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ECN

It stands for enhanced capital note; a capital note that is issued by a regulated institution (e.g., a bank) with...

Enhanced Capital Note

A capital note that is issued by a regulated institution (e.g., a bank) with the enhanced feature of "automatic convertibility"...

Electronic Communication Network

An electronic trading system that uses sophisticated algorithms to transmit orders in real time and optimally and automatically match buyers...

ECN

It stands for an electronic communication network; an electronic trading system that uses sophisticated algorithms to transmit orders in real...

EHT

It stands for extended-hours trading; Electronic trading that occurs after the close of the formal trading session. Trading after these...

Extended-Hours Trading

Electronic trading that occurs after the close of the formal trading session. Trading after these formal hours was previously an...

Dealing Desk Broker

A broker who doesn't route orders of retail traders to an electronic communication network (ECN). This type of broker executes...

Nondisplayed Liquidity

A source of market liquidity that is created through dark pools (dark liquidity pools) or black pools (black liquidity pools)....

Non-ECN Broker

A broker who doesn't route orders of retail traders to an electronic communication network (ECN). This type of broker executes...

Non-Dealing Desk Broker

A broker who provides retail traders with direct access to FOREX markets via an electronic communication network (ECN). That is,...