ECNs in Race to Dominate Trading
Traders Magazine, December 2001
The race among ECNs to dominate trading in Nasdaq stocks could speed up in the coming months as marriage partners Archipelago and Redibook make up ground on industry leader Instinet and, the No. 2, Island. The partners combined would account for some eight percent of Nasdaq share volume, compared with about 11.6 percent on Instinet, and 10.4 percent on Island. (The volume is based on Nasdaq data.)
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.