ECN-Display-Alternative Rule

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E

ECN-Display-Alternative Rule

Definition

[Exchange Act Rule 11Ac1-1(c)(5)(ii)] Rule that permits an electronic communications network (ECN) to act as an intermediary in communicating to the public quotation system the highest buy price and lowest sell price and size of orders for each security entered into the ECN by an exchange specialist or an over-the-counter market maker.

Related rules

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— In the Matter of Brut, LCC

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