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To: Joseph Silent who wrote (3251)8/8/1999 3:22:00 PM
From: Testy_Coles  Read Replies (1) | Respond to of 10027
 
Joseph, I understand the anonymous part. I'm still a bit confused as to whether or not they can match internally. IOW, if FBCO uses INCA to sell @ $50, no one "knows" that it's FBCO selling @ $50.

What I'm trying to determine is if ECN's have a true internal software that would execute my "buy" order for $50 with FBCO "sell" order for $50 exclusively through INCA. I didn't know this could be done totally and automatically "inside" an ECN.