American Stock Exchange (redirected from American Exchange)

American Stock Exchange (AMEX)

Stock exchange with the third highest volume of trading in the US. Located at 86 Trinity Place in downtown Manhattan. The bulk of trading on AMEX consists of index options (computer technology index, institutional index, major market index) and shares of small to medium-sized companies are predominant. Recently merged with Nasdaq See: Curb.

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American Stock Exchange

A stock exchange. Prior to its 2008 acquisition by NYSE Euronext, the American Stock Exchange was a mutually owned stock exchange situated 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. On October 1, 2008, the American Stock Exchange changed its name to NYSE Alternext U.S.

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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.