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BRIEF OBJECTS

SEC BLESSES NYSE, ARCA MERGER

The New York Stock Exchange's (NYSE) move toward a hybrid outcry/electronic transaction platform got a boost last week when the U.S. Securities and Exchange Commission (SEC) approved the NYSE's acquisition of Archipelago. The merger will close on March 7 and the NYSE plans to make the first trade of the NYSE Group on March 8, according to John A. Thain, CEO of the NYSE. The exchange first filed with the commission on Nov. 3, 2005 and this most recent approval is the

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