Direct to Success: Trading Brilliance with ECN Ecosystem
ECN stands for Electronic Communication Network and refers to an automated trading feature that links individual traders with liquidity providers like banks, prime brokerages, retail brokerages, and even other traders. This mechanism allows individuals with every form of trading account access to the capital markets regardless of their balance sizes.
Linking all traders, big and small, with liquidity providers directly removes the need for a middleman in your transactions. ECN trading offers you narrower spreads and better market pricing. Just like the CM Index, our ECN accounts consolidate quotes from several participants to offer you the tightest possible bid/ask spreads. Envision it as a marketplace for broker’s clients to trade with each other, so traders like you can get the best possible offer at the moment in time.