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ECN = Electronic Crossover Network
It's the screen that shows the Market Makers and the alleged size of their
current Bid/Ask -- It theoretically allows you to click on a Particular MM
or other player (such as Island, Archipelago, etc.) and transact your trade
directly with them as opposed to just giving the order to a Broker and
having them execute it whenever and with whomever they wish.
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At 10:18 AM 8/27/98 -0700, you wrote:
>OK, what the devil are ECN's ??
>
>donc
>
>> While SOES is still
>>in use, it has declined in popularity, and ECN's are taking over as the
vehicle
>>of choice for stock daytraders. *****
>
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