Archipelago's Latest Stakeholder Is Its First European Investor

ATS/ECN UPDATE

Bank Parabas has become the latest investor in Archipelago, and has taken a stake in the ECN through its US subsidiary, BNP Cooper Neff.

"The investment of the BNP Paribas Group provides an excellent opportunity for Archipelago's strategic global expansion," says Gerald Putnam, CEO of Archipelago.

Robert Cavallaro, managing director of BNP Cooper Neff, says, "The investment decision confirms BNP Paribas' ongoing program to be a leader in new financial technologies." The BNP Paribas Group's

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