Big Board Deal May Tip World Of Floor Trades
Article Abstract:
The New York Stock Exchange announced the acquisition of the electronic trading service Archipelago Holdings L.L.C. With the acquisition, the New York Stock Exchange will go public, paying members $300,000 for a seat and issuing stocks for 70 percent of the company.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2005
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Owner of Big Electronic Stock Trading System Is Said to Be for Sale
Article Abstract:
The Instinet Group which owns Inet, an electronic trading network, and Instinet, a brokerage service, is for sale. Possible buyers Archipelago, Nasdaq and the New York Stock Exchange are Instinet's main rivals.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
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Big Board Seat Sells for a Record $3 Million
Article Abstract:
The announcement of the proposed merger between the New York Stock Exchange and Archipelago Holdings has resulted in an increase in the price of a seat on the exchange and the price of stock of Archipelago.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2005
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Comment about this article or add new information about this topic:
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