NYSE Arca, one of the two securities exchanges operated by the NYSE Group, Inc., is the first open, all-electronic stock exchange in the United States.
Trades are executed quickly - electronically and anonymously - on the US market trading center with the best available price. Among the securities traded on Arca are individual stocks, exchange-traded funds, and equity options.
NYSE Arca was formed by the merger of the NYSE and Archipelago Exchange, an electronic communications network (ECN), creating what is known as a hybrid market.
- Browse Related Terms: Electronic communications network (ECN), Fourth market, Instinet, National Association of Securities Dealers Automated Quotation System (NASDAQ), NYSE Arca, Off-board, Secondary market, Third market