Following a merger agreement that has led to the combined entity of the
This past Tuesday, NYSE members voted in favor of the deal to buy Archipelago Holdings, and once the deal closes at the end of January, NYSE Group will be a publicly traded firm.
However, before the exchange goes public, it will need to choose a specialist for its own stock.
In addition, Goldman played an unusual role in the deal because the firm served as an advisor to both NYSE and Archipelago.
Michael LaBranche of