Hello,
Another in my series of ‘handy articles’:
Trading Through A Market Maker Vs. An ECN
By the way: somebody asked me if I WORK for Investopedia or get anything from them for posting links to their site. The answer is NO, I don’t. I get a LOT of trading related junk mail on an HOURLY basis and to be honest: there are only one or two sites that are ‘worth their salt’ (I personally trust their content). Investopedia is one of them and the other is ‘ChartAdvisor’. VERY seldom do I get anything from anybody else who’s not trying to sell me something!!! Yes: Investopedia advertises but that’s what pays for the site of course. So: there’s the answer ‘in a nutshell’.
Regards,
Dale.