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NYSE Arca, previously known as ArcaEx, an abbreviation of Archipelago Exchange, is an exchange on which both stocks and options are traded. It was owned by Intercontinental Exchange. It merged with the New York Stock Exchange in 2006 and now operates as a subsidiary of the NYSE Group, Inc.^[2]^[3] It is headquartered in Chicago.^[3]

Early reports indicated that NYSE Arca may have played a role in the 2010 Flash Crash.^[4]^{[needs update]}

History

In November 1994, Stuart Townsend and Gerald Putnam founded TerraNova Trading LLC, an electronic securities exchange, in Chicago. Its product, Archipelago, started accepting trading orders on January 20, 1997.^[5]

In 2005, Archipelago Holdings, the owner of ArcaEx, bought the Pacific Exchange, after what had been a close working relationship since 2001.^[6]

In 2006, ArcaEx merged with the New York Stock Exchange (NYSE) and the name was changed to NYSE Arca.

On August 22, 2013 the Arca system sent multiple sequences to Nasdaq which overloaded the Securities Information Processor (SIP) caused by reconnection issues to Nasdaq. This in turn caused a chain effect reaction which led to the NASDAQ flash freeze.^[7]

On Monday, March 20, 2017, the Arca platform stopped functioning due to a "system issue" and the exchange was unable to close trading for an undetermined number of funds.^[8]

References

^ "Deutsche Bank's db-X Opens NYSE Arca on August 9". Reuters. Aug 9, 2011. Archived from the original on July 15, 2014.
^ Kenton, Will (April 4, 2018). "Archipelago". Investopedia. Retrieved May 9, 2019.
^ ^a ^b "NYSE Arca, Inc.: Private Company Information". Bloomberg BusinessWeek. Archived from the original on June 5, 2013.
^ Phillips, Matt (11 May 2010). "Nasdaq: Here's Our Timeline of the Flash Crash". The Wall Street Journal. Archived from the original on Aug 29, 2015.
^ "Archipelago Holdings LLC". Free Encyclopedia of Ecommerce.
^ "Archipelago to Buy the Pacific Exchange". Chicago Tribune. January 4, 2005. Archived from the original on Jun 27, 2018.
^ "NASDAQ OMX Provides Updates on Events of August 22, 2013". Nasdaq, Inc. Aug 29, 2013. Retrieved 2018-10-19.
^ "Glitch at NYSE Arca Hits Hundreds of Exchange Traded Funds". Financial Times. March 21, 2017.

External links

NYSE Arca Trading Information on NYSE
NYSE to merge with Archipelago; NASDAQ to buy Instinet. Wikinews

This article about stock exchanges is a stub. You can help Wikipedia by expanding it.

[1] "Deutsche Bank's db-X Opens NYSE Arca on August 9". Reuters. Aug 9, 2011. Archived from the original on July 15, 2014.

[investopedia-2] Kenton, Will (April 4, 2018). "Archipelago". Investopedia. Retrieved May 9, 2019.

[bizweek-3] "NYSE Arca, Inc.: Private Company Information". Bloomberg BusinessWeek. Archived from the original on June 5, 2013.

[4] Phillips, Matt (11 May 2010). "Nasdaq: Here's Our Timeline of the Flash Crash". The Wall Street Journal. Archived from the original on Aug 29, 2015.

[5] "Archipelago Holdings LLC". Free Encyclopedia of Ecommerce.

[6] "Archipelago to Buy the Pacific Exchange". Chicago Tribune. January 4, 2005. Archived from the original on Jun 27, 2018.

[7] "NASDAQ OMX Provides Updates on Events of August 22, 2013". Nasdaq, Inc. Aug 29, 2013. Retrieved 2018-10-19.

[8] "Glitch at NYSE Arca Hits Hundreds of Exchange Traded Funds". Financial Times. March 21, 2017.

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@@ Line 1: / Line 1: @@
+{{Short description|American stock exchange}}
 {{Refimprove|date=May 2007}}
-[[File:Db-X Deutsche Bank Arca 2011 Shankbone.jpg|thumb|The [[New York Stock Exchange]] building on August 9, 2011, when [[Deutsche Bank]]'s db-X Group commenced trading on NYSE Arca<ref>[https://www.reuters.com/article/2011/08/09/idUS146177+09-Aug-2011+BW20110809 Deutsche Bank`s db-X Opens NYSE Arca on August 9], Reuters</ref>]]
+[[File:Db-X Deutsche Bank Arca 2011 Shankbone.jpg|thumb|The [[New York Stock Exchange Building]] on August 9, 2011, when [[Deutsche Bank]]'s db-X Group commenced trading on NYSE Arca<ref>{{Cite web |date=Aug 9, 2011 |title=Deutsche Bank's db-X Opens NYSE Arca on August 9 |url=http://www.reuters.com/article/2011/08/09/idUS146177%2B09-Aug-2011%2BBW20110809 |url-status=dead |archive-url=https://web.archive.org/web/20140715011056/http://www.reuters.com/article/2011/08/09/idUS146177+09-Aug-2011+BW20110809 |archive-date=July 15, 2014 |website=Reuters}}</ref>]]
-'''NYSE Arca''', previously known as '''ArcaEx''', an abbreviation of '''Archipelago Exchange''', is an [[Exchange (organized market)|exchange]] on which both stocks and options are traded. It was owned by [[Intercontinental Exchange]]. It merged with the [[New York Stock Exchange]] in 2006 and now operates as a subsidiary of the NYSE Group, Inc.<ref name="investopedia">{{cite web | url=https://www.investopedia.com/terms/a/archipelago.asp | title=Archipelago | first=Will | last=Kenton | accessdate=May 9, 2019 | date=April 4, 2018 | publisher=Investopedia}}</ref> <ref name="bizweek"></ref>It is headquartered in [[Chicago]].<ref name="bizweek">{{cite web|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=7960146|title=NYSE Arca Overview|website=Bloomberg BusinessWeek}}</ref>
+'''NYSE Arca''', previously known as '''ArcaEx''', an abbreviation of '''Archipelago Exchange''', is an [[Exchange (organized market)|exchange]] on which both stocks and options are traded. It was owned by [[Intercontinental Exchange]]. It merged with the [[New York Stock Exchange]] in 2006 and now operates as a subsidiary of the NYSE Group, Inc.<ref name="investopedia">{{cite web | url=https://www.investopedia.com/terms/a/archipelago.asp | title=Archipelago | first=Will | last=Kenton | access-date=May 9, 2019 | date=April 4, 2018 | publisher=Investopedia}}</ref><ref name="bizweek"></ref> It is headquartered in [[Chicago]].<ref name="bizweek">{{cite web|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=7960146|archive-url=https://web.archive.org/web/20130605005442/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=7960146|url-status=dead|archive-date=June 5, 2013|title=NYSE Arca, Inc.: Private Company Information |website=Bloomberg BusinessWeek}}</ref>
-Early reports indicated that NYSE Arca may have played a role in the [[2010 Flash Crash]].<ref>{{cite news| url=https://blogs.wsj.com/marketbeat/2010/05/11/nasdaq-heres-our-timeline-of-the-flash-crash/ | work=The Wall Street Journal | first=Matt | last=Phillips | title=Nasdaq: Here's Our Timeline of the Flash Crash | date=11 May 2010}}</ref>{{Update inline|reason=It's been eight years; conclusions have probably been reached.|date=May 2018}}
+Early reports indicated that NYSE Arca may have played a role in the [[2010 Flash Crash]].<ref>{{cite news| url=https://blogs.wsj.com/marketbeat/2010/05/11/nasdaq-heres-our-timeline-of-the-flash-crash/ | work=The Wall Street Journal | first=Matt | last=Phillips | title=Nasdaq: Here's Our Timeline of the Flash Crash | date=11 May 2010 |url-status=live |archive-url=https://web.archive.org/web/20150829073058/https://blogs.wsj.com/marketbeat/2010/05/11/nasdaq-heres-our-timeline-of-the-flash-crash/ |archive-date= Aug 29, 2015 }}</ref>{{Update inline|reason=It's been eight years; conclusions have probably been reached.|date=May 2018}}
 ==History==
 In November 1994, Stuart Townsend and Gerald Putnam founded TerraNova Trading LLC, an electronic securities exchange, in Chicago. Its product, Archipelago, started accepting trading orders on January 20, 1997.<ref>{{cite encyclopedia|encyclopedia=Free Encyclopedia of Ecommerce|title=Archipelago Holdings LLC}}</ref>
-In 2005, Archipelago Holdings, the owner of ArcaEx, bought the [[Pacific Exchange]], after what had been a close working relationship since 2001.<ref>{{cite news |url=http://articles.chicagotribune.com/2005-01-04/business/0501040314_1_pacific-exchange-american-stock-exchange-archipelago-holdings |title=Archipelago to Buy the Pacific Exchange |date=January 4, 2005 |publisher=Chicago Tribune |first=New |last=York}}</ref>
+In 2005, Archipelago Holdings, the owner of ArcaEx, bought the [[Pacific Exchange]], after what had been a close working relationship since 2001.<ref>{{cite news |url=http://articles.chicagotribune.com/2005-01-04/business/0501040314_1_pacific-exchange-american-stock-exchange-archipelago-holdings |title=Archipelago to Buy the Pacific Exchange |date=January 4, 2005 |publisher=Chicago Tribune |url-status=dead |archive-url=https://web.archive.org/web/20180627034016/http://articles.chicagotribune.com/2005-01-04/business/0501040314_1_pacific-exchange-american-stock-exchange-archipelago-holdings |archive-date= Jun 27, 2018 }}</ref>
-In 2006 it ArcaEx merged with the New York Stock Exchange (NYSE) and the name was changed to NYSE Arca.
+In 2006, ArcaEx merged with the New York Stock Exchange (NYSE) and the name was changed to NYSE Arca.
-On August 22, 2013 the Arca system sent multiple sequences to Nasdaq which overloaded the Securities Information Processor (SIP) caused by reconnection issues to Nasdaq. This in turn caused a chain effect reaction which led to the [[August 2013 NASDAQ flash freeze|NASDAQ flash freeze]].<ref>{{Cite web|url=http://ir.nasdaq.com/news-releases/news-release-details/nasdaq-omx-provides-updates-events-august-22-2013|title=NASDAQ OMX Provides Updates on Events of August 22, 2013 {{!}} Nasdaq, Inc.|website=Nasdaq, Inc.|language=en|access-date=2018-10-19}}</ref>
+On August 22, 2013 the Arca system sent multiple sequences to Nasdaq which overloaded the Securities Information Processor (SIP) caused by reconnection issues to Nasdaq. This in turn caused a chain effect reaction which led to the [[August 2013 NASDAQ flash freeze|NASDAQ flash freeze]].<ref>{{Cite web|url=http://ir.nasdaq.com/news-releases/news-release-details/nasdaq-omx-provides-updates-events-august-22-2013|title=NASDAQ OMX Provides Updates on Events of August 22, 2013 |date=Aug 29, 2013 |website=Nasdaq, Inc.|language=en|access-date=2018-10-19}}</ref>
-On Monday, March 20, 2017, the Arca platform stopped functioning due to a "system issue" and the exchange was unable to close trading for an undetermined number of funds.<ref>{{cite news |url=https://www.ft.com/content/f8ef8494-0dc1-11e7-b030-768954394623 |title=Glitch at NYSE Arca Hits Hundreds of Exchange Traded Funds |date=March 21, 2017 |publisher=Financial Times}}</ref>
+On Monday, March 20, 2017, the Arca platform stopped functioning due to a "system issue" and the exchange was unable to close trading for an undetermined number of funds.<ref>{{cite news |url=https://www.ft.com/content/f8ef8494-0dc1-11e7-b030-768954394623 |url-access=subscription |title=Glitch at NYSE Arca Hits Hundreds of Exchange Traded Funds |date=March 21, 2017 |publisher=Financial Times}}</ref>
-==Fees==
-NYSE Arca's [[Market liquidity|liquidity]] fee and rebate structure resembles that of other electronic communication networks. In late 2006, it was the first one to offer NASDAQ-style fees on [[New York Stock Exchange]]-listed securities, a move that was soon copied by NASDAQ and other electronic communication networks. NYSE Arca charges traders that remove liquidity from the Arca-book $3.00 per 1,000 shares. Traders that add liquidity receive a $2.00 rebate per 1,000 shares. Traders that route orders out of the NYSE Arca system are charged $1.00 per 1,000 shares for Tape A securities and $4.00 per 1,000 shares for other securities.{{Citation needed|date=May 2018}}
 ==See also==
@@ Line 29: / Line 27: @@
 ==External links==
-* [https://www.nyse.com/markets/nyse-arca/trading-info NYSE Arca Trading Information] on NYSE.com
+* [https://www.nyse.com/markets/nyse-arca/trading-info NYSE Arca Trading Information] on NYSE
 * [[n:NYSE to merge with Archipelago; NASDAQ to buy Instinet|NYSE to merge with Archipelago; NASDAQ to buy Instinet]]. ''Wikinews''
@@ Line 35: / Line 33: @@
 [[Category:NYSE Euronext|Arca]]
+[[Category:Financial services companies established in 1994]]
 [[Category:Stock exchanges in the United States]]
 [[Category:Options exchanges in the United States]]
+[[Category:2006 mergers and acquisitions]]
 {{Stockexchange-stub}}

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