ECN is an acronym for Electronic Communications Network Forex ECN broker does not use a dealing desk but in its place delivers a businessplace where multiple business makers, banks and investors can enter in competing bids and offers and have their orders filled by several liquidity providers in an anonymous trading environmenthe trades are done in the name of the ECN broker, providing you with absolute anonymity trader may well have their obtain order filled by liquidity provider "A", and shut exactly the same order against liquidity provider "B", or have their order matched internally by the bid or offer of another traderhe very best bid and offer is displayed to the trader and at the same time the market depth which is the combined volume offered at each price level sizable quantity of business participants offering pricing to the ECN broker leads to tighter spreadsorex ECN brokers frequently charge a commission for matching trades between their customers and the liquidi ... [Read More - Forex A]
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