View source for NYSE Arca Inc.

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{{Infobox_Company  <!-- Feel free to remove comments like this when you add real info -->
| company_name =   NYSE Arca
| company_logo =   [[Image:NYSE Arca.JPG{{!}}200px]]
| key_people =    
| foundation =     <!-- Year founded -->
| location =       New York, NY, USA
| employees =      <!-- Approx number of employees -->
| products =       <!-- Quick list of types of things company does or produces -->
| homepage=        [http://www.nyse.com/ www.nyse.com]
}}

NYSE Arca is an arm of [[NYSE Group]] that trades [[equities]] and [[exchange-traded funds]] on an all-electronic platform. <ref>{{cite web|name="NYSE Arca Listings”|url=http://www.nyse.com/about/listed/1140564939187.html|org=www.nyse.com|date=May 23, 2008}}</ref> 

NYSE Arca (originally the [[Archipelago Exchange]]) was the first all-electronic exchange in the U.S.  It currently trades more than 8,000 exchange-listed securities and is ranked #1 in the listing and trading of exchange-traded products (ETPs), including ETFs.<ref>{{cite web|url=https://www.nyse.com/markets/nyse-arca|name=NYSE Arca Equities|org=NYSE Arca|date=March 21, 2017}}</ref> 

NYSE Arca uses a system of competing market makers, who are required to maintain adequate minimum capital and continuous, two-sided quotes for all registered securities from 9:30 a.m. to 4:00 p.m. ET. They also clear and settle transactions through a registered clearing agency. NYSE Arca appoints Lead Market Makers (LMMs) for ETPs (Exchange Traded Products) with a primary listing on the exchange to meet defined obligations in exchange for incentives such as lower transaction fees.<ref>{{cite web|url=http://usequities.nyx.com/markets/nyse-arca-equities/market-making|name=NYSE Arca Equities Market Making|org=NYSE|date=December 30, 2013}}</ref>
	
==History==
NYSE Arca was originally the [[Archipelago Exchange]], owned by [[Archipelago Holdings]], which became part of the [[NYSE]] Group in 2006.

In 2005, Archipelago Holdings acquired [[PCX Holdings Inc.]], the parent of the [[Pacific Stock Exchange]]. The deal brought Archipelago the exchange's electronic system for trading stock options as well as the self-regulatory license that allowed the exchange to police itself. The deal also included PCX's 20-percent stake in the [[Options Clearing Corporation]] (OCC).

== Key People ==


== Flash Crash Response ==

In 2010, NYSE Arca introduced a new price collar designed to safeguard the execution of market orders. It was designed to prevent market orders to buy stock from executing or routing to another trading venue at a price above the collar.<ref>{{cite web|url=http://www.nyse.com/press/1279102600670.html|name=Press Release |org=NYSE Euronext|date=July 15, 2010}}</ref> Conversely, market orders to sell do not execute or route at a price below the trading collar. 

The collar was the latest in a series of steps<ref>{{cite web|url=http://www.nyse.com/press/1279102600670.html|name=Press Release |org=NYSE Euronext|date=July 15, 2010}}</ref> by the exchange aimed at protecting investors against a repeat of the May 6, 2010, record decline in the stock market known as the "flash crash."

Other actions:

• A pilot program of circuit breakers for individual issues was first rolled out on June 11 for stocks in the Standard & Poor's 500.
 
• An expansion of the above pilot program to cover 344 exchange traded products plus all stocks in the Russell 1000 index is planned for later this month, pending SEC approval.

• All markets have proposed amendments to existing rules concerning clearly erroneous trades, to make the cancellation of such trades -- when they occur in connection with an individual stock circuit breaker -- transparent and predictable for market participants.

• NYSE Arca has revised its market order routing to further enhance its interaction with the New York Stock Exchange when a Liquidity Replenishment Point has been reached and other individual-stock safeguards imposed by primary markets.

==Categories of Listed Stocks==
NYSE Arca lists Tier I companies <ref>{{cite web|name="Tier 1”|url=http://www.nyse.com/about/listed/1140564939187.html|org=www.nyse.com|date=Nov. 29, 2007}}</ref> and Tier II companies <ref>{{cite web|name="Tier II”|url=http://www.nyse.com/about/listed/1160561786416.html
|org=www.nyse.com|date=Nov. 29, 2007}}</ref>.  

*Tier I is designed for large capitalization mature companies. Federal securities laws provide that Tier I listed companies are exempt from all state registration requirements, known as "[[blue sky laws]]."
*Tier II is designed for smaller issuing companies. A listing on Tier II provides these issuers with exemptions from certain "blue sky" requirements.

== References ==
<references />

== Also see ==
[[Pacific Stock Exchange]]

[[Category:Exchanges]]
[[Category:North American Exchanges]]
[[Category:Stock Exchanges]]
[[Category:Options Exchanges]]
[[Category:NYSE Euronext]]
[[Category:OCC]]