What is an ECN broker? What are the advantages of ECN brokers? EBC Financial Group
NYSE Arca grew out of the merger between the New York Stock Exchange (NYSE) and Archipelago, an early ECN from 1996. It facilitates electronic stock trading on major U.S. exchanges such as the NYSE and NASDAQ. Another way to ensure that you’re dealing with a genuine ECN broker is that ECN brokers do not present traders with the problem of requotes. ECN brokers are considered superior to dealing desk brokers because the ECN provides a direct connection between buyers and sellers. Interaction takes place inside...
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