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archipelago
Latest Headlines
Latest Headlines
John Thain was the man everyone wanted
John Thain was a man in heavy demand. While the jury is out on whether the NYSE will emerge as the unquestioned world exchange leader, he was seen as decisive and shrewd, especially for his deals with Euronext and Archipelago. So when Merrill Lynch and Citigroup needed new CEOs, his name kept cro
NYSE's Putnam's role to change
Jerry Putnam will be remembered as the man who really helped bring a new trading model to the New York Stock Exchange. The acquisition of his Archipelago service in 2005 by the Big Board may end up ranking as one those pivotal moves in the history of the exchange. He was always seen as more o
'Vinnie' comments enrage NYSE floor
Floor denizens at the New York Stock Exchange are used to being called dinosaurs, anachronisms and colorful characters and the like. Certainly, enough 'end of an era' stories about them have been
NYSE shuffles top management
The NYSE Group has hired another big name Goldman Sachs executive. Duncan Niederauer will join the company as president and co-chief operating officer. He'll be in charge of cash equities
Suit against NYSE continues
A group of ex-NYSE seatholders has sued the New York Stock Exchange , charging that they were misled by CEO John
NYSE to pare 500 additional jobs
To do global battle, the New York Stock Exchange needs the kind of efficiencies that come from deals like the one with Archipelago. To that end, it continues to pare. The latest news is that it
IT looms large in NYSE's deal strategy
If the Archipelago and Euronext deals works as planned, the NYSE is set to become a global, 24/7 provider of services. It all depends on integrating the acquisitions, which could be difficult.
Can the NYSE please the buyside and the floor?
Will the Big Board's plans for a hybrid system work? Traders magazine notes it has been two years since the Big Board filed its plans with the SEC. Since then, the exchange has filed
Who will lead the New York Stock Exchange?
A MarketWatch columnist notes that John Thain has long maintained that he would hold the top job at the New York Stock Exchange for just three-to-five years. He's less than a year away
Hedge fund builds up NYSE stake
Atticus Capital bought up roughly 2.5 million New York Stock Exchange shares last week, which gave the issue a nice boost. A former owner of 12 percent of Archipelago, the fund now has 9.4 million
