Electronic Communications Network. Bloomberg Financial Dictionary
Defined under Rule 11Ac1- 1( a)(8) under the U.S. Securities Exchange Act of 1934. Bloomberg Financial Dictionary
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electronic communication network (ECN)
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 in whole or in part. Exchange Handbook Glossary
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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. London Stock Exchange Glossary
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ECN ECN noun [countable]
COMPUTING TELECOMMUNICATIONS electronic communications network an electronic system for buying and selling shares using a computer and without using a broker (= company that buys and sells shares etc for other people ) :
• Currently, ECNs handle approximately 38 to 50 percent of Nasdaq trading.
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Electronic Communications Network.
Electronic stock markets which anonymously match buy and sell orders.
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ECN UK US noun [C] STOCK MARKET
► ABBREVIATION for Electronic Communications Network: a computer system for buying and selling shares, that provides information about orders to buy or sell, and allows them to be carried out: »
Trading with an ECN offers many benefits, such as the ability to trade after-hours and anonymously.
Financial and business terms. 2012.