Electronic Communication Network (ECN) is an electronic trading system which allows traders to avoid intermediaries and connect directly to the major brokerages when placing a trade. Quotes from the largest market-makers instantly come to the terminal and market changes appear immediately. The system provides trades with fast order execution, low spreads and high liquidity. With a ECN account you can trade in 24/5 mode.
Advantage of ECN over conventional systems lies in the absence of intermediaries. It provides ECN-traders with perfect order execution, significant difference in spreads and high liquidity. Moreover, trade 24/5 is available with ECN.
What is ECN Prime?
Grand Capital collaborates with AMTS Solutions, a provider of innovative brokerage technology. Together with AMTS developers, we have created a new ECN account which employs and entirely reshapes order execution technology. ECN Prime account ensures a stable system operation that is capable of handling any amount of traffic, which means that the orders will be executed precisely at the current market prices regardless of any external circumstances.
AMTS technology protects traders from many risks thanks to flexible settings. Moreover, additional features are available on the account, including opening orders within spread and Depth of Market (DOM) with transparent settings.