Archipelago Ready for Listed Stock Trading
Traders Magazine, September 1999
Archipelago Holdings, the fourth largest electronic communications network as measured by trade volume, said it plans to start trading listed stocks beginning on Nov. 1. A month later, the ECN plans to advertise listed stock prices on the Intermarket Trading System (ITS).
"We need to get representation for our quotes," said Archipelago senior manager MaryLyn Kurish. "This is a building block in our formation of an electronic stock exchange."
All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.