†"The quotation behaviour of electronic communication networks and Nasdaq market makers".
Some big financial institutions are investing in rivals, such as online trading systems, collectively known as electronic communication networks (ECNs).
The new plan, which is subject to approval by the Securities and Exchange Commission, is an attempt to mollify the operators of electronic communication networks, known as ECN's.
But it too faces competition from a crop of "electronic communication networks" (ECNs), such as Island, that offer low-cost electronic share-trading.
For almost 10 years, the exchange, which controls 80percentt of trading in its listed stocks, has faced a wave of electronic competitors called electronic communication networks, or E.C.N.'s.
Buying Spear, Leeds, the fourth-biggest Nasdaq market maker, would give Goldman a 21percentt stake in Redibook, one of a new breed of electronic exchanges known as electronic communication networks.
As Professor Steve Furber, who heads SpiNNaker, explains: "The solution we came up with was basically when a neuron goes 'ping' this is represented as a very small packet in an electronic communication network.
We conclude that viable electronic communication network designs which incorporate expandable limit orders to encourage block-trading must also provide escape valves, such as the periodic enforcement of strict price-time priority, to limit the negative externality imposed on those waiting to trade.
(48) Reliable and secure communication of information over electronic communications networks is increasingly central to the whole economy and society in general.
(44) Reliable and secure communication of information over electronic communications networks is increasingly central to the whole economy and society in general.
