A primary venue is one of the interdealer electronic order books that the market treats as the reference for a pair’s price. An electronic communication network (ECN) is any other electronic trading platform where several liquidity providers and takers meet, by order book or by request for quote, anonymously or with names disclosed.
Quantitative Finance · Begrippenlijst
Wat is Primary venue, electronic communication network?
Ook bekend als: primary venue · electronic communication network