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Is the Primex Auction System an electronic communications network (ECN)?

April 26, 2017auction communications ecn electronic Network primex system

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Is the Primex Auction System an electronic communications network (ECN)?

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No. While the Primex Auction System is not an ECN, it complements and works in tandem with ECNs by providing opportunities for its participants to receive improved executions via the system’s exposure process.