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ECN
(redirected from ECNs)

   Also found in: Financial, Acronyms 0.01 sec.
ECN
(1) (Electronic Communications Network) A computerized, private financial trading system. Terra Nova Trading (www.lightspeed.com) and Instinet (www.instinet.com) are examples.

(2) (Engineering Change Notice) A document that identifies a change to a product. It includes the description of the change, reason behind it, departments affected, approval and time schedule.


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Some of the better known ECNs are ARCHIPELAGO (purchased by the NYSE in 2006) and ISLAND.
Writer Gregory Millman talked with executives at a number of the ECNs and provides both a quick history of their development and insight about what their emergence means, both now and in the future.
Knight Securities will provide Ameritrade an extended hours order routing facility to multiple ECNs after October 1.
 
 
 
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