Technology-driven foreign exchange (FX) brokerage MB Trading FX has unveiled an electronic communication network (ECN) pricing structure, International Business Times reports. The firm has modified the ECN model and will offer ECN FX pricing free of cost.

The commission-free ECN is combined with orders reflecting on the limit book, clients’ ability to cross orders with one another, and a non-fixed spread where all participants may decrease the spread with their bids and offers. MB Trading FX is the first FX broker to offer free ECN trading.

Click here for the story from International Business Times.