View source for NYSE Arca

{{Short description|American stock exchange}}

[[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]] (NYSE) 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" /> 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 |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=https://www.chicagotribune.com/2005/01/04/archipelago-to-buy-the-pacific-exchange/ |title=Archipelago to Buy the Pacific Exchange |date=January 4, 2005 |publisher=Chicago Tribune |url-status=live |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, ArcaEx merged with the 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 |date=Aug 29, 2013 |website=Nasdaq, Inc.|language=en|access-date=2018-10-19}}</ref>

==See also==
* [[List of stock exchanges]]
* [[List of stock exchanges in the Americas]] 
*[[List of stock exchange mergers in the Americas]]

==References==
{{Reflist}}

==External links==
* [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''

{{NYSE Euronext}}

[[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]]


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