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An ECN (Electronic Communication Network) broker routes trades directly to a liquidity pool of banks and other traders instead of passing them through a dealing desk. This results in tighter spreads but typically incurs a separate commission per trade.
Answer
An ECN (Electronic Communication Network) broker routes trades directly to a liquidity pool of banks and other traders instead of passing them through a dealing desk. This results in tighter spreads but typically incurs a separate commission per trade.
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