Ceratophyllum and Eleododensa species are fast growing and use a lot of nitrate (competing out green algae), provide Oxygen, and secrete an anti-bacterial substance as well as using a lot of phosphate so also reducing the change of blue algea which is a bacteria. They also help micro-organisms to flourish (helpfull in shrimp tanks). I find the biggest drawback that I have to prune a lot, because they are so fast growing, especially in my small tanks (20G). I find them very easy to grow and have them also outdoors in ponds, they even survive frosty winters.Definitely not one of my favourites. I've had very little luck growing this plant, but I've been told like hygro it is ideal for controlling phosphates in excess of 1 mg/l. Same goes for nitrates. I have Horwort C. demersum which forms rigid stems.
I have no refereces on the substance itself, but the process is called Allelopathy.Ceratophyllum demersum (hornwort) and egeria densa (elodea) are two of my favorites. I would like to learn more about them. Do you have any references on the anti-bacterial substance they secrete?