AI Hub 17 October 2024 What Are ECNs? How Do They Allow Participants to Post Market and Limit Orders Over Computer Networks? In today's fast-paced trading environment, understanding the tools and platforms available for executing trades is crucial for both new and experienced investors. One significant element in the modern trading landscape is the Electronic Communication Network (ECN). This comprehensive guide will delve into what ECNs are, how they work, their benefits, and their future in trading. Let's break down this intricate topic step by step. Introduction Definition of ECNs Electronic Communication Networks (ECNs) are computerized systems that facilitate trading of financial products, such as stocks and currencies, outside traditional stock exchanges. ECNs connect buyers and sellers directly, allowing for the direct trading of stocks and other financial products without the need for a middleman. Importance in Trading ECNs have revolutionized the trading world by providing a platform for faster trades with...