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NYSE to Merge with Archipelago Trading Firm

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NYSE to Merge with Archipelago Trading Firm

Business

NYSE to Merge with Archipelago Trading Firm

NYSE to Merge with Archipelago Trading Firm

  • Download
  • <iframe src="https://www.npr.org/player/embed/4612411/4612412" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The New York Stock Exchange is merging with an upstart electronic trading firm, Archipelago. With the merger, the NYSE will go from being a not-for-profit company to a publicly traded for-profit business.