Solved

The NYSE Purchased Archipelago (An ECN) in Order to Expand

Question 38

True/False

The NYSE purchased Archipelago (an ECN) in order to expand its floor-trading capabilities.
The acquisition was actually to bring electronic trading capabilities and expertise as a complement to the NYSE's established floor-trading skills.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents