Series 24: Electronic Communications Networks (ECNs)

Taken from our Series 24 - FINRA General Principal Qualification Examination

Definition of the term Electronic Communications Networks (ECNs)...

automated trading systems registered with the SEC as broker-dealers that display and execute orders electronically for their private subscribers. ECNs post buy orders against sell orders and automatically complete transactions when they find matches.

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Solomon Exam Prep Study Materials for the Series 24
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