ARCHIPELAGO GOING PUBLIC
How Will Electronics Communications Networks Change Trading?

Surviving the boom times, the day-trading craze, and various merger possibilities (e.g. Instinet acquiring Island), Archipelago is going public. I don't know about ECNs and the stock trading industry that much, so I was wondering how this IPO and ECNs in the future are going to change stock trading. Anyone?

Shoutout... to Jennifer, my close friend's wife, who works at Archipelago. Buy me dinner after the IPO please!

From Daniel Primack's PE Week Wire:
Archipelago Holdings Inc., a Chicago-based electronic stock exchange operator, has filed to raise $150 million via an IPO of common stock on the Nasdaq under proposed ticker symbol ARCA. Last December, the company received a $125 million private equity investment from General Atlantic Partners. General Atlantic and Goldman Sachs (which is lead underwriting the IPO) are Archipelago's largest shareholders.

(company press release)