Thursday, April 21, 2005

NYSE to acquire Archipelago

Talk about major stories! The NYSE has announced plans to acquire the Archipelago stock market! With the NYSE losing marketshare to ECNs, it has long been speculated as to what the Big Board's response would be. It appears that this is it!From the NY Times:"The New York Stock Exchange, whose shouting traders and frenzied activity have become a global symbol of capitalism, announced yesterday

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