The New York Stock Exchange may be hedging its bet on electronic trading by seeking to acquire Archipelago's all-electronic platform. But, while Nasdaq intends to combine with INET, the NYSE must decide if it will merge its trading platforms. With the new york stock Exchange planning to merge with Archipelago Holdings and Nasdaq announcing a deal to buy INET, both marketplaces have acquired rival electronic-trading technology platforms to compete in a global market. But, while Nasdaq definitively stated that it would integrate all trading onto the INET platform, the NYSE, with its 213-year-old tradition of auction trading, says it is not shifting its listed stock trading business over to Archipelago's ArcaEx electronic platform — at least for now.
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