Jerry Putnam, Archipelago
ATS/ECNs 2000
Jerry Putnam is founder and CEO of Archipelago. Archipelago offers subscribers outbound order preferencing to create a national limit order book for Nasdaq stocks and, in the near future, listed stocks.
Do you feel as though the route Archipelago has taken is the best way for ECNs to ensure their survival?
I can't speak for other ECNs, but by becoming an exchange, Arca will graduate to a higher life form, have the ability to list stocks and reduce our costs of operations. The Archipelago Exchange
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