| Pacific Stock Exchange |
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Information AboutPacific Stock Exchange |
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In 1999, the Pacific Exchange was the first US stock exchange to Demutualize . In 2001, the Los Angeles trading floor was closed, and the next year the San Francisco trading floor closed as well. Pacific Exchange equities trading now takes place exclusively through NYSE Arca (formerly known as ArcaEx), an Electronic Communications Network . On September 27 , 2005 , the Pacific Exchange was bought by the owner of the ArcaEx, Archipelago Holdings , which in turn was bought by the New York Stock Exchange in 2006. Its former trading floor on the corner of Sansome and Pine Street in its financial district was sold to private developers and converted into a Gymnasium . In 2003, the Pacific Exchange launched PCX Plus, an electronic options trading platform. EXTERNAL LINK |
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