Product
ECN System
An automated mechanism called the ECN system matches buy and sell orders from various market players. It links independent traders, significant brokerages, and tier-1 liquidity providers in the consolidated order book so they may transact without the need for an intermediary.
In an ECN system, there is no trading desk and no potential conflict of interest between traders and brokers. With the help of this trading strategy, players may take advantage of strong liquidity, swift execution, and transparent pricing.
- Tightest Spreads
- Market Depth
- One-click Trading
Advantages
No Re-quotes, Great Flexibility
There is never any re-quoting when the order book is matched. Through a variety of trading choices, you may place orders freely. In the ECN system, many order books for various items can be offered.
Multi-level Market Depth and Real-time Quotes
Customers may trade with the tightest spreads possible thanks to the ECN model, which also offers an order book that displays the depth of the markets and the best bid/ask price in real time, which can aid traders in better understanding market movements.
Quick Order Execution And Thorough Reporting
It is simple to utilise the web-based trading terminal. Orders may be placed easily and with low latency in the market quotation and order book. A detailed reporting system is set up to assist ECN hosts in better managing their businesses and achieving a win-win outcome for all parties.
Pricing Transparency and Automatic Order Matching
Prices are available to all parties and are derived from all ECN participants. A more transparent trading environment is created by the automated matching and execution of the orders at the best pricing.