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Random article: Forex ECN Trading System
ECN means electronic communications network. It’s a safe and secure tading system with no dealing desk trade execute. Also better than STP trading system. ECN trades execute as a scaffold associating participants in the forex advertise straightforwardly to each other, disposing of the requirement for a managing work area. ECNs gain costs from various market members, for example, banks and market creators, and different dealers who are individuals from the system, and stream the best offer/ask costs on their exchanging platforms. In ECN trade here have many strong big liquidity provider, in ecn system currency trade come by campare with many liquidity prover with best rate.
The foreign exchange market itself experienced a rapid growth in the early decades of the 70s. As for the cause of the foreign exchange market is growing rapidly, among others are: 1. Movements in foreign exchange rates that experienced significant movement so that it appeals to certain circles to engage in the foreign exchange market. 2. Businesses are getting more global. As business competition gets bigger, companies need to find new resources that are cheaper, and spread all over the world, causing demand for the currency of a particular country. 3. The rapid development of telecommunications in the presence of telephone, telex, fax, internet, has made it easier for market participants to communicate, making transactions easier. 4. Gains earned in the foreign exchange market tend to increase the desire of various parties trying to gain a gain (profit) from the movement of foreign exchange rates.
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