Electronic communications network
Electronic communications network (also known by its acronym, ECN) is any network that automatically matches potential buyers and sellers, as well as automatically completes their transactions.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- ECN. In an ECN (electronic communications network), orders from potential buyers and sellers are automatically matched and the transaction is automatically completed.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
