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Electronic Communication Network (ECN)

Electronic Communication Network (ECN) Definition

An electronic order matching system that allows a trader to advertise their bid or offer, or execute a trade without using a market maker. ECNs that are widely used would include: Archipelago (ARCA), Bloomberg (BTRD), Instinet (INCA), Island (ISLD), NASD (SelectNet), and Spear Leads (REDI).

RELATED TERMS
Active ECNs
After-Hours Trading
RELATED CATEGORIES
Active Trading







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