Legal Opinion

Nasdaq Stock Market, Inc. v. Archipelago Holdings, LLC

District Court, S.D. New York

Decided September 15, 2004No. 03 CV 8231(DLC)PublishedCited by 8 opinions

1Opinion of the Court

OPINION and ORDER

COTE, Judge.

This action arises out of the facilitation of trading of the Nasdaq-100 Index Tracking Stock, known as QQQ shares, by Archipelago Exchange, LLC (“Area Exchange”) without a license from The Nasdaq Stock Market, Inc. (“Nasdaq”). The motions before this Court require a determination of whether Nasdaq retains a protectible property interest in QQQ shares once they are in the hands of investors, such that Nasdaq can require another exchange to obtain a license before investors are able to trade QQQ shares on that exchange.

On October 17, 2003 Nasdaq brought this suit…

2Cases cited22 opinions

  1. Swierkiewicz v. Sorema N. A.Supreme Court of the United States · 2002
  2. Skidmore v. Swift & Co.Supreme Court of the United States · 1944
  3. Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
  4. Polaroid Corporation v. Polarad Electronics CorporationCourt of Appeals for the Second Circuit · 1961
  5. Crosby v. National Foreign Trade CouncilSupreme Court of the United States · 2000

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3Cited by8 opinions

  1. Bowe v. Polymedica Corp.Court of Appeals for the First Circuit · 2005
  2. Merck & Co. v. Mediplan Health Consulting, Inc.District Court, S.D. New York · 2006
  3. Tiffany (NJ) Inc. v. eBay, Inc.District Court, S.D. New York · 2008
  4. Wellnx Life Sciences Inc. v. Iovate Health Sciences Research Inc.District Court, S.D. New York · 2007
  5. Audi AG v. Shokan Coachworks, Inc.District Court, N.D. New York · 2008

3 more not listed; retrieve them via the Exa API.

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