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Chapter 3, Part I. The structure of the FOREX market - Q&A

Discussion in 'Complete Trading Education- Forex Military School' started by Administrator, Mar 18, 2011.

  1. Administrator

    Administrator Just Administrator :-)

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    Please use this thread for questions, answers, and comments on this lesson.
     
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  2. vitorxpaliaga

    vitorxpaliaga Recruit

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    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?
     
    Nachoga likes this.
  3. Hamza Samiullah

    Hamza Samiullah Corporal

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  4. nagual_emmanuelio

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    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.
     

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