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Definition | : | New York Stock Exchange Arca |
Category | : | Business » Stock Market |
Country/ Region |
: | United States
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Popularity | : |
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New York Stock Exchange Arca (NYSE Arca), formerly known as the Archipelago Exchange (ArcaEx), is an electronic exchange operated by the New York Stock Exchange (NYSE), United States.
NYSE Arc primarily focuses on trading Exchange-Traded Funds (ETF) and operates as a fully electronic platform.
Note:
Exchange-Traded Fund (ETF) is an investment fund that is traded on stock exchanges, much like individual stocks.
ETF is designed to track the performance of a specific index, commodity, bond, or basket of assets.
The full form of NYSE Arca is New York Stock Exchange Arca