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Friday, January 07, 2005

Ex-Fidelity Capital Markets COO Says It All

Arca announced the appointment of Matthew Gelber today. Mr. Gelber with be a managing director in Arca's newly acquired options business. He's yet another champion jockey and the options business is an incredible horse!

In the Arca press release Mr. Gelber says a mouthful: ""Archipelago is as progressive an organization as there is within the financial services arena. They have consistently driven positive, investor-friendly change in the equities market. With their announced acquisition of the Pacific Exchange, Archipelago is well positioned to make a similar impact on the options marketplace. I am very excited to be joining such a forward-thinking company at a critical time in the evolution of the company and the markets."

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