Free Site Registration

An IPO Planned by Nasdaq Rival

Traders Magazine, December 2003

Staff Reports

An ECN-turned-stock exchange for Nasdaq and listed issues may steal a march on Nasdaq. Archipelago Holdings, the parent of ArcaEx, has confirmed it has plans to go public in 2004. If Arca's gambit succeeds, the IPO could raise the stakes for Nasdaq, which has been grappling for three years over its exchange applicaton. Nasdaq has also considered its own formal initial public offering of stock, pending exchange approval.

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?