Why is an ECN System better than traditional Online Trading via a Market Maker?
The greatest advantage of Electronic Communications Network System lies in eliminating many problems which often plague most traditional online brokerages, such as slow executions, high commissions, wide price spreads, and slow order confirmations. Unlike your traditional online brokers, an ECN trading system allows customers to instantly send orders to an ECN where both buyers and sellers transact directly possibly result in better execution prices.
