I dont understand. Ecns are similar to market makers ?
Can different ECNs fill a order ?
Can different ECNs fill a order ?
Brokers send orders to ecns or use ecns to submit new orders ?
- Thread starter paulsmith55
- Start date
Robert Morse
Sponsor
An ECN is like an exchange in that buyers and sellers meet there to trade. An ECN does not provide liquidity. MMs provide liquidity so you can buy/sell when no customer orders are present.