CFO StA(c)phane Biehler, who joined the firm in 2013 following roles at NYSE Euronext and Archipelago Holdings
In 2005, the New York Stock Exchange (NYSE) moved into the electronic exchange marketplace by merging with Archipelago Holdings
,a pioneer electronic trader.
He has also worked as executive vice president and chief financial officer of NYSE Euronext (NYSE: NYX) and its predecessor company NYSE Group Inc, and was chief financial officer of Archipelago Holdings
Hawaiian Holdings said the common stock will continue to be listed on the American Stock Exchange, while the decision to withdraw the listing from NYSE Arca Inc was made in an effort to eliminate expenses and duplicative administrative requirements and as a result of the NYSE Group's recent merger with Archipelago Holdings
, the parent company of NYSE Arca.
Alltel said it decided to voluntarily withdraw its RYSE Arca listing to eliminate duplicative administrative requirements inherent with dual listings as a result of the NYSE Group's merger with Archipelago Holdings
, the parent company of NYSE Arca Inc.
Last March, the NYSE purchased Archipelago Holdings
and the affiliated Pacific Exchange for $9 billion and transformed itself into a for-profit public company called NYSE Group Inc, trading under the ticker symbol NYX, according to a report in the San Francisco Chronicle.
The move follows steps of the larger New York Stock Exchange, which became public March 8 after its acquisition of Archipelago Holdings
The stock opened at $67 a share, up more than 4 percent from the closing price Tuesday of Archipelago Holdings
The 213-year-old New York Stock Exchange announced a merger with all-electronic rival Archipelago Holdings
Nelson Chai, CFO of Archipelago Holdings
, explains that exchange status gave Archipelago some important economic advantages, most notably listing fees, a share in tape revenue and a reduction in clearing costs.
signed for 23,980 s/f and electronic stock market firm Archipelago Holdings
Under the agreement, E*Trade and Goldman Sachs, as well as founding partners Virago Enterprises LLC and Townsend Analytics Ltd, will each own one-quarter of the voting interest in a new company, Archipelago Holdings