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Old 05-24-2007, 06:00 AM
triantus triantus is offline
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ECNs vs. MMs
hi kathy and boris,

could you please tell us:

(1) what is the difference b/w an ECN (offering STP-straight-through-processing) and a retail MM (market maker) like FXCM?

(2) what are the pros and cons of ECNs vs. MMs?

(3) does the new no-dealing-desk platform released last winter mean that FXCM is now an ECN?

(4) can retail customers using the no-dealing-desk platform expect the same speed of execution as when using an ECN?

(5) what is the difference b/w the no-dealing-desk platform and the PropFX platform (www.propfx.com) offered by FXCM?

(6) is PropFX an ECN platform?

cheers,
triantus.
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