"We are pleased to welcome Pegasus Communications to our steadily-growing roster of ArcaEx-listed companies," said Sam Long, Managing Director of ArcaEx's Corporate Client Group. "We look forward to serving as a fair and transparent marketplace for the company and its shareholders."
"We are excited to list on an exchange that focuses on providing investors with access to a fair and efficient marketplace," said Marshall (Mark) Pagon, Chairman, CEO and President of Pegasus Communications. "Listing on ArcaEx offers Pegasus the opportunity to increase our awareness in the investor community."
In addition to providing the advantages of electronic trading, ArcaEx enables NYSE-, Amex- and Nasdaq-listed companies and their investors to reap the benefits of ArcaEx's investor focused market structure. ArcaEx operates as an all-electronic auction market, with an open limit order book matching buyers and sellers directly based on simple price and time priority, leveling the playing field for all market participants.
Currently over 230 companies are listed on ArcaEx. In addition to its own listings, the exchange trades all NYSE, Nasdaq, and Amex listed stocks.