What's Difference Between Electronic Communication Network and Market Maker Commodities Trading Account in Commodity Trading?

ECN Commodities Trading Account vs Maker Account Commodity Trading

ECN Commodities Trading Accounts

ECN Commodities Account stands for Electronic Communication Network, these ECN Commodities Trading Account commodity brokers are connected to the interbank network directly through an electronic communication network & the commodity orders from the ECN Commodities Account are placed straight to the electronic net-work.

The ECN Commodities Account will display different orders from different banks. Commodity trading quote placed by these ECNs network of banks are direct from to the interbank network & orders are executed directly to the inter bank markets once a trader trading with this ECN account places an order with their commodities trading broker.

These ECNs account will charge commissions + spreads for every commodity trade. For these ECN Commodities Account execution method every trade is matched to another in real-time over interbank net-work - ECN Network.

MM Accounts

Market Maker Commodities Trading Accounts are commodity broker accounts where Market Maker commodity brokers have a dealing desk execution model where they can match orders in house without going to the commodity market.

Commodity Trading orders can also be executed against their traders - meaning the broker can take the opposite side of a traders open trades.

This commodities trading broker can make the decision to either execute a commodity order that's the opposite of a commodity trader's order thus if the trader makes a loss the broker makes a profit, & if commodity trader makes a profit the broker makes a loss.