Electronic Communications Network (ECN)
AIMS employs a non-dealing desk business model in which the Electronic Communications Network (ECN) is strictly involved.
The ECN system automatically matches clients’ buy and sell orders for securities by connecting clients directly to major brokerages and individual traders. This eliminates the need for a middleman or dealing desk to stand in-between and helps ensure clients’ orders are matched with the best available bid and ask quotes from multiple market participants.
Being part of the ECN, AIMS only earns the spread over each matched transaction. The ECN system provides both retail and institutional traders with an array of benefits, such as promoting transparent and speedy price execution, which facilitates automated trading and can be customized for passive order matching.