The method a broker uses to route and fill client orders. This is part of the mechanical toolkit traders rely on to control entries and exits with precision rather than reacting to price in real time.
The method a broker uses to route and fill client orders. This is part of the mechanical toolkit traders rely on to control entries and exits with precision rather than reacting to price in real time.
It affects spreads, execution speed, and potential conflicts of interest. This is the kind of nuance that separates experienced market participants from beginners, since it only becomes practically useful once the basics are second nature.
Advertised in broker account types like "ECN" or "Standard." It shows up in day-to-day trading through price charts, broker platform data, or news commentary, and recognizing it quickly can meaningfully shape decision-making in the moment.
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