外汇市场ECN模式和MM模式解释,小组,人和网(Foreign exchange market, ECN model and MM mode explanation, group, man and net).docVIP
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外汇市场ECN模式和MM模式解释,小组,人和网(Foreign exchange market, ECN model and MM mode explanation, group, man and net)
外汇市场ECN模式和MM模式解释,小组,人和网(Foreign exchange market, ECN model and MM mode explanation, group, man and net)
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Panel business and Finance: foreign exchange platform discussion and promotion: FX market ECN model and MM model interpretation
ECN model and MM mode interpretation in foreign exchange market
2010-3-30 11:30 comes from: Mr. Du [Shenyang]
Electronic trading in the foreign exchange market are mainly two modes, one is service to institutional clients of the ECN model; the other is a service to retail customers inquiry (Dealer) and the single market maker (Market maker MM) model.
ECN is the abbreviation of English Electronic Communication Network, which means electronic communication network in chinese. To be exact, ECN refers to an electronic trading platform between financial exchanges, stockbrokers and their clients.
More specifically, ECN refers to a computer system that enables customers to trade financial products outside the exchange. The most common trading products are stocks and foreign exchange. The original ECN was established after the approval of the securities and Exchange Commission (SEC) in 1998. Is that the characteristics of ECN, to improve the level of competition among market traders by reducing transaction costs, traders can access to the client system within a single collection, trading as traders outside the traditional exchange time. ECN mode traders do not manually modify the point, do not artificially modify data, so that the ECN platform is the pass-through forma
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