Archipelago Exchange
E80272
Archipelago Exchange was an early electronic communications network (ECN) and stock exchange platform that later evolved into what is now known as NYSE Arca.
Aliases (1)
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
electronic communication network
→
stock exchange → trading platform → |
| aimedTo |
improve execution speed
→
increase transparency in electronic trading → provide an alternative to traditional stock exchanges → reduce trading costs → |
| basedOnTechnology | electronic limit order book → |
| contributedTo |
competition with traditional floor-based exchanges
→
development of electronic equity trading in the United States → growth of exchange-traded fund trading → |
| country |
United States of America
→
surface form: "United States"
|
| evolvedInto |
NYSE Arca
→
surface form: "NYSE Arca electronic trading platform"
|
| hadMarketData | real-time quotes and trades → |
| hadTradingVenueType | order-driven market → |
| industry |
electronic trading
→
financial services → securities trading → |
| marketPosition | one of the early ECNs in U.S. equity markets → |
| mergedInto | New York Stock Exchange → |
| notableFeature |
automatic order matching
→
direct market access for broker-dealers → fully electronic trading system → low-latency trading infrastructure → |
| offeredFunctionality |
electronic order routing
→
good-till-cancelled orders → immediate-or-cancel orders → limit orders → market orders → stop orders → |
| operatedAs |
ECN
→
stock exchange → |
| operatedInCurrency |
US dollar
→
surface form: "United States dollar"
|
| orderExecution | price-time priority matching → |
| ownerAfterMerger |
New York Stock Exchange
→
surface form: "NYSE Group"
|
| providedServiceTo |
broker-dealers
→
institutional investors → market makers → |
| regulator |
Securities and Exchange Commission
→
surface form: "U.S. Securities and Exchange Commission"
|
| regulatoryStatus | registered stock exchange in the United States → |
| roleInMarketStructure |
alternative trading system
→
electronic communications network → |
| successor | NYSE Arca → |
| technologyType | screen-based trading system → |
| tradedAsset |
equities
→
exchange-traded funds → options → |
| tradingHours | extended-hours trading → |
| tradingModel | electronic order-driven market → |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form: "Archipelago Exchange MIC (historical association)"