- By: Ray Pellecchia
- File Under: NYSE Arca
Cloud is not the official name, and in fact the initiative doesn't really have a name, but I like the word because in this case, it fits. Orders that don't get matched within NYSE Arca are routed through this cloud of dark indications on their way to going out to another market. If they find a match in the cloud, they save time in terms of latency and have an opportunity to get price improvement. They also have a better opportunity to get filled. So in terms of liquidity, I hope this dark cloud is a rainmaker for you.
Forgive me.
more »