Trader's Glossary

Electronic Communication Network (ECN)

Electronic Communication Networks aggregate prices from many liquidity providers and offer traders the most competitive bid and ask prices. ECN orders are anonymously routed to the interbank network without dealing desk intervention.
Did you know?

Between the years 1860 and 1913, the number of foreign banks operating in London increased from 3 to 71.

Word of the day
"Basket Currency" - A currency used as a reference point for a currency peg.
Pro Tip

There is no get-rich-quick formula. If someone promises you one, take a step back, and then run as far away from them as possible.