Electronic Communications Network. An alternative trading facility for shares. Not regulated.
Electronic Communications Network. Computerized order matching systems. Limit orders only are accepted for dynamic matching and execution. Merrill Lynch executes Extended Hours orders through the Archipelago ECN.
Explicit Congestion Notification. A Frame Relay protocol mechanism that signals source and destination user devices that network congestion is occurring.
Explicit Congestion Notification. A mechanism used by the network to warn user equipment that the network is congested.
Electronic Communication Networks are electronic systems that operate as exchanges, matching buy and sell orders automatically, without human intervention, for a low fee. The main ECN's characteristics are: their technical efficiency and price. Rather than making money on the spread between bid and offer prices, ECN's charge fees when the trade is made.
See electronic communication network (ECN).
Electronic Communication Network. Any electronic system that widely disseminates to third parties orders entered by an exchange Market Maker or OTC Market Maker, and permits such orders to be executed against a whole or in a part. (See Market Maker).
An electronic communication network (ECN) is an electronic system that attempts to eliminate third party orders by a market maker, and permits such orders to be executed either in whole or in part.
Electronic Currency Network. Directs the client straight through the interbank market, usually resulting in tighter spreads. Most ECNâ€(tm)s have a fixed commission per roun/turn lot.
Electronic Communications Network. Independent execution systems set up by brokerage firms, which match new retail limit orders with compatible orders already in the system.
An electronic communications network. A computer-based system into which orders can be entered and, if there is a matching order, executed. Specifically, a system of this kind that allows orders to be entered by more than one party (as opposed to one that may be operated by a broker solely to handle its own order flow).
acronym for electronic communications network, of which there are several; ECNs allow the user to compete directly with market makers for the best price available
European Communications Network
Electronic Communications Network, frequently used for creating electronic stock or futures markets.
see ELECTRONIC COMMUNICATIONS NETWORKS.
Electronic Communications Networks. Alternative trading systems that bring buyers and sellers together for electronic execution of trades.