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Topic: Archipelago Holdings


  
  NYSE Arca > News Archive
Archipelago Holdings and ArcaEx filed a motion to dismiss these claims on May 21, 2004.
Borsellino and I.M. Acquisitions to voluntarily dismiss Archipelago Holdings and ArcaEx with prejudice.
The Archipelago ECN, a precursor to ArcaEx, was one of the four original ECNs, formed in December 1996 with Townsend Analytics.
www.archipelago.com /inside/news/news_20040917.asp   (457 words)

  
  Encyclopedia :: encyclopedia : Archipelago   (Site not responding. Last check: 2007-11-02)
An archipelago is a landform which consists of a chain or cluster of islands.
Archipelagos are often volcanic, forming along ocean ridges or hotspots, but there are many other processes involved in their construction, including erosion and deposition.
The Archipelago Exchange is a fully electronic stock exchange that merged with the New York Stock Exchange in April 2005 to form the for-profit NYSE Group.
www.hallencyclopedia.com /Archipelago   (239 words)

  
 San Francisco, California - Wikipedia, the free encyclopedia
It was once home to the Pacific Exchange before it was bought out by the NYSE owned Archipelago Holdings, and demutualized.
The law is currently on hold pending a court decision in the case, Fiscal v.
The city is also the home of the annual Bay to Breakers footrace, which holds the world records for greatest number of participants in a footrace (110,000 in 1986) as well as longest consecutively running footrace (annually since 1912).
en.wikipedia.org /wiki/San_Francisco,_California   (8134 words)

  
 Archipelago Holdings Inc. to Acquire the Pacific Exchange   (Site not responding. Last check: 2007-11-02)
Jerry Putnam, Chairman and CEO of Archipelago, commented, “We believe today’s announcement is a win for all involved and a natural extension of the relationship we entered with the PCX in 2000.
Archipelago will pay the purchase price to PCX Holdings shareholders by issuing 20% of the purchase price in registered shares of Archipelago common stock (which represents $10.14 million) and the remaining 80% in cash (which represents $40.55 million), thereby giving PCX Holdings shareowners a stake in the future success of Archipelago.
Archipelago gave the Pacific Exchange $40 million cash and a 10.8 percent equity stake in Archipelago Holdings to become a regulated facility of the Pacific Exchange in 2000, effectively granting it status as an exchange.
www.pacificex.com /news/press/press-2005/press_05_arcatoacquirepcx.html   (1131 words)

  
 Business Intelligence Pipeline | Archipelago Holdings Adopts Streaming Data Platform
Reacting to the high volume and velocity of data messages generated by automated-trading strategies, Archipelago Holdings, the operator of the Archipelago Exchange (ArcaEx), is testing a new real-time information-processing platform.
One of the primary reasons for Archipelago adopting the new real-time information-processing architecture is the growth of algorithmic trading where mathematical models, instead of humans, generate buy and sell signals as well as cancel and replace orders within milliseconds.
With Archipelago looking to enter the options business through its pending acquisition of the Pacific Exchange, the technology could be applied to options data as well, says Rubinow, noting that options data rates are 45,000 messages per second.
www.bizintelligencepipeline.com /60402075   (1020 words)

  
 Archipelago Holdings and the Pacific Exchange Amend Deal Terms   (Site not responding. Last check: 2007-11-02)
Archipelago will still pay an amount - now all in cash - that is equal to the sum of the value of shares of Archipelago common stock owned by PCX Holdings at closing (currently 1,645,415 shares), plus $17 million (subject to certain adjustments which are unaffected by the amendment).
In connection with the proposed merger of Archipelago and the NYSE, the parties filed a registration statement on Form S-4 with the SEC on July 21, 2005, containing a preliminary joint proxy statement/prospectus regarding the proposed transaction.
Shareholders of Archipelago and members of the NYSE will be able to obtain a free copy of the joint proxy statement/prospectus, as well as other filings containing information about Archipelago and the NYSE without charge, at the SEC's website (http://www.sec.gov) once such documents are filed with the SEC.
www.pacificex.com /news/press/press-2005/press_05_arca.html   (1114 words)

  
 NEWS - Comcast.net
The new entity, a holding company to be called NYSE Group Inc., will spin off the New York Stock Exchange's regulatory arm - recently invigorated after coming under intense criticism for failing to stem a floor-trading scandal - into a not-for-profit oversight entity.
Archipelago handles about 25 percent of the trades in stocks listed on the Nasdaq Stock Market, but has made little impact in handling NYSE stocks, where more than 80 percent of listed stocks trade on the floor of the exchange in a specialist-managed auction.
Shares of Archipelago surged 11 percent, or $1.86, to $18.76 on the Pacific Stock Exchange, a regional exchange affiliated with Archipelago, before trading was halted due to pending news.
www.comcast.net /news/index.jsp?cat=GENERAL&fn=/2005/04/20/112856.html   (484 words)

  
 PRESS RELEASE Pacific Exchange to Trade Options in Pennies   (Site not responding. Last check: 2007-11-02)
In connection with the proposed acquisition of PCX Holdings and its subsidiaries by Archipelago Holdings, the parties intend to file relevant materials with the SEC, including a registration statement on Form S-4.
Archipelago, NYSE and their respective directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from Archipelago stockholders in respect of the proposed transaction.
Information regarding Archipelago's directors and executive officers is available in Archipelago's proxy statement for its 2005 annual meeting of stockholders, dated March 31, 2005.
www.marketwire.com /mw/release_html_b1?release_id=89711   (949 words)

  
 FINANCE - BUSINESS NEWS - Comcast.net
Archipelago Holdings Inc. Chairman and CEO Jerry Putnam addresses members of the media during a news conference...
The new entity, a holding company to be called NYSE Group Inc., will spin off the NYSE's regulatory arm - recently invigorated after coming under intense criticism for failing to stem a floor-trading scandal - into a not-for-profit oversight entity.
Archipelago handles about 25 percent of the trades in stocks listed on the Nasdaq, but has made little impact in handling NYSE stocks, where more than 80 percent of listed stocks trade on the floor of the exchange.
www.comcast.net /finance/business/index.jsp?cat=BUSINESS&fn=/2005/04/20/112869.html   (642 words)

  
 NYSE closes $10b Archipelago buyout - The Boston Globe
The New York Stock Exchange closed its $10 billion acquisition of electronic rival Archipelago Holdings Inc. yesterday, a move that turned the 214-year-old not-for-profit exchange into a publicly traded company with advanced trading technology.
The NYSE and Archipelago will continue to operate separately under the NYSE Group umbrella, at least for a short time.
Archipelago shareholders, who saw the value of their stock jump from $16.90 last year, will trade their Arca shares for NYSE Group stock on a one-for-one basis.
www.boston.com /business/technology/articles/2006/03/08/nyse_closes_10b_archipelago_buyout   (403 words)

  
 Archipelago Holdings Completes Pacific Exchange Acquisition
We would like to thank Phil and his team for their outstanding contributions to this process and for the successful partnership that has existed between the two companies since we aligned in 2000 to create ArcaEx." The Archipelago-Pacific merger was approved by the Securities and Exchange Commission on September 22, 2005.
These statements are based on Archipelago's current expectations and involve risks and uncertainties that could cause Archipelago's actual results to differ materially from those set forth in the statements.
Except for any obligation to disclose material information under the Federal securities laws, Archipelago undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date of this press release.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/09-26-2005/0004132189&EDATE=   (466 words)

  
 Trading center fading / Pacific Exchange faces uncertain future as markets merge
Archipelago agreed on Jan. 3 to buy PCX Holdings Inc., the Pacific Exchange's parent, for around $50.7 million.
The firms have been partners since 2000, when the Pacific Exchange acquired an 11 percent equity stake in Archipelago and a seat on its board and Archipelago gained the exchange's equities unit and license to operate as a bona fide stock exchange.
Archipelago's takeover of the rest of the operations would create the first fully integrated electronic exchange trading both stock and options.
www.sfgate.com /cgi-bin/article.cgi?f=/c/a/2005/06/25/BUGISDEM5E1.DTL&feed=rss.business   (1151 words)

  
 Untitled Document
Archipelago (AX: news, chart, profile) said in a statement late Monday that it will pay shareholders of PCX Holdings, the parent company of the Pacific Exchange, $50.69 million, or about $83.74 per share, subject to possible adjustments.
Archipelago said it will pay 20 percent of the purchase price in Archipelago common stock and the remainder in cash.
Archipelago Holdings, the owner of ArcaEx, the largest electronic stock market, is expected to buy the Pacific Exchange for about $50 million.
www.pricegroup.com /newsletter/010405.htm   (2340 words)

  
 SignOnSanDiego.com > News > Business -- NYSE unveils draft proxy statement for Archipelago merger
Under an amended merger agreement, part of the draft proxy filed with the SEC, owners of the exchange's 1,366 seats – each of whom will receive approximately $3.5 million in cash and stock in the exchange – will be given a chance to cash in their shares earlier than expected.
Members will be able to sell one-third of their holdings a year after the deal closes, and another third in each of the two following years.
The move would bring Archipelago into the top ranks of world equity markets, while the NYSE would get a strong, fast electronic trading system at a time when competition from its chief U.S. rival, the all-electronic Nasdaq Stock Market Inc., is steadily increasing.
www.signonsandiego.com /news/business/20050721-1426-nyse-archipelago.html   (845 words)

  
 SEC Info - NYSE Group/Inc - S-1/A - On 4/13/06   (Site not responding. Last check: 2007-11-02)
We were formed in connection with the merger of the NYSE and Archipelago, which was completed on March 7, 2006.
In the merger, the NYSE members and Archipelago stockholders received shares of NYSE Group common stock (in addition to a cash payment made to NYSE members) that were issued in an offering registered under the Securities Act.
Because the merger was not consummated by December 31, 2005, the following summary historical financial data reflect the NYSE and Archipelago separately.
www.secinfo.com /dVut2.v4uv.htm   (4775 words)

  
 ARCHIPELAGO HOLDINGS L L C stock options, ARCHIPELAGO HOLDINGS L L C stock price, stock quote resear
Executive ARCHIPELAGO HOLDINGS L L C stock options are granted at some ARCHIPELAGO HOLDINGS L L C stock price.
One can look up ARCHIPELAGO HOLDINGS L L C stock quotes as well as pursue other ARCHIPELAGO HOLDINGS L L C stock research using the ARCHIPELAGO HOLDINGS L L C stock symbol, also referred to as ARCHIPELAGO HOLDINGS L L C stock ticker.
ARCHIPELAGO HOLDINGS L L C stock shares per executive are available in the companies proxy statement.
swz.salary.com /execcomp/layouthtmls/excl_companyreport_C1002752_summary.html   (826 words)

  
 deseretnews.com | NYSE acquiring Archipelago
NEW YORK — With a mixture of vision and nostalgia, the seat owners of the New York Stock Exchange voted Tuesday to acquire Archipelago Holdings Inc., a deal that will transform the 213-year-old Big Board into a for-profit company with new, high-tech trading capabilities.
Archipelago shareholders, meeting in Chicago, approved the transaction earlier Tuesday, though the margin of the vote was not disclosed.
Some of that competitive pressure came from Archipelago itself, which has increased its share of NYSE-listed stock trades in recent years, but has also seen intense competition from other electronic trading platforms.
deseretnews.com /dn/view/0,1249,635166833,00.html   (470 words)

  
 Archipelago Holdings Releases October 2005 Transaction Volume Data : ArriveNet Press Releases : Business   (Site not responding. Last check: 2007-11-02)
Archipelago Holdings (PCX: AX) operates The Archipelago Exchange® (ArcaEx®) the first totally open all-electronic stock exchange in the United States.
In 2004, Archipelago launched ArcaVision to provide corporate and trading clients with more transparent market data, analytical tools and access to market-wide and ArcaEx specific trading information.
Archipelago Holdings completed its initial public offering in August 2004.
press.arrivenet.com /business/article.php/718262.html   (1013 words)

  
 NYSE applies quick fix / Merger with Archipelago Holdings to expand its capabilities
By merging with Archipelago Holdings and morphing into a for-profit, publicly held company, it vastly increases its electronic trading capabilities at a time when its customers and regulators are demanding it.
Archipelago's market value was $844 million, based on Wednesday's closing price.
In addition to being a stock market, another important job for the exchange was policing the securities firms that are its members and trade on the exchange.
www.sfgate.com /cgi-bin/article.cgi?f=/c/a/2005/04/21/BUGUGCC7G81.DTL   (869 words)

  
 Archipelago Buys Pacific Stock Exchange
Archipelago Holdings Inc. has announced its intention to acquire PCX Holdings Inc., which is the parent of the Pacific Stock Exchange.
Archipelago will become the first U.S. firm to offer electronic trading of both stocks and stock options.
Archipelago will use its own brand name, ArcaEx, for the options exchange, and once the deal closes, the Pacific Exchange name will be discontinued.
www.eweek.com /article2/0,1759,1748508,00.asp?kc=EWRSS03119TX1K0000594   (1134 words)

  
 Archipelago Holdings, Inc. :: Archipelago Holdings, Inc. to Sell Wave Securities Subsidiary to Merrill Lynch   (Site not responding. Last check: 2007-11-02)
The sale of Wave Securities by Archipelago was obligated by an order of the Securities and Exchange Commission as part of Archipelago's acquisition of the Pacific Exchange, Inc., in September 2005.
Jerry Putnam, Chairman and CEO of Archipelago, commented, "Wave Securities has played an important and unique role in the evolution of Archipelago from an ECN to a full-fledged exchange.
Archipelago Holdings, Inc. (PCX: AX) operates the Archipelago Exchange(R) (ArcaEx(R)) the first totally open all-electronic stock exchange in the United States.
sev.prnewswire.com /banking-financial-services/20060123/NYM04323012006-1.html   (541 words)

  
 No Sure Thing (Archipelago Holdings, Chicago Mercantile Exchange, Nasdaq Stock Market) | SmartMoney.com
The merger of the NYSE and Archipelago Holdings (AX), an electronic stock exchange, is due to close Tuesday, creating a new public company called NYSE Group, whose shares will trade under the symbol NYX, starting Wednesday.
Archipelago's recent purchase of the Pacific Exchange gives the Big Board a foothold in stock options, too, where the Pacific has a 10% market share.
Archipelago shareholders will end up with 30% of the new company, while the NYSE's previous owners — holders of its 1,366 membership seats — will control 70%.
www.smartmoney.com /barrons/index.cfm?story=20060310   (1357 words)

  
 DealWatch - - CFO.com   (Site not responding. Last check: 2007-11-02)
It plans to enter into a new senior secured credit facility and issue senior subordinated notes in connection with the acquisition, which is expected to close in February.
Archipelago Holdings Inc., the parent company of the Archipelago Exchange (ArcaEx), will acquire PCX Holdings (PCX), parent company of the Pacific Exchange and PCX Equities, for about $50.69 million, or approximately $83.74 per share.
Archipelago Holdings will also acquire the self-regulatory organization of the PCX, as well as its 20 percent ownership interest in the Options Clearing Corp., according to a company statement.
www.cfo.com /article.cfm/3534136/c_3534803?f=bc   (644 words)

  
 deseretnews.com | NYSE and Archipelago Holdings to merge
NEW YORK — The 213-year-old New York Stock Exchange vaulted into the top ranks of electronic stock trading Wednesday, announcing a merger with all-electronic rival Archipelago Holdings Inc. in a stunning move that will also transform the NYSE into a for-profit, publicly traded enterprise.
Archipelago is valued at $844 million using Wednesday's closing stock price.
The new entity, a holding company to be called NYSE Group Inc., will spin off the NYSE's regulatory arm — recently invigorated after coming under intense criticism for failing to stem a floor-trading scandal — into a not-for-profit oversight entity.
deseretnews.com /dn/view/0,1249,600127898,00.html   (440 words)

  
 NYSE > Press Releases >12-30-2005
On April 20, the NYSE announced its merger with Archipelago Holdings Inc. Through the merger, the NYSE will become a publicly-traded, for-profit company for the first time in its 213-year history.
NYSE CEO John A. Thain shakes hands with Archipelago CEO Jerry Putnam after announcing the Exchange's acquisition of Archipelago Holdings Inc. (PCX: AX) during a press conference at the NYSE on April 20, 2005.
Certain statements in this correspondence may contain forward-looking information regarding the NYSE and Archipelago and the combined company after the completion of the transactions that are intended to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995.
www.nyse.com /press/1135252289621.html   (2049 words)

  
 USATODAY.com - SEC approves NYSE, Archipelago merger   (Site not responding. Last check: 2007-11-02)
WASHINGTON (AP) — Federal regulators on Monday approved the merger of the New York Stock Exchange with electronic rival Archipelago Holdings, a market-shaping deal that will transform the 213-year-old Big Board into a for-profit company.
The Securities and Exchange Commission announced its approval of the $9 billion transaction, which will give the NYSE — already the world's biggest stock exchange — new, high-tech trading capabilities and an estimated 49% of the market in stock trading.
It was the final hurdle for the deal, which won approval late last year from the Justice Department, NYSE seat owners and Archipelago shareholders.
www.usatoday.com /money/markets/us/2006-02-28-nyse-archipelago-ap_x.htm   (401 words)

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