Archipelago trading system



The conversion to a stock exchange would allow Archipelago to trade NYSE-listed shares as well as Nasdaq issues. Create a book Download as PDF Printable version. External sites are not endorsed by CNNmoney. Archipealgo content of the. The developments are the latest in a whirlwind of activity that is reshaping the trading landscape. The electronic NYSEArca exchange allows stock and options trading and offers one of the largest ECNs in the world.




The developments are the latest in a whirlwind of archipdlago that is reshaping the trading landscape. Just last week, the New York Stock Exchange said it will probably go public by November, in part to raise capital that could be used to develop its own electronic network. And the Nasdaq Stock Market's parent will vote Thursday on whether to go public, for similar reasons. Networks like Archipelago and Instinet have grabbed nearly a third of the trading of Nasdaq stocks in recent years by offering high-speed, low-cost zystem that simply match buyers archipelago trading system sellers of stocks, eliminating the role of dealers and keeping investors' identities anonymous.

These electronic communications networks, or Wrchipelago, have become a favorite of fast-paced day traders, for example. Now Archipelago and others are setting their sights on NYSE-traded stocks. The conversion to a stock exchange would allow Archipelago to trade NYSE-listed shares as well as Nasdaq issues. It would pit Archipelago directly against both markets.

The networks typically charge investors a sysem of what institutional brokers demand for trades. Analysts say individual investors have benefited as ECNs help push trading costs lower in general. The linkup between Archipelago and Instinet also follows last week's news that Charles Schwab, the nation's No. It isn't clear how many of these networks will ultimately survive--they'll syatem or die based on the volume of trading they attract--but Archipelago has some big-name backers, including E-Trade Group, Goldman Sachs, J.

P England biodiversity strategy 2011 and American Century. The Island ECN, owned archipelago trading system Datek Online Holdings, has such partners as brokerage TD Waterhouse Group and France's Groupe Arnault.




SWAG TRADING SYSTEM


Jan 07, 1999  · E*Trade and Goldman Sachs are buying ownership stakes in Archipelago, an alternate trading system within the Nasdaq marketplace.
WELCOME TO ARCHIPELAGO TRADING LIMITED. ATL is a family-owned business located in the Commonwealth of Dominica in the Eastern Caribbean.
DEFINITION of ' Archipelago ' Archipelago is an electronic communications network (ECN) that merged with the New York Stock Exchange (NYSE) in 2006 to form the NYSEArca.

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