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Chicago Innovation Award Winner

Archipelago Holdings, LLC

Winner in: 2003
Winning Product: The Archipelago ExchangeSM
Winner Category: Chicago Innovation Award
Industry: Financial

A stock exchange that treats an individual investor’s interests the same as a multi-billion dollar company. Archipelago Holdings, LLC created the first totally open, fully electronic U.S. stock exchange, which brings fairness and transparency to all investors regardless of money invested. Currently, other exchanges and markets cater to larger investors, while The Archipelago ExchangeSM (ArcaEx) caters to everyone because it treats all investors equally. The NASDAQ is already experiencing the impact of Archipelago’s work because a significant percentage of the NASDAQ’s volume is traded via ArcaEx.

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