Business

Electronic Communication Network

Electronic Communication Network

Electronic communication network is definitely an automated system that matches trade orders for investments. An electronic communication network connects major brokerages and individual traders so that they can trade directly concerning themselves without dealing with a middleman. The ECN creates money by charging a fee for each transaction. ECNs make it easy for investors in diverse geographic locations to simply trade with one another. The Securities in addition to Exchange Commission requires ECNs to join up as broker-dealers.