AMEX


Also found in: Dictionary, Thesaurus, Acronyms, Wikipedia.

AMEX

American Stock Exchange

On October 1, 2008, it changed its name to NYSE Alternext U.S. Prior to its 2008 acquisition by NYSE Euronext, the American Stock Exchange was a mutually owned stock exchange located in Manhattan. Of the three main U.S. stock exchanges, it has the most liberal policies on company listing, having more small companies than either the NYSE or NASDAQ. As a result, it is smaller than either of those stock exchanges by trading volume, handling only about 10% of American securities.

American Stock Exchange (AMEX).

The AMEX is the second-largest floor-based stock exchange in the United States after the New York Stock Exchange (NYSE).

It operates an auction market in stocks (including overseas stocks), exchange traded funds, and derivatives, including options on many NYSE-traded and over-the-counter (OTC) stocks.