Electronic Trading on Big Board Upstages Terror Talk

Article Abstract:

The New York Stock Exchange plans to allow electronic trading of big blocks of stock, by institutional investors, using a program called Direct Plus. The move is aimed at keeping such investors from shifting away their business to electronic competitors of the Big Board, and the new program is expected to be up and running in 6 to 12 months.

Stock-exchange, Stock exchanges, Technology application, Institutional investments, Block trading

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Big Board Deal Stirs Up the Rivalries

Article Abstract:

Executives at Merrill Lynch and Company are questioning the ethics of investment bank Goldman Sachs Group Inc. Both the New York Stock Exchange and Archipelago Holdings Inc. were advised by Goldman Sachs Group regarding their proposed merger.

Organizational history, Company restructuring/company reorganization, Reorganization and restructuring, Company organization, Merrill Lynch & Company Inc.

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Rival N.Y.S.E. Bid Said to Be in Works

Article Abstract:

Kenneth G. Langone announced that he and other Wall Street executives are planning to put together a bid to acquire the New York Stock Exchange in response to the exchange's plans to buy Archipelago.

Contracts & orders received, Public affairs, Alliances, partnerships, Contracts & orders let, Contracts, Contract agreement, Public relations, Alliances and partnerships, Company public relations, Langone, Kenneth G.

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