokers-and-reviews/
    ... Read More »; ECN Credits: Let Your Broker Pay Your Trading Fees. Altering your
    entry and exit strategy could save you a lot of money in fees. ...

  • The Global Electronic Stock Market

    http://www.investopedia.com/articles/06/globalelectronicmarket.asp
    ... the most impact on investors. An ECN is an automated system for trading
    stocks away from a stock exchange. ECNs were authorized in ...

  • Introduction To Level II Quotes

    http://www.investopedia.com/articles/trading/06/Level2Quotes.asp
    ... Remember, ECNs can be used by anyone, so it is often difficult to tell whether large
    ECN orders are retail or institutional. ... Forex Broker Summary: Saxo Bank. ...

  • Day Trading Strategies For Beginners

    http://www.investopedia.com/articles/trading/06/DayTradingRetail.asp
    ... however, you will be looking to exit when there is decreased interest in the stock
    (indicated by the Level II/ECN and volume). ... Forex Broker Summary: Saxo Bank. ...

  • Day Trading Strategies For Beginners

    http://www.investopedia.com/articles/trading/06/daytradingretail.asp
    ... however, you will be looking to exit when there is decreased interest in the stock
    (indicated by the Level II/ECN and volume). ... Forex Broker Summary: Saxo Bank. ...

  • Know Your Counterparty When Day Trading

    http://www.investopedia.com/articles/trading/10/know-your-counterparty-when-day-trading.asp
    ... An ECN and Day ... Related Articles. Forex Broker Summary: Saxo Bank. Learn about Saxo
    Bank, which offers award-winning online trading platforms. Read More »; ...

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