Free Site Registration

ArcaEx Becomes EFT Electronic Strongman

Traders Magazine, October 2002

Peter Chapman

ArcaEx is up now that Island is down. The new electronic stock exchange has doubled its share of the market in the most heavily-traded ETFs since its rebellious competitor "went dark." A good chunk of the volume in the exchange-traded funds, known as the QQQs, SPDRs and Diamonds, has left the Island ECN in the wake of its decision to pull its quotes from public view in late September.

Get access to this article and thousands more...

All 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.

Already Registered?