Which one of the following describes an ECN?
A)website used by investors to trade directly with other investors
B)website limited to use by professional brokers and dealers
C)computerized trading floor
D)communications network used by specialists
E)cellular trading network

Question

Quizplus · Accepted Answer

An ECN, or electronic communication network, is a website that allows investors to trade directly with other investors, bypassing the need for a middleman such as a broker or dealer. This can lead to faster trade execution and lower costs for investors.

Which One of the Following Describes an ECN