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Discussion in 'Complete Trading Education- Forex Military School' started by Administrator, Mar 18, 2011.
Please use this thread for questions, answers, and comments on this lesson.
Commander in pips, there is something I don't understand about ECN. If the system finds a contra-side order for me. Can I still close my order at any time? Does the broker charge a comission for that?
I would like to add a correction: ECN is a software (like Windows) that runs on a big supercomputer. Large bank, like some central bank can allow themselves owning a supercomputer and link all its clients under it. It is incorrect to say that banks are members in some piece of software that runs on a computer. Hope that helps.