SPEAKER INDEX    CONTENTS   INSERTS   
ACKERMAN         5      8     44     45     46     47     48     50  
BAKER            1      5      6      7      8     12     16     20     25  
                30     34     37     38     39     40     42     43     48  
                50     55     56     57     58     59     60     61     62  
                63     65     66     67     71     72     73  
GREIFELD        25     45     46     47     48     52     70  
KANJORSKI        3      7      8     40     42     50     54     55     56  
                65     66     67     68     70     71     72     73  
MCCARTHY         7     50     52     54     55     56     67     71  
MCCOOEY         20     58     59     60     62     63     71  
MEEKS            6  
NICOLL          16     52     54     55     63  
PUTNAM           8     48     61     63     65     66     68  
SAUTER          34     69     70  
SULLIVAN        30     56  
THAIN           12     37     38     39     40     44     45     46     55  
                56     59     60     61     63     67  

CONTENTS    SPEAKERS   INSERTS   
STATEMENT OF GERALD D. PUTNAM, CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF ARCHIPELAGO HOLDINGS
                                                                 PAGE     8

STATEMENT OF JOHN A. THAIN, CHIEF EXECUTIVE OFFICER OF THE NEW YORK STOCK EXCHANGE, INC.
                                                                 PAGE    12

STATEMENT OF EDWARD J. NICOLL, CHIEF EXECUTIVE OFFICER, INSTINCT GROUP INCORPORATED
                                                                 PAGE    16

STATEMENT OF ROBERT H. MCCOOEY, JR., PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THE GRISWOLD COMPANY
                                                                 PAGE    20

STATEMENT OF ROBERT GREIFELD, PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THE NASDAQ STOCK MARKET, 
INC.
                                                                 PAGE    25

STATEMENT OF FRANK C. SULLIVAN, PRESIDENT, CHIEF EXECUTIVE OFFICER AND CHIEF OPERATING OFFICE, RPM 
INTERNATIONAL, INC.
                                                                 PAGE    30

STATEMENT OF GEORGE U. ''GUS'' SAUTER, CHIEF INVESTMENT OFFICER AND MANAGING DIRECTOR, THE 
VANGUARD GROUP
                                                                 PAGE    34


INSERTS    SPEAKERS   CONTENTS   
NO INSERTS IN THIS HEARING