Is ACM an ECN (Electronic Communication Network) broker?
No. ACM digitally clears our client’s trades with liquidity providers. An ECN broker electronically matches client’s trades with other clients taking opposite positions. Similar to an ECN, ACM’s revenue is generated from the spread; however with ACM, major institutions act as the counterparty and not other clients. Our business model provides more liquidity than the ECN model, giving the client better execution conditions in trending markets.