Big Board Specialists Warm to Arca
Traders Magazine, August 2006
New York Stock Exchange specialists are cottoning to NYSE Arca. Their interest comes at a time when Big Board execs are discussing internally the possibility of shifting trading in the more liquid NYSE-listed names over to the all-electronic Arca platform. SIG Specialists recently became the first Big Board specialist to become a "lead market maker" at NYSE Arca when it agreed to support a new listing called Darwin Professional Underwriters. The stock is one of 10 primary listings on the NYSE's sister exchange, most of which are supported by two obscure trading houses-Sun Trading and CRT Capital. The affiliate of the large equities and
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