Archipelago was created with the vision of making markets better for all investors, a vision that we share with the NYSE and has led us to this historic day. I am extremely proud of the innovation, the technology and the value Archipelago has brought to its customers and shareholders and am excited about combining our strengths with those of the NYSE.

This transaction will effectively combine two strong pools of liquidity into one fully integrated and innovative trading platform.

For five years now, Wave Securities has provided exceptional service to the institutional community. We were proud to have such a great team within Archipelago Holdings and wish them the best as they join Merrill Lynch.

We are pleased that our shareholders recognize the value delivered and to be delivered through our merger with the NYSE.

The government needs to quit saying they're going to have them out by the 15th (of October) until they give them some options. What are they going to do? Put them out on the street.

They let people sign up. We've yet to see an offer of a house or trailer. As I understand it, they don't have any space.