What is DEALER MARKET ELECTRONIC COMMUNICATIONS NETWORK (ECN)?

An ELECTRONIC COMMUNICATIONS NETWORK where clients face a sponsor, rather than other clients, as pricemaker and COUNTERPARTY. Dealer market ECNs can be regarded as an electronic mechanism of dealing with a single institution. See also HYBRID ELECTRONIC COMMUNICATIONS NETWORK, REGULATED ELECTRONIC COMMUNICATIONS NETWORK.

More On This Topic



Link to This Definition
Did you find this definition of DEALER MARKET ELECTRONIC COMMUNICATIONS NETWORK (ECN) helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary